"That's not necessarily a bad thing - increasing efficiency at a bank like HSBC is a matter of many small and midsize details that have to be well coordinated." HSBC said it aimed for a performance target of a mid-teens return on average tangible equity for each year from 2025 to 2027, while noting the outlook for interest rates is volatile and uncertain in the medium term. For 2024, wealth and personal banking, its biggest earner, delivered $12.2 billion in profit before tax, a 5.2% rise from a year earlier, as it won new customers and sold more wealth management products. Profit in global banking and markets rose nearly 27% to $7.1 billion, HSBC's earnings filing showed. HSBC also said it will pay a fourth interim dividend of $0.36 a share, resulting in a total of $0.87 for 2024, which includes a special dividend of $0.21 for the disposal of its Canadian business.