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 : net interest income
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’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...