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HSBA Share Price - HSBC: Provisions Cloud Headline Numbers but Core Strength Shines Through
Net Interest Margin improved from 1.46% to 1.57% and the capital cushion, or CET1 ratio, remained stable at 14.5%. Compared to the previous quarter, there were also notable rises in lending balances, ...
European stocks mixed ahead of Fed meeting; HSBC takes major legal hit
HSBC Holdings (LON: HSBA) reported a 14% decline in third-quarter pretax profit, hurt by a $1.1 billion legal provision, but the bank also upgraded its income forecast for the year, reflecting the ...
UK Stock Market News: HSBC, BAE Systems, Airtel Africa
Outlook upbeat at HSBC, BAE to supply £4.6bn worth of fighter jets to Turkey, Airtel Africa sees revenues, margins and customer numbers surge ...
HSBC Q3 profit declines 14% on legal provisions; core earnings rise
Investing.com-- HSBC Holdings PLC (LON:HSBA) on Tuesday reported a 14% decline in third-quarter profit as higher costs and hefty legal provisions offset solid revenue and lending income growth, though ...
UK Stock Market News: HSBC, Grainger, Greencore
HSBC to book $1.1bn provision in Q3, Grainger finds upside in UK rent reform, Greencore’s Bakkavor bid largely passes CMA’s first inspection ...