HSBC soothes shareholders with restored dividend as profit triples

HSBC soothes shareholders with restored dividend as profit triples

FILE PHOTO: HSBC's logo is seen on its headquarters in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu

HSBC Holdings’ profit tripled in the first quarter, beating expectations, as rising interest rates boosted its income and helped the lender pay its first quarterly dividend since 2019.