HSBC (HBC): H1 pretax profit +3% Y/Y to $11.5B; net profit +35% to $8.93B; EPS of $0.51....

HSBC (HBC): H1 pretax profit +3% Y/Y to $11.5B; net profit +35% to $8.93B; EPS of $0.51. Impairments -30% to $5.3B. Targeting $2.5B-3.5B of cost savings. Core Tier 1 capital ratio of 10.8%, up from 10.5%. Shares +3.4% in London. (PR)