The HSBC share price has slumped and moved into a correction after falling by 12% from its highest point this year. It has dropped to 1,210p, mirroring the performance of other European banks.
HSBC Holdings Plc is weighing a wave of deep job cuts over the coming years that could ultimately impact around 20,000 roles, or about 10% of its total workforce, Bloomberg News reported on Wednesday, citing people familiar with the matter.
HSBC Holdings plc (HSBC) Presents at European Financials Conference 2026 Transcript
HSBC Holdings PLC (LSE:HSBA) and Standard Chartered PLC (LSE:STAN) are the two London-listed banks with the largest operations in the Middle East and Asia, and so face the greatest earnings risk among European lenders from the ongoing regional conflict, according to JP Morgan. In the first of a new "capital at risk" series examining banks' vulnerability to current global pressures, analyst Kian Abouhossein estimated that the Middle East accounts for around 4% of HSBC's pre-tax profit and roughly 12% of Standard Chartered's – the highest exposures among the European banks the bank covers.
Allianz SE and Sun Life Financial are considering bids for HSBC's Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on Thursday, citing people familiar with the matter.
HSBC and NatWest among top picks as analysts argue fundamentals remain intact despite 9% sector decline European bank stocks have fallen 9% since conflict broke out in the Gulf, underperforming the broader European market by 2%, but Citi argues the selloff is overdone and is maintaining its 'overweight' stance on the sector. Its analysts say the decline primarily reflects positioning rather than fundamentals, with banks having been consensus long trades that inevitably suffer when investors reduce risk exposure.
European banks are quietly defying the doubters and Citi believes the run isn't over yet, with HSBC Holdings PLC and NatWest Group PLC its top picks. The sector is up 4% in the year to date, "climbing a wall of worry" that includes ECB rate cuts, tariff uncertainty, and geopolitical concerns.
Investors with an interest in Banks - Foreign stocks have likely encountered both HSBC (HSBC) and Banco Santander-Chile (BSAC). But which of these two stocks offers value investors a better bang for their buck right now?
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HSBC Holdings plc (HSBC) Q4 2025 Earnings Call Transcript
HSBC posts a sharp y/y Q4 profit jump as revenues rise 41% and credit losses fall, while key business lines deliver solid pre-tax growth.
HSBC Holdings PLC received further backing from analysts after a stronger-than-expected fourth quarter and upgraded guidance for 2026, which sent the shares to new highs. Fourth-quarter pre-tax profit excluding notable items beat company consensus by 9%, UBS said, driven by banking net interest income and lower impairments.