HSBC has reported a 9% rise in profit for last year, boosted by cost cuts as it restructured the business.
Reported pre-tax profit was $22.6bn (£13.6bn), compared with $20.6bn in 2012, the bank said.
The bank sold or closed 20 non-strategic businesses last year as it streamlined the business.
"The group today is leaner and simpler than in 2011, with strong potential for growth," said chief executive Stuart Gulliver.
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