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HSBC Braces for $1.6 Billion Hit in China Shakeup -- But Investors Are Getting a $3 Billion Surprise
HSBC Holdings (NYSE:HSBC) is staring down a potential pretax loss of up to $1.6 billion after China's Finance Ministry announced a $69 billion recapitalization for four major state-owned banks ...
HSBC Holdings HSBC is scheduled to announce first-quarter 2025 results tomorrow, before market open. The company’s quarterly revenues and earnings are expected to have decreased on a year-over ...
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.
HSBC Holdings Plc said it doesn’t expect tariffs to have a major impact on its business, adding its restructuring and capital return plans remained undeterred by the uncertainty from a brewing ...
HSBC (HSBA.L) posted a drop in pre-tax profits for the first quarter, but announced a share buyback programme of up to $3bn (£2.23bn). In results released on Tuesday morning, the bank said profits ...
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 ...
have multiple airline and hotel transfer partners for their credit cards. HSBC India is the latest bank to add 20 airline and hotel transfer partners to its credit card rewards program.
HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly ...
HSBC is bracing for more trade war-related market volatility and a 'muted' lending environment after the bank's profits plunged by a quarter at the start of the year. The bank, which is undergoing ...
April 29 (Reuters) - HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index (.SPX), opens new tab below the 6000 mark, weighed down by slower U.S ...
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