HSBC

HSBC Holdings posted a 1.8% drop in first-quarter pretax profit to $12.7 billion, a performance partly due to rising costs from expansion in Asia and amid inflationary pressures.

2024-04-30T08:00:30+0100

The coming week’s economic highlights include an FOMC announcement, the latest US jobs report, and Bank of Japan minutes.

2024-04-26T16:09:45+0100

Moderna, all-sessions, falls almost 2% after HSBC downgraded stock to "reduce" rating from "hold". IGTV financial analyst Angeline Ong looks at what’s behind the stock reaction.

2024-02-26T14:44:20+0000

Lloyds investors look past Lloyds motor finance probe charge and focus on its results instead, sending its shares up 3%. IGTV's Angeline Ong looks at the share reaction alongside HSBC and Barclays results this week.

2024-02-22T12:54:46+0000

HSBC posted a record annual profit, however, below analysts' forecasts. Pretax profit came in at $30.3 billion in 2023, up 78% on the previous year.

2024-02-21T08:00:03+0000

UK banks are expected to see a better 2024 thanks to stronger credit conditions and reduced pressure on margins.

2024-02-13T12:04:36+0000

US stocks indicated slightly higher after PCE data. Nike, all-sessions, shares fall after the company cut its sales forecast.

2023-12-22T14:42:55+0000

HSBC Holdings pre-tax profit more than doubled in the third quarter, as higher interest rates boosted the bank's profitability, but the number missed estimates.

2023-10-30T09:50:58+0000