Page 46 - Ping An News Today

The banking giant resumed dividend payouts and announced up to two billion US dollars (£1.6 billion) in share buy-backs.

Jump partially driven by purchase of Silicon Valley Bank’s UK business

HSBC Holdings' profit tripled in the first quarter, beating expectations, as rising interest rates boosted its income and helped the lender pay its first quarterly dividend since 2019.

HSBC Holdings' profit tripled in the first quarter, beating expectations, as rising interest rates boosted its income.

1020 GMT - HSBC management's upbeat commentary on capital returns and outlook raise the prospect of additional buybacks, Citi analyst Andrew Coombs says in a note after the bank's first-quarter earnings call with investors and analysts. Between $4 bill... | 07:10am

Global banking giant HSBC reported Tuesday a surge in quarterly net profit, boosted by rising interest rates and its rescue of the UK arm of failed US lender Silicon Valley Bank. - 'Positively exposed' to rates - HSBC said it was "positively exposed to rising interest rates" and forecast $34 billion in net interest income this year.

HSBC Holdings PLC (LSE:HSBA)’s acquisition of the UK arm of Silicon Valley Bank was a lucrative one if today’s first-quarter earnings call is anything to go...

A call for HSBC Holdings PLC (LSE:HSBA) to spin off its Asian business will not be supported by Norway’s sovereign wealth fund, which is the fourth-largest...

Banking giant HSBC says its profits got a $1.5bn (£1.2bn) boost from the purchase of collapsed Silicon Valley Bank's British business (SVB UK).

HSBC profit rockets on rising interest rates