HSBC launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit on Tuesday, and warned of a ...

The London-based bank announced a share buyback of up to $3 billion as it reported a drop in first-quarter net profit.

HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a ...

HSBC Holdings Plc said it expects to record a pretax loss of as much as $1.6 billion as China’s Finance Ministry ...

HSBC Holdings Plc announced a fresh buyback for shareholders despite an increasingly fragile geopolitical backdrop that has ...

HSBC reported a 25% fall in first-quarter profit on Tuesday, beating market expectations, due to one time charges related to ...

HSBC sets aside $876m for bad loans as Trump’s tariffs disrupt global trade, with the Asia-focused bank warning of further ...

The bank reported US$900 million in expected credit losses for the quarter to reflect heightened economic uncertainty. Read ...

Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, ...

HSBC launched a US$3 billion share buyback after reporting a 25 percent fall in first-quarter profit on Tuesday and warned of ...

HONG KONG (Reuters) -- HSBC launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit on Tuesday, and warned of a possible hit to loan demand and credit quality in the ...