HONG KONG , China (AFP) — HSBC’s net profit was down 18 percent at $4.3 billion in the first quarter, the bank said Tuesday, affected by “extreme levels” of market volatility early in the year. “Our first quarter performance was resilient in tough market conditions that affected the entire banking sector,” said group chief executive Stuart Gulliver. Falling oil prices and fears over China’s economic slowdown contributed to a stocks rout in Asia early 2016 […]