The bank is looking at ways to reshape its non-ring-fenced bank in the United Kingdom and its U.S. business, HSBC Group CFO Ewen Stevenson said.
HSBC, Europe's largest bank, plans to restructure its loss-making businesses after the lender reported an 18% on-year drop in pre-tax profit for the third quarter, group CFO Ewen Stevenson said.
The bank is looking at ways to reshape its non-ring-fenced bank in the United Kingdom and its U.S. business, which, together account for just under a third of HSBC's capital, he told CNBC's "Capital Connection" on Monday.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China should ease regulations for foreign financial institutions: HSBC executiveChina should ease regulations so that foreign financial institutions can obtain ...
Weiterlesen »
Europe's largest lender HSBC says pre-tax profits dropped 18% year over yearOn an adjusted basis, HSBC said its pre-tax profit fell 12% to $5.3 billion. Analysts predicted HSBC's pre-tax profit to drop 11% to $5.3 billion for the quarter, Reuters reported.
Weiterlesen »
HSBC Misses Third-Quarter Profit ExpectationsWhile its Asian business 'held up well in a challenging environment,' performance in Europe was 'not acceptable,' Chief Executive Noel Quinn said
Weiterlesen »
HSBC flags challenging revenue outlook after missing third-quarter profit forecastsHSBC Holdings PLC on Monday flagged a softer revenue growth outlook and dropped ...
Weiterlesen »
Europe's largest lender HSBC says pre-tax profits dropped 18% year over yearOn an adjusted basis, HSBC said its pre-tax profit fell 12% to $5.3 billion. Analysts predicted HSBC's pre-tax profit to drop 11% to $5.3 billion for the quarter, Reuters reported.
Weiterlesen »
HSBC flags challenging revenue outlook after missing third-quarter profit forecastsHSBC Holdings PLC on Monday flagged a softer revenue growth outlook and dropped ...
Weiterlesen »