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HSBC plans multibillion share buyback as profits slump in first quarter
HSBC has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that economic uncertainties are weighing on business growth, expecting a low single-digit percentage direct impact on group revenue.
First-quarter results at Deutsche Bank AG and HSBC Holdings Plc offered an early glimpse of how two of Europe’s biggest ...
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.
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 ...
HSBC sets aside $876m for bad loans as Trump’s tariffs disrupt global trade, with the Asia-focused bank warning of further ...
The British-Asian bank HSBC, which is also active in Switzerland, delivered a good operating result in the first quarter.
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 ...
LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $6.93 billion in its first quarter. The bank, based in London, said it had earnings of $1.95 per share. The bank ...
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