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The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 ...
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
HSBC Holdings Plc shareholders wiped out about $9.4 billion of the firm’s market capitalization after quarterly earnings fell ...
CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility ...
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese ...
3d
Cryptopolitan on MSNHSBC reports a 26% drop in pretax profit amid mounting bad debts
HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China ...
LONDON] HSBC Holdings is planning to let go of several staff in its Germany-based equities team as it continues to pare the ...
The group also revealed that it was about halfway through its efforts to save 1.5 billion US billion (£1.1 billion) worth of ...
4d
Free Malaysia Today on MSNHSBC says pre-tax profit dropped to US$15.8bil in H1 2025
The London-headquartered bank generates most of its revenue in Asia and has spent several years pivoting to the region.
Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss ...
3d
The Manila Times on MSNHSBC H1 pretax profit drops to $15.8 billion
BANKING giant HSBC said on Wednesday that pretax profit in the first six months of 2025 fell more than 26 percent to $15.8 billion, but said it was “well-positioned” to deal with the effects of US ...
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