HSBC profits seen up 10 percent as cost cuts pay off

LONDON (Reuters) - HSBC Holdings is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest bank benefits from cost cuts and the absence of a big provision to cover a fine last year.

from Reuters: Business News http://feeds.reuters.com/~r/reuters/businessNews/~3/F4nr-aSXveg/story01.htm