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HSBC Holdings reported a surprise 74% rise in third quarter profit as concerns about pandemic-related bad loan receded, allowing it to announce a share buyback of $2 billion. ....
HSBC’s Asia bankers do better than peers as bonus pool cut 20% Premium (FILES) This file photo taken on September 21, 2020 shows pedestrians walking past the logo for HSBC in Hong Kong. - HSBC was expected on February 23, 2021 to announce their 2020 annual results later in the day. (Photo by ISAAC LAWRENCE / AFP) (AFP) The bank saw a 20.4% drop in discretionary awards to about $2.66 billion for 2020 Most European financial institutions have been seeking to keep a lid on discretionary payouts this year Share Via Read Full Story HSBC Holdings Plc’s bankers in Asia were paid bigger bonuses than colleagues in other locations as Europe’s largest lender seeks a stronger foothold in the region. ....