09:58 AM EST - HSBC Bank Canada : recorded a profit of $220m for the first quarter of 2012, an increase of $60m, or 37.5% compared with $160m for the first quarter of 2011. Profit attributable to common shareholders was $202m, an increase of $60m, or 42.3% over the first quarter of 2011. The increase was primarily due to a gain of $84m resulting from the sale of the full service retail brokerage business as well as increased net interest income and reduced operating expenses. HSBC Bank Canada
shares T.HSB.PR.E are trading unchanged at $27.10.
