let s get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europe s largest bank that s headquartered in london said pre tax earnings ringed in at $5.2 billion for the fourth quarter that s better than expected and up from $2.7 billion the year before. but it s biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. that s one of the challenges facing hsbc. let s discuss this with will walker arnott, senior investment manager, charles stanley good morning. talk about numbers. shareholders will benefit. hsbc did well in the last quarter- benefit. hsbc did well in the last quarter. yes, benefit. hsbc did well in the last quarter. yes, strong - last quarter. yes, strong results which would have pleased the market and beat expectations, as outlined. gather up 30% over last year, and the results explain why. what strip on the results, first
reviewed the operations and they will resist the claims from ping an insurance to hive off the business. they look resilient in the strategic priority. resilient in the strategic priority- resilient in the strategic riori . , ., ., priority. anything out today from hsbc priority. anything out today from hsbc about priority. anything out today from hsbc about what s - from hsbc about what s investing in, it invested a bit and fossil feels, investing in, it invested a bit and fossilfeels, many investing in, it invested a bit and fossil feels, many banks are moving away to take a more greener strategy. are moving away to take a more greenerstrategy. hsbc are moving away to take a more greener strategy. hsbc is not and it s profited from that, hasn t it? and it s profited from that, hasn t it? , , ., hasn t it? remember last year the not hasn t it? remember last year they got the hasn t it? remember last year they got the rest hasn t it? remember last year they got the rest slap
Thermal Coal Market
The latest published document on Global Thermal Coal market provides insights about evolution of the competitive environment, the lifecycle stage and opportunities. The survey with Thermal Coal investors & stakeholders in this sector, from APAC, EMEA and the Americas, reveals information such as large-scale projects with regulatory environments by country, Subsidies, tax incentives and direct investment. Along with this activity comes a stream of Thermal Coal M&A activity and growth, as producers strive to stay ahead of the curve. Some of the established and new companies profiled in the study are Eastern Coalfields Limited, Central Coalfields Limited, Coal India Limited, Bharat Coking Coal Limited, Glencore, Western Coalfields Limited, South Eastern Coalfields Limited, Mahanadi Coalfields Limited, Northern Coalfields Limited, Peabody Energy Corp & Indika Energy etc.