|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.30 - 9.38|
|52 Week Range||7.80 - 11.11|
|PE Ratio (TTM)||19.38|
|Forward Dividend & Yield||0.51 (5.42%)|
|1y Target Est||N/A|
HSBC Holdings' pre-tax profit for 2017 more than doubled due to the absence of hefty restructuring costs incurred in the prior year but still lagged expectations as the bank took a writedown following U.S. tax changes. As Kate King reports, it was the last results report for CEO Stuart Gulliver, who steps down on Tuesday.
HSBC posted pre-tax profits of $17.2bn on Tuesday (February 20), a 142 percent jump helped by an absence of the restructuring costs that marred it results a year earlier - but still lower than expectations, partly due to a U.S. tax overhaul. David Doyle reports
Fitness instructor Ed Lumsden was trying to log in to his online bank account last week when he discovered HSBC (LSE:HSBA.L - News) had closed it without warning. Lumsden, who counts British television presenter Davina McCall among the clients of his gym, TWPT, in the affluent spa town of Tunbridge Wells in Southern England, was unable to receive payments or pay his bills. Many of those affected run small businesses like Lumsden, who has 6 members of staff.
HSBC Chairman Mark Tucker, in an exclusive interview with CNBC, talks about the bank's prospects in an ever-changing global environment.
HSBC’s full-year profit missed analysts’ expectations after the bank was hit by the high-profile collapses of two borrowers in the U.K. and South Africa.
European stocks closed higher Tuesday, aided by a pullback in the euro on news of a potentially favorable development for the U.K. in its Brexit negotiations with the European Union.
European equities posted solid gains by the close Tuesday as investors shook off volatility concerns and focused on better-than-expected corporate results.
U.K. blue-chip stocks edged lower Tuesday, as investors dashed out of shares of London-listed heavyweights HSBC and BHP Billiton after financial updates from the bank and the miner, making for a tentative ...
HSBC's Q4 earnings are expected to show modest investment banking strength while it is likely to be adversely impacted by the trading slump.
Regulators have targeted high-speed trading as an area where manipulative trading occurs, and have named three banks and six individuals in the latest case.
Investing.com - European markets opened higher on Wednesday, as investors awaited the release of euro zone inflation data due later in the day, amid fresh corporate earnings reports.
A new sweep of three big banks and six traders for allegedly manipulating metals futures relied heavily on electronic chatter to build a case.
Investing.com - European markets opened lower on Tuesday, weighed by downbeat sentiment in the U.S. and Asia overnight and as investors remained cautious before a fresh batch of corporate earnings reports.
The bank names Daniel Pinto and Gordon Smith, heads of its investment and consumer banks, respectively, to be co-presidents.
The Commodity Futures Trading Commission, Justice Department and Federal Bureau of Investigation announced criminal and civil enforcement actions against divisions of Deutsche Bank , HSBC Holdings and ...
Investing.com - European markets were little changed on Monday, as investors remained cautious ahead of the release of fresh earnings reports due throughout the session.
DUBAI/LONDON (Reuters/IFR) - A boycott of Qatar by its neighbors has prompted HSBC (LSE:HSBA.L - News) to turn down a leading role on Doha's new dollar bond as the bank treads a political tightrope in the Gulf, four banking sources familiar with the decision told Reuters. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt in June cut diplomatic and transport ties with Qatar, which they accuse of backing terrorism. The move initially hit Qatar's growth but by the end of 2017 its economy had largely recovered.
HSBC Holdings has agreed to pay $101.5 million to resolve federal fraud charges stemming from the bank’s misuse of confidential client information for its own profit, a practice commonly known as front-running....