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HSBC launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit on Tuesday, and warned of a ...
HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry ...
The London-based bank announced a share buyback of up to $3 billion as it reported a drop in first-quarter net profit.
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a ...
HSBC Holdings Plc announced a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has ...
HSBC reported a 25% fall in first-quarter profit on Tuesday, beating market expectations, due to one time charges related to ...
HSBC sets aside $876m for bad loans as Trump’s tariffs disrupt global trade, with the Asia-focused bank warning of further ...
HSBC increased provisions for loan losses in its first-quarter report, as trade war woes clouded the lender’s results.
The bank reported US$900 million in expected credit losses for the quarter to reflect heightened economic uncertainty. Read ...
Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, ...
HSBC launched a US$3 billion share buyback after reporting a 25 percent fall in first-quarter profit on Tuesday and warned of ...