HSBC's (HBC) 2012 pretax profit slipped 6% to $20.6B and came in below consensus, with earnings hurt by $1.9B of fines for breaching U.S. anti-bribery compliance laws and $1.4B for mis-selling financial products in the U.K. Underlying revenues rose 7% to $63.5B, boosted by decent growth at the bank's Global Banking & Markets and Commercial Banking units. Despite the fall in profit, HSBC increased its 2012 dividends 10% to $0.45 a share, although its stock price still fell 2.7% premarket.
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