HSBC Holdings Non-GAAP EPS of $0.34, revenue of $20.8B; Group CEO Noel Quinn to retire
https://seekingalpha.com/news/4095943-hsbc-holdings-non-gaap-eps-of-034-revenue-of-208b-reaffirms-fy24-outlook?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
Apr 29, 2024 - HSBC Holdings press release (HSBC): Q1 Non-GAAP EPS of $0.34; GAAP EPS of $0.54.
Revenue of $20.8B (+3.0% Y/Y).
Net interest income of $8.7B fell by $0.3B.
0
BNY Mellon (BK) Plans to Divest Canada Unit to Computershare
https://www.zacks.com/stock/news/2264261/bny-mellon-bk-plans-to-divest-canada-unit-to-computershare?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2264261
Apr 29, 2024 - BNY Mellon (BK) signs a deal to divest its Canada business while at the same time focusing on global expansion efforts. The financial terms of the deal remain undisclosed.
0
HSBC beats expectations in first-quarter earnings; CEO Noel Quinn to retire
https://www.cnbc.com/2024/04/30/hsbc-q1-2024-earnings-beats-expectations-group-ceo-noel-quinn-to-retire.html
Apr 30, 2024 - The company also announced the surprise retirement of Group Chief Executive Officer Noel Quinn.
0
Why HSBC Stock Topped the Market Today
https://www.fool.com/investing/2024/04/30/why-hsbc-stock-topped-the-market-today/?source=iedfolrf0000001
Apr 30, 2024 - The company did quite well with its initial earnings report of the year.
0
Citigroup (C) to Cut 10% Jobs in Its Wealth Segment in London
https://www.zacks.com/stock/news/2224144/citigroup-c-to-cut-10-jobs-in-its-wealth-segment-in-london?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2224144
Feb 09, 2024 - Citigroup (C) is planning to reduce 10% of its Wealth segment workforce in London, which will likely lower its expense base.
0
HSBC starts GE HealthCare at buy, cites AI efforts
https://seekingalpha.com/news/4067807-hsbc-starts-ge-healthcare-at-buy-cites-ai-efforts?source=feed_sector_healthcare
Feb 15, 2024 - HSBC initiates coverage of GE HealthCare (GEHC), highlighting potential upside from AI and innovation efforts.
0
Wells Frago's (WFC) 2016 Consent Order Terminated by OCC
https://www.zacks.com/stock/news/2227495/wells-frago-s-wfc-2016-consent-order-terminated-by-occ?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2227495
Feb 16, 2024 - Wells Frago (WFC) comes out of a legal hassle with the termination of the consent order imposed in 2016 relating to the fake account scandal. The order was uplifted by OCC.
0
HSBC Holdings pre-tax profit jumps about 78% to $30.3B; $2B stock buyback planned
https://seekingalpha.com/news/4069360-hsbc-holdings-reports-fy-earnings-reaffirms-fy24-outlook-and-2b-stock-buyback-planned?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news
Feb 20, 2024 - HSBC Holdings (HSBC) reported FY profit before tax that rose by $13.3B to $30.3B, primarily reflecting revenue growth, reaffirms FY24 financial targets, announces a further share buy-back of
0
HSBC Gets Russia Unit Sale Approval, Paves Way for Full Exit
https://www.zacks.com/stock/news/2228687/hsbc-gets-russia-unit-sale-approval-paves-way-for-full-exit?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2228687
Feb 20, 2024 - HSBC receives approval to sell its Russia unit to Expobank.
0
HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%
https://www.cnbc.com/2024/02/21/hsbc-pre-tax-annual-profit-jumps-78percent-misses-market-estimates.html
Feb 21, 2024 - The London-based lender suffered a "valuation adjustment" of $3 billion on its stake in Bank of Communications.
0
<Page 2