HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...
HSBC sees mid-teens RoTE 2025-2027
We are now targeting a mid-teens return on average tangible equity in each of the three years from 2025 to 2027 excluding ...
HSBC board approves total 87c dividend for 2024, to initiate $2B share buyback
The Board has approved a fourth interim dividend of 36c per share, resulting in a total of 87c per share in respect of 2024, ...
HSBC to save $1.8 billion over two years under new CEO
HSBC HSBA.L posted annual profit on Wednesday that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of ...
Is the UK failing victims of fraud?
A new compensation scheme is meant to protect against push payment scams, but experts say the system itself is in urgent need ...
Is the UK’s fraud compensation scheme already broken?
New protections are meant to help victims of push payment scams, but experts say the system itself is in urgent need of ...
HSBC annual profit jumps 6.5%, marginally misses estimates
Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' ...