FRANKFURT (Bloomberg) — HSBC Trinkaus & Burkhardt AG, a German lender controlled by Britain’s HSBC Holdings Plc, said third- quarter profit was almost halved on lower revenue from commissions, trading and investments.Net income fell to 19.3 million euros ($24.7 million) from 38.2 million euros a year ago, the Dusseldorf-based bank said in a report on its Web site yesterday. The company also expects a “slight” decline in fourth-quarter profit.

HSBC Trinkaus, which focuses on investment banking and wealth management, has been trying to attract new clients and widen its range of services to boost profit. The company forecasts that operating profit will rise “significantly” this year, after it climbed 57 percent to 137.4 million euros in the first nine months.

Net interest income rose five percent to 23.2 million euros, while commission income fell 14 percent to 61.5 million euros and trading profit slid 9.3 percent to 18.5 million euros. Revenue from investments fell to 600,000 euros from 23.3 million euros.

HSBC Holdings controls 78.6 percent of the German unit, and Landesbank Baden-Wuerttemberg owns 20.3 percent of the bank.