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HSBC raised its near-term return on tangible equity goal to at least mid-teens for 2023 and 2024, from a previous target of at least 12% from 2023 onwards. ....
HONG KONG, Oct 25 HSBC is emerging from its coronavirus and restructuring troubles to become more reliably profitable, boss Noel Quinn said today as he announced the start of a US$2 billion share buyback. The Asia-reliant lender had a tumultuous 2020 as its fortunes took a hammering from both. ....