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HSBC has launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit, and warned of a possible hit to loan demand and credit quality in the face of US President Donald Trump ...
HSBC has warned over a potential hit to revenues and rising bad debts in the event of significantly higher tariffs worldwide as it posted lower quarterly profits and forecast lending will remain ...
It does not necessarily reflect the view of The Herald. HSBC has warned over a potential hit to revenues and rising bad debts in the event of significantly higher tariffs worldwide as it posted lower ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
“We’ve seen a significant drop in volumes along the U.S.-China corridor in the sectors that have not been given a waiver or a reduction in tariffs,” Georges Elhedery said Tuesday, as HSBC ...
HSBC’s first-quarter results were clouded by the tariff backlash. HSBC shares rose in early trading after the lender increased provisions for loan losses in its first-quarter report. The FTSE ...
The warning from HSBC, one of the world's largest trade-financing banks, is the clearest signal yet that new U.S. tariffs could strain credit markets globally, even as headline profits remain strong.
EU officials have projected that would in theory cost European businesses €100 billion in import taxes. Though in practice ...
Investing.com -- HSBC said investors should focus on high-quality U.S. industrial stocks with limited exposure to tariffs and economic swings as it upgraded Trane Technologies (NYSE:TT) and Waste ...