On “Money talks”: a look behind HSBC’s disappointing third-quarter results; what challenges must Saudi Aramco overcome in order to push ahead with its IPO? And Julian Richer of richersounds on the secrets of his success
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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.
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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
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HSBC flags challenging revenue outlook after missing third-quarter profit forecastsHSBC Holdings PLC on Monday flagged a softer revenue growth outlook and dropped ...
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HSBC CFO says to expect 'material action' against struggling business unitsThe 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.
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HSBC to 'remodel' after profits plunge 18%HSBC cited 'challenging market conditions' and 'ongoing economic uncertainty' for a slump in its European and American business units.
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HSBC pulls European shares lower; luxury stocks in focusEuropean shares retreated on Monday as a glum profit outlook from the region&03...
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