Finance
2 min read
HSBC Surpasses Earnings Predictions, Upping Cost-Savings and Resuming $1B Share Buyback Program
HSBC has reported a robust 23 percent hike in its first-half profit, surpassing market predictions. The banking major has also upgraded its cost-saving goal and announced the launch of a new share buyback programme worth 1 billion dollars. The bank’s pre-tax…