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TOP NEWS: HSBC launches USD2 billion buyback on record annual profit

TOP NEWS: HSBC launches USD2 billion buyback on record annual profit
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HSBC Reports Record Profit Of $30 3 Bn In 2023

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.

HSBC reports record profit of $30 3 bn in 2023

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.The bank also said Wednesday that it would initiate a share buyback of up to $2 billion, following the announcement last year of three share buybacks totalling $7 billion.

HSBC reports record profit of $30 3 bn in 2023

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.

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