HSBC holdings, Europe's biggest bank said paying rising wages in Brazil, China and other emerging market is the price of avoiding the slowdown being felt by most of its rivals.
The bank has 89 million customers across 85 countries, said pretax profit in 2011 rose 15% to $21.9 billion.
The bank has 89 million customers across 85 countries, said pretax profit in 2011 rose 15% to $21.9 billion.
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