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Transcripts for BBCNEWS BBC News 20240604 05:40:00

Janet mui, investment director of brewin dolphin, says it s good news for shareholders. this is a pretty good set of results. as you mentioned, the profits before tax almost doubled and that s actually about1 billion more than investors have been expecting. investor expectation going into. the results are actually quite high given that its competitors, such as barclays, also posted very strong results. this is great news for shareholders and in particular markets have been looking for the dividend payout and after the bank of england had relaxed dividend payout restrictions, hsbc finally could resume paying an interim dividend, which is great news for shareholders and they sent dividend guidance to 40 to 55% of deposit earnings, which is great, and also they set the credit lending expectation to mid single digits, so i think these are a great set of results and also great guidance going forward. ....

Janet Mui , Brewin Dolphin , Dividend Payout , Dividend Guidance , Banking Giant Hsbc , Bank Of England , Credit Lending Expectation , Deposit Earnings ,