While well-known on the UK High Street, the banking giant makes most of its money outside of Britain.Read more
Asia Business Reporter
More signs that HSBC 's recovery drive is working, with news that it made a pre-tax profit of $17.2bn (£12.3bn) in 2017.
That's a 141% jump on the $7.1bn profit of the previous year.
But before we get too carried away, bear in mind 2016 was a particularly tough year, with some hefty one-off costs, meaning the comparison is a tad flattering.
While HSBC is listed on the London Stock Exchange and remains a staple of the UK High Street, drilling into the figures shows just how much this is now a bank driven by Asia.
The lion's share of those pre-tax profits ($15.3bn of them) came from the region, while Europe clocked up a $1.9bn loss.