HSBC Reports 32% Jump in Quarterly Profit and Announces Another $1 Billion Share Buyback
HSBC, Europe’s largest bank, has reported a sharp rise in third-quarter earnings, helped by higher interest rates, a lighter bad-loan bill and the absence of...
Tag : bank earnings
HDFC Bank Profit Beats Estimates but Shares Slip as Axis Bank Falls Despite Jump in Earnings
India’s bank earnings season delivered a mixed message on Monday. HDFC Bank’s results beat expectations but failed to lift its shares. Axis Bank fell sharply...
Wall Street Banks Open Earnings Season With a Split Verdict as Goldman and Citi Beat, JPMorgan Misses
Earnings season opened on Wall Street with a mixed verdict. Four of America’s biggest banks reported third-quarter numbers on Tuesday. Two clearly beat forecasts, one...
Wall Street Edges Lower as Chip Rout Deepens and Bond Yields Stay Above 5%
Wall Street ended a choppy session slightly lower on Tuesday as a semiconductor selloff ground on, bond yields stayed elevated and a run of mixed...
Wall Street’s Biggest Banks Open Earnings Season as Rising Rates and Weaker Dealmaking Test Profits
Wall Street’s biggest banks begin reporting third-quarter results today, giving investors their first broad look at how lenders have fared through a period of rising...