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 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 Holdings (HSBA) Receives a Hold from RBC Capital
RBC Capital analyst Benjamin Toms maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.00. The ...
HSBC announces €1.9bn share buyback as annual profit jumps
HSBC reported a profit in 2024 as strong performances in wealth and personal banking and global banking and markets offset a ...
HSBC Plans New Share Buyback, Cost Cuts
The London-based bank said it plans a new share buyback and cost cuts as its chief executive concentrates on streamlining the ...
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 ...