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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.
HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index below the 6000 mark, ...
First-quarter results at Deutsche Bank AG and HSBC Holdings Plc offered an early glimpse of how two of Europe’s biggest ...
HSBC is bracing for more trade war-related market volatility after the bank's profits plunged by a quarter at the start of ...
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 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 ...
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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