HSBC Holdings Plc (NYSE:HSBC) lifted its profitability outlook for 2025, signaling confidence in its turnaround even as litigation tied to the Bernard Madoff fraud dragged down earnings. Third-quarter ...
BOC Hong Kong Reports Mixed Q3 2025 Results
Limited ( ($BHKLY) ) has released its Q3 earnings. Here is a breakdown of the information Boc Hong Kong (Holdings) ...
China’s Pony.ai, WeRide file for Hong Kong IPOs in milestone for driverless tech sector
The filings come after both firms secured regulatory approval from the China Securities Regulatory Commission earlier this month.
BOC Hong Kong Declares Third Interim Dividend for 2025
BOC Hong Kong (Holdings) ( ($HK:2388) ) has shared an update. BOC Hong Kong (Holdings) Limited announced a third interim cash dividend of HKD 0.29 ...
BOC Hong Kong Reports Growth Amid Global Economic Uncertainty
BOC Hong Kong (Holdings) ( ($HK:2388) ) has shared an announcement. BOC Hong Kong (Holdings) Limited reported a 6.3% increase in net operating ...
HSBC profit falls in third quarter, hit by legal woes
HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed down by legal provisions related to ...
Analysts Offer Insights on Financial Companies: BOC Hong Kong (Holdings) (OtherBNKHF) and Northern (NTRS)
Detailed price information for Northern Trust Corp (NTRS-Q) from The Globe and Mail including charting and trades.
HSBC lifts income outlook, though Madoff lawsuit charges mar profit
HSBC Holdings boosted its income outlook and vowed to shift into growth mode with its takeover of Hang Seng Bank in Hong Kong, despite a hefty drop in third-quarter profit due to $1.4 billion in legal ...
Hong Kong’s National Games torch relay to showcase financial, cultural qualities
Sports official asked whether technology will form part of city’s relay event, but says too many elements could ‘dilute our own uniqueness’.
Hong Kong’s e-HKD better suited to wholesale use than retail, HKMA says
After latest trials, de facto central bank decides to focus development of the digital currency on applications for financial institutions.
HSBC Profit Drops on Billion-Dollar Hit From Madoff Suit
Europe’s biggest bank by assets also said it expects to meet an annual target for return on equity and upgraded its 2025 guidance for net interest income.
HSBC expects $1.1bn hit from legal fight over Madoff’s Ponzi scheme
HSBC will set aside $1.1bn for a lawsuit brought by investors who lost money in Bernard Madoff’s multibillion-dollar Ponzi scheme after a Luxembourg court denied the bank’s appeal. The UK lender said on Monday it would recognise the provision in its third-quarter results and expected a 0.
HSBC third-quarter profit slides 14% on legal charges but lifts income outlook
HSBC Holdings reported a 14% decline in third-quarter pretax profit on Tuesday, hurt by a $1.1 billion charge after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff's Ponzi ...
HSBC Quarterly Profit Falls on $1.1 Billion Hit From Madoff Lawsuit
The London-based bank said that net profit fell 21% from a year earlier to $4.87 billion for the three months ended September.