The bank said second-quarter net profit jumped by more than half to $3.87 billion as revenues grew faster than expenses.
Reported pre-tax profit for the six months to June rose 5% to $10.2bn compared with $9.7bn for the same period in 2016.
HSBC said it had seen a seven per cent increase in revenue from transaction banking products, although overall revenue of $26.2bn was 11 per cent lower "primarily due to currency translation differences, the absence of fair value movements on our own debt and revenue from the operations in Brazil that we sold". It completed a share buyback of $1 billion during in April.
The latest share buyback lifts the total buybacks by the bank the this year to $5.5 billion. The revamp he and Chairman Douglas Flint started in 2011 involved exiting dozens of businesses and swaths of the world, and marked a U-turn for HSBC after a stint of unbridled growth.
Mr Gulliver and Mr Flint are both retiring, leaving a legacy of improving revenue and returning more capital to shareholders, having focused on trimming the bank's empire and shifting its focus eastwards.
The most recent buyback of shares of as much as $2 billion has come as the bank uses additional capital to offset a dilutive effect on shares paid out in the form of dividends. He has spent most of his tenure attempting to improve profitability by shrinking HSBC's vast global network, exiting nearly 100 businesses and 18 countries. Interested investors should note that this latest move takes the amount of buy-backs pledged since the second half of 2016 to $5.5bn.
Laith Khalaf, senior analyst at Hargreaves Lansdown, said: "The market has reacted positively, mainly because it likes the smell of two billion United States dollars of cash heading back to investors from a share buy-back scheme taking place in the second half of this year".
The estimate, one of the most detailed yet by a major bank, includes the costs of relocating up to 1,000 jobs to the French capital as well as associated legal fees, Gulliver said.
London's financial executives have warned of the dire consequences for jobs and investment of a "cliff-edge" Brexit, in which no mutual free trade deal is struck before the two-year renegotiation period ends. The shares have risen from £4.82 to £7.71 over the last 12 months.
A Justice Department spokeswoman said Arpaio faces up to six months in prison at his sentencing, which is scheduled for October 5. Rather he blamed his former attorney for not explaining him the court orders properly, the Chicago Tribune reported.
Trump has denied any collusion between his associates and Moscow and termed the Russian investigation "a witch hunt". The law will be sent for signature to the President of the United States Donald Trump, who has the right to veto it.
Home-crowd favourite Katinka Hosszu can win her second individual medley title of these championships in the women's 400m final. Dressel beat Schooling at the 50 yard freestyle and 100 yard fly at the NCAA Championships in March this year.
The Russian President declared his hopes that Russian-US relations would be fixed, and bilateral cooperation would be stepped up. Putin on Thursday: "I do not quite agree with you that the issue is about imposing sanctions or adhering to US laws".
In a statement, Priebus said it had been one of the great honours of his life to serve Trump and the country. Trump also thanked Priebus for his service. " We accomplished a lot together and I am proud of him! ".
Card said the snake , which the woman said was around five feet in length, was biting the woman's nose and just wouldn't let go. A firefighter had to cut the snake's head with a pocket knife in order to release the woman from its grasp.
He has now "issued a subpoena on Lady Gaga ", meaning she could have to deliver evidence in a three-hour sit-down interview. Gaga , a sexual assault survivor, has been an outspoken supporter of Kesha throughout the years-long ordeal, but Dr.
The guaranteed money ranks seventh for the position, and $2.75 million less than what was guaranteed to teammate Earl Thomas . I can't really put a time frame on how long I want to play. "As long as the wheels let me", Chancellor said.
In a sign of the importance Israel places on its ties with Jordan , the Israeli government moved quickly to restore calm. The security guard shot dead the Jordanian attacker, while a second Jordanian there at the time was also killed.
The 2016 meeting happened after the president's eldest son was offered potentially damaging information about Hillary Clinton . But Democrats used a parliamentary rule to cut short the hearing before he could give damning testimony against Fusion GPS.
Trump sacks Reince Priebus as White House chief of staff
In a statement, Priebus said, "It has been one of the greatest honors of my life to serve this President and our country". JUDY WOODRUFF: Well, it is - as you and I were just saying, it's one more tumultuous day in what's been nonstop tumult.
Pakistan names Abbasi interim prime minister
Sharif's brother, Shehbaz , who is chief minister of Punjab Province, is a strong contender for the prime minister's job. Abbasi will now need to obtain a trust vote from the National Assembly - a rubber stamp cermony - before he is sworn in.
Freakish own goal helps Inter beat Chelsea
Michy Batshuayi thought he had leveled matters for Chelsea in the 88th minute, but the striker's effort was flagged offside. Inter had taken a two-goal lead and looked comfortable after strikes by Steven Jovetic and Ivan Perisic.