How will HSBC match up to bank rivals?
Other companies reporting on Tuesday include Antofagasta, Hargreaves Lansdown, InterContinental Hotels Group and Oxford Cannabinoid Technologies
Company
HSBC Holdings PLC
LON:HSBA
HSBC serves customers worldwide from more than 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC is one of the world's largest banking and financial services organisations.
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HSBC to phase out financing of thermal coal by 2030 in EU/OECD, by 2040 worldwide
The bank said it intends to reduce its exposure to thermal coal financing by at least 25% by 2025 and by 50% by 2030
Barclays, NatWest and HSBC fined €344mln over forex rigging cartel
The "Sterling Lads" cartel focused on forex spot trading in ten currencies
HSBC unveils buyback as profits soar
The UK’s profit contribution tripled to US$1.5bn in the three months
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FTSE 100 makes positive start to the week, but ends off new 18 month peak
At the close, the UK blue-chip index was 18.27 points, or 0.3% higher at 7,222.82, below the day’s peak of 7,247.53 but above the low of 7,204.55
HSBC is ‘exceptionally attractive’ value if interest rates rise (and cheap if they don't) says UBS
Rate cuts have cost the bank 20% of pre-tax profits since 2019
HSBC makes US$10bn interim profit as bad debts improve
“We now expect to move to within our target dividend payout ratio range of 40% to 55% of reported earnings per ordinary share in 2021."
HSBC unloads French retail banking arm for US$3bn loss
HSBC has been exiting its retail banking operations outside its core areas of Asia and the UK.
HSBC upgraded as JP Morgan sees interest rate tide turning
Low rates have affected both HSBC and Standard Chartered's net interest margins
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FTSE 100 trims gains again before the close; Wall Street enjoying strong end to the week
London's leading index advanced 3 points to 7,023 on Friday
HSBC’s US exit welcomed by analysts
In a note, analysts at Citi said the banking giant's decision to quit US retail banking could help turn its American wealth and personal banking business “from loss making to being profitable”
HSBC to field questions on US retail banking exit at Friday's AGM
Friday is a quiet day for scheduled corporate announcements and macroeconomic data; a good opportunity, perhaps, to make the long weekend even longer?
HSBC to exit US retail banking market amid strategy pivot
The banking giant said it will exit 90 of its 148 US bank branches, with the remaining branches to be wound down or converted into international wealth centres
Bitcoin too volatile for us, says HSBC boss
CEO Noel Quinn said the banking giant has no plans to launch a crypto trading desk or offer digital currency as an investment option to its clients
Have Q1 results changed the outlook for prospective HSBC investors? This leading bank thinks not
On Tuesday HSBC said a recovering UK economy helped profits rebound 79% to US$5.8bn in the first quarter of 2021
HSBC profits bounce back as economic outlook improves
The bank said the economic outlook had improved sufficiently to lower its bad debt forecast
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FTSE 100 declines despite modest rise by sterling against the dollar
It was a dull day in London, but New York appears headed in the right direction after a negative open
Bitcoin price takes a hit as Turkey plans ban on crypto payments
The country's central bank has unveiled plans to ban the use of crypto to purchase goods and services from April 30, citing concerns over lack of regulation and a volatile market
HSBC price target raised but Barclays remains lukewarm towards the shares
Ahead of HSBC's first-quarter results at the end of the month, Barclays was equivocal about the appeal of the shares.
Lloyds Banking shares favoured again, this time by Barclays
“We remain positive on UK banks with the runway clearing and look for an activity-driven rebound"