皇冠管理端登3手机www.99cx.vip)实时更新发布最新最快最有效的皇冠管理端登3手机网址,包括新2登3手机网址,新2登3备用网址,皇冠登3最新网址,新2足球登3网址,新2网址大全。

SINGAPORE: HSBC reported a 15% dip in first-half profit as credit loss provisions rose, but the fall was not as bad as feared and Europe's biggest bank lifted its returns guidance in the belief that rising interest rates will boost revenue.

In a sign of growing confidence in its ability to improve profitability despite the global economic uncertainty, HSBC raised its near-term return on tangible equity goal to at least 12% from 2023 onwards.

The London-headquartered lender reported on Monday a pretax profit of $9.2 billion for the six months ending June 30, down from $10.84 billion a year ago but beating the $8.15 billion average estimate of analysts compiled by the bank.

The bank said it would pay an interim dividend of 9 cents per share and that it intends to revert to paying quarterly dividends from the start of 2023. It also said share buybacks remain unlikely this year.

"We understand and appreciate the importance of dividends to all of our shareholders. We will aim to restore the dividend to pre-COVID-19 levels as soon as possible," Chief Executive Noel Quinn, who has been running HSBC for more than two years, said.

Hong Kong-listed shares of HSBC reversed early losses and rose more than 2.5% in afternoon trade on Monday.

HSBC said Asia's share of profit went up to 69% in the first half from 64% a year ago.

,

足球投注平台www.hg9988.vip)是皇冠体育官方投注平台,开放皇冠信用网代理申请、信用网会员开户,线上投注的官方平台。

,

The bank has come under pressure from its largest shareholder, Ping An Insurance Group Co of China Ltd , to explore strategic options such as spinning off its mainstay Asian business to unlock greater shareholder value.

Since then, the proposal has won support from some retail investors in Hong Kong who were disgruntled with dual-listed HSBC's decision to cancel its dividend payment in 2020.

A Hong Kong politician has urged HSBC to spin off its Asia business and appoint representatives of Ping An to its board, as the global lender prepares to meet with Hong Kong shareholders on Tuesday.

The bank said it is accelerating the restructuring of its U.S. and European businesses, and will rely on its global network to continue to drive profits, in an implied rebuttal to Ping An.

Reuters reported last month the bank would push back on Ping An's proposals.

"Our strength as a well connected, global institution is the main reason our wholesale clients choose to bank with us and we are determined to capitalise on the advantages our network gives us," Quinn said in the earnings release.

HSBC reported a $1.1 billion charge for expected credit losses, as heightened economic uncertainty and rising inflation put more of its borrowers into difficulties. - Reuters


转载说明:本文转载自Sunbet。 usdt收款平台声明:该文看法仅代表作者自己,与本平台无关。转载请注明:HSBC raises key profitability goal after earnings beat, shares climb
发布评论

分享到:

Allbet注册(www.aLLbet8.vip):Bursa issues UMA query to Teladan Setia
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。