Page 2 - Hsbc Holdings
Covid-19 impact: HSBC H1 PBT plunges 65% to $4.32 bn on loan provisions
The profit was lower than the $5.67 billion average of analysts' estimates compiled by the bank
 "Covid-19 impact: HSBC H1 PBT plunges 65% to $4.32 bn on loan provisions")
HSBC first quarter profit falls 48% as coronavirus pandemic hits borrowers
Europe's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago
HSBC to leapfrog Barclays as Aramco's debut to reshuffle equity rankings
Aramco alone will be enough to move HSBC up two spots to 10th place on the main league table tracking stock offerings in EMEA
 "HSBC to leapfrog Barclays as Aramco's debut to reshuffle equity rankings")
HSBC misses third quarter profit estimates; drops profitability goal
The Europe's largest lender, reporting results for the first quarter since the ouster of former chief John Flint, said adjusted pretax profit fell 12 per cent to $5.3 billion
HSBC-backed tech startup Serai aims to become LinkedIn of global trade
Details of HSBC's investments in Serai were not disclosed
 "HSBC-backed tech startup Serai aims to become LinkedIn of global trade")
China, UK slowdown may throw more hurdles: HSBC after profit disappoints
CEO said HSBC would invest $15-$17 billion in three years in areas including technology and China, while keeping profitability and dividend targets little changed
HSBC Holdings hires from Goldman Sachs, JPMorgan to revamp Asia equities
HSBC has been rebuilding its global equities operation since appointing Hong Kong-based Hossein Zaimi to run the business early last year
 "HSBC Holdings hires from Goldman Sachs, JPMorgan to revamp Asia equities")
HSBC profit surpasses estimates on improved core operations, capital boost
However, against expectations, firm rules out dividend hike and buybacks
HSBC breaks with tradition, names AIA boss Tucker as chairman
The bank's shares rose 1.2% in Hong Kong on Monday on news of the appointment
 "HSBC breaks with tradition, names AIA boss Tucker as chairman")
HSBC's 2016 pre-tax profit falls 62%; sets new $1 billion share buy-back
$1 billion share buy-back takes HSBC's announced buy-backs since second half of 2016 to $3.5 billion
 "HSBC's 2016 pre-tax profit falls 62%; sets new $1 billion share buy-back")
HSBC shareholders back new pay plan as CEO takes cut
More than 90 per cent approved the executive pay report for 2015, after about 24 per cent of shareholders opposed it in last year's vote
 "HSBC shareholders back new pay plan as CEO takes cut")
HSBC CEO to step down in two years
HSBC is revamping the board after coming under pressure from shareholders unhappy about its performance
