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By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -HSBC warned that loan demand and credit quality ...
HSBC launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit on Tuesday, and warned of a ...
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 has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that ...
First-quarter results at Deutsche Bank AG and HSBC Holdings Plc offered an early glimpse of how two of Europe’s biggest ...
HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry ...
HSBC reported a 25% fall in first-quarter profit on Tuesday, beating market expectations, due to one time charges related to ...
Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, ...
HSBC shares rose as the London-based bank unveiled its first quarter results, which showed a big jump in loan loss provisions ...
HSBC increased provisions for loan losses in its first-quarter report, as trade war woes clouded the lender’s results.
World trade isn’t grinding to a halt but it is changing shape, according to the chief executive of HSBC, a major funder of global commerce. “We’ve seen a significant drop in volumes along the ...
Two of Europe’s largest banks set aside more money for soured loans, preparing for the risk that President Trump’s trade war hurts the global economy. London-listed HSBC—a huge funder of international ...