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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 ...
HSBC has launched a $3 billion share buyback ... as risks of a sharp global economic slowdown from Trump's broad tariffs start to hurt corporate customers. "The macroeconomic environment is ...
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 ...
HSBC has created a loan ... head of global trade solutions, said in a statement. Since Trump announced his so-called "Liberation Day" tariffs in April, US businesses have been scrambling to ...
The London-headquartered bank said on Wednesday its TradePay platform was being extended to directly cover the cost of tariff payments ... head of global trade solutions at HSBC. Log in to keep ...
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.
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 ...
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 ...
Investing.com -- HSBC has downgraded United Parcel Service (NYSE:UPS) to Hold from Buy and slashed its price target to $105 from $140 per share. In a note to clients on Thursday, the bank warned that ...
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