Page 3 - Hsbc Holdings

HSBC misses third quarter profit estimates; drops profitability goal

The Europe's largest lender, reporting results for the first quarter since the ouster of former chief John Flint, said adjusted pretax profit fell 12 per cent to $5.3 billion

HSBC-backed tech startup Serai aims to become LinkedIn of global trade

Details of HSBC's investments in Serai were not disclosed

China, UK slowdown may throw more hurdles: HSBC after profit disappoints

CEO said HSBC would invest $15-$17 billion in three years in areas including technology and China, while keeping profitability and dividend targets little changed

HSBC Holdings hires from Goldman Sachs, JPMorgan to revamp Asia equities

HSBC has been rebuilding its global equities operation since appointing Hong Kong-based Hossein Zaimi to run the business early last year

HSBC profit surpasses estimates on improved core operations, capital boost

However, against expectations, firm rules out dividend hike and buybacks

HSBC breaks with tradition, names AIA boss Tucker as chairman

The bank's shares rose 1.2% in Hong Kong on Monday on news of the appointment

HSBC's 2016 pre-tax profit falls 62%; sets new $1 billion share buy-back

$1 billion share buy-back takes HSBC's announced buy-backs since second half of 2016 to $3.5 billion

HSBC shareholders back new pay plan as CEO takes cut

More than 90 per cent approved the executive pay report for 2015, after about 24 per cent of shareholders opposed it in last year's vote

HSBC CEO to step down in two years

HSBC is revamping the board after coming under pressure from shareholders unhappy about its performance