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HSBC profit in Q2 stung by higher costs, China charge
HSBC Holdings Plc shareholders wiped out about $9.4 billion of the firm’s market capitalization after quarterly earnings fell short of expectations as Chief Executive Officer Georges Elhedery pushes through an increasingly expensive restructuring of the firm.
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 ...
Michael Makdad, senior equity analyst at Morningstar, looks back on HSBC's interim earnings, and how some of the broader ...
GlobalData on MSN1d
HSBC reportedly considers selling Australian retail bankThe potential sale, managed by Citi, could attract local lenders seeking to expand their credit card offerings.
Legit on MSN1d
HSBC banks lower profits on higher costsBank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well ...
Novo Nordisk (NVO) downgraded to Hold by HSBC amid growth concerns, GLP-1 market challenges, and revised 2025-2026 earnings ...
HSBC Holdings Plc is asking all managing directors to work in the office for at least four days a week starting in October, ...
The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback.
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
Jeroen Krens has stepped down as chair of the International Swaps and Derivatives Association – a role he held for just seven ...
COST, HSBC, and BKNG are gaining ground with strong strategies, solid results, and standout performance vs. peers.
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