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HSBC profit jumps as bank unveils major share buyback plan
British banking giant HSBC said on Tuesday it would buy back up to $1 billion (€0.86bn) of shares after reporting a sharp rise in first-half profit.
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scmp.com
Developing | HSBC sets aside US$1 billion for first share buy-back since October
The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.
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Breaking | HSBC sets aside US$1 billion for first share buy-back since October
The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.
