HSBC Holdings plc Sponsored ADR (HSBC)
HSBC Pops Higher On Forecast-Beating Q3, New Buyback Programme
HSBC shares rose on Tuesday as the bank announced a fresh $3 billion share buyback scheme and posted estimate-topping third-quarter numbers.
HSBC $3 billion share buyback 'not really' a surprise, analyst says
Manyi Lu, assistant research director of group research at DBS Bank (Hong Kong), discusses HSBC's third-quarter earnings.
Serendipity Capital appoints outgoing HSBC Europe head Colin Bell to board
Serendipity Capital has appointed Colin Bell, the outgoing head of HSBC Europe, to its board as a non-executive director, the investment firm said on Tuesday.
HSBC profits rise more than expected, Elhedery keeps schtum on structural details
HSBC Holdings PLC (LSE:HSBA) reported higher profits than forecast for the third quarter and announced a new $3 billion share buyback. Europe's largest lender reported a pre-tax profit of $8.5 billion, up over 6% compared to a year earlier and well ahead of the $7.6 billion consensus estimate.
HSBC Announces Buybacks as Profit Beats Estimates
HSBC reported better-than-estimated earnings and announced a fresh multi-billion dollar stock buyback days after unveiling a major overhaul of its businesses. Europe's largest bank said it would repurchase up to $3 billion of shares on the back of a 9.9% gain in pretax profit from a year earlier to $8.48 billion.
HSBC's $3B share buyback: What it means for investors after Q3 earnings beat
HSBC, Europe's largest bank, announced a $3 billion share buyback following an impressive third-quarter earnings report that exceeded analyst forecasts. This announcement, alongside a solid revenue increase, emphasizes HSBC's robust financial standing and strategic focus on enhancing shareholder value.
HSBC beats expectations in third-quarter earnings; announces additional $3 billion share buyback
HSBC reported third-quarter pre-tax profit of $8.5, a 10% rise compared to the $7.7 billion posted a year ago. Quarterly revenue grew 5% to $17 billion from the $16.2 billion that was reported a year ago.
HSBC third-quarter profit rises 10%, beats estimates
HSBC Holdings reported a 10% rise in third-quarter profit on Tuesday, beating analyst estimates, as it benefited from slower-than-expected rate cuts while it is embarking on one of the largest overhauls in its history.
BP, HSBC, Google, McDonald's line up on big Tuesday
Tuesday brings updates from HSBC and BP, after the former signalled a split of its Asian and UK businesses recently.
Gold will rise higher on geopolitical risks, but weaker demand and rising supply will end rally in H2 2025 – HSBC
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Stock Rally Has More Room to Run, HSBC's Inui Says
"All the pieces are really falling into place for equities," Nicole Inui, HSBC's head of equity strategy for Americas, says on "Bloomberg Open Interest." Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: Click Here -------- More on Bloomberg Television and Markets Like this video?
HSBC joins China's payment system in boost to yuan usage
HSBC's Hong Kong unit has joined China's worldwide interbank renminbi payment system (CIPS) as a direct offshore participant, according to a company statement.
