HSBC books 10% profit rise for third quarter, launches $3 billion buyback By Reuters
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -HSBC Holdings posted a 10% rise in third-quarter profit on Tuesday, beating analyst estimates, as its wealth and wholesale banking benefited from slower-than-expected rate cuts while it embarks on one of the largest overhauls in its history. Europe’s largest bank posted pretax profit of $8.5 billion…