European banks have delivered strong returns since 2018, outperforming US peers and benefiting from improved balance sheets and higher interest rates. Despite high past returns and growing optimism, caution is warranted due to the sector's cyclical nature and slowing eurozone growth projections. Valuations remain attractive, with many banks trading below book value and offering appealing divide...
HSBC has signed a lease to take extra space in Canary Wharf before shifting its global headquarters away from the East London financial district, according to a company memo seen by Reuters, owing to a shortage of space at its planned new base in the central City of London area.
NEW YORK--(BUSINESS WIRE)--HSBC is proud to announce that US Head of Wealth and Private Banking Racquel Oden has been named to Forbes 50 Over 50 —an annual celebration of dynamic women who are making their biggest impact after the age of 50. Now in its fifth year, Forbes 50 Over 50, presented in partnership with MSNBC's Mika Brzezinski and her Know Your Value initiative, honors women over the a...
HSBC Holdings PLC (LSE:HSBA) shares neared the session close down 2.3% at 943.5p after a volatile session, but recovered some earlier losses as investors digested the latest quarterly update. UBS described the results as better than expected beneath the surface, with adjusted pre-tax profit 10% above consensus when excluding a hefty $2.1 billion writedown on HSBC's stake in China's Bank of Comm...
Danone S.A. (OTCQX:DANOY) H1 2025 Earnings Call July 30, 2025 5:30 AM ET Company Participants Georges Bahjat Elhedery - CEO, Member of the Group Management Board & Executive Director Manveen Pam Kaur - Group CFO & Executive Director Conference Call Participants Amandeep Singh Rakkar - Barclays Bank PLC, Research Division Benjamin Toms - RBC Capital Markets, Research Division Gurpreet Singh Sahi...
Press Release 30 July 2025 HSBC CONTINENTAL EUROPE INTERIM RESULTS 2025 On 29 July 2025, HSBC Continental Europe's Board of Directors approved the consolidated financial statements for the first half of 2025. Performance during the first half of 2025 reflected strong revenue growth in Corporate and Institutional Banking1 driven by increased client activity.
HSBC Holdings PLC (LSE:HSBA) shares fell over 4% after the bank reported a 29% plunge in second-quarter profit, but still unveiled another $3 billion share buyback and $0.10 quarterly dividend. Profit before tax came in at $6.3 billion for the second quarter, down $2.6 billion year-on-year due to a $2.14 billion impairment charge relating to a longstanding investment in China 'associate' Bank ...
The HSBC share price plummeted in Hong Kong after the company reported weaker-than-expected results and announced a $3 billion share buyback. It was trading at $97.50 on Tuesday, a few points below the year-to-date high of $102p.
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