News

NET PROFIT: HSBC is expected to report a 43% drop in net profit to $5.81 billion for the three months ended March from a high base a year earlier, according to a poll of analysts by Visible Alpha.
HSBC shares rose premarket despite a 13% revenue drop Y/Y due to divestments; constant currency revenue excluding items grew 7%. The bank announced a new $3 billion share buyback after completing ...
Profit before tax declined 25% on a year-on-year basis, while revenue fell 15% from last year. Pre-tax profit, however, ...
Deutsche Bank reported a 39 per cent rise in first-quarter pre-tax profit to €2.8bn on Tuesday, exceeding analyst ...