Page 2 - குவென்டின் வலை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from குவென்டின் வலை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In குவென்டின் வலை Today - Breaking & Trending Today

HSBC's Profit Jumps as Global Economy Recovers


Provided by
Dow Jones
By Simon Clark and Quentin Webb
Global banking giant HSBC Holdings PLC said net profit more than doubled in the first quarter, as the world economy began to recover from the coronavirus pandemic.
The London-based lender, which makes most of its profit in Hong Kong and mainland China, earned $3.88 billion in the first three months of the year, up from $1.79 billion in the same period last year.
HSBC reduced provisions for bad loans by $435 million in the quarter, which it said was mostly due to an improved economic outlook. It had taken more than $3 billion of new provisions in the same period last year. ....

United States , United Kingdom , Hong Kong , City Of , Noel Quinn , Simon Clark , Quentin Webb , Dow Jones Company Inc , Executive Noel Quinn , Dow Jones , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ஹாங் காங் , நகரம் ஆஃப் , நோயல் க்வின் , சிமோன் கிளார்க் , குவென்டின் வலை , டோ ஜோன்ஸ் நிறுவனம் இன்க் , நிர்வாகி நோயல் க்வின் , டோ ஜோன்ஸ் ,

HSBC's Profit Jumps as Global Economy Recovers — 2nd Update


Provided by
Dow Jones
By Simon Clark and Quentin Webb
Global banking giant HSBC Holdings PLC said quarterly net profit more than doubled, as a nascent economic recovery allowed it to free up funds previously set aside to offset potential pandemic-related losses.
The London-based lender, which makes most of its profit in Hong Kong and mainland China, earned a forecast-beating $3.88 billion in the first three months of the year, up from $1.79 billion in the same period last year.
The economic outlook has improved, giving us increasing confidence in our revenue growth plans, the bank said Tuesday. The lender s global banking and markets business had a good quarter, HSBC said, while growth was solid in areas like wealth management and trade finance in Asia, and in U.K. and Hong Kong mortgages. ....

United States , United Kingdom , Hong Kong , City Of , Noel Quinn , Simon Clark , Quentin Webb , Dow Jones Company Inc , Executive Noel Quinn , Dow Jones , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ஹாங் காங் , நகரம் ஆஃப் , நோயல் க்வின் , சிமோன் கிளார்க் , குவென்டின் வலை , டோ ஜோன்ஸ் நிறுவனம் இன்க் , நிர்வாகி நோயல் க்வின் , டோ ஜோன்ஸ் ,

HSBC Sharpens Focus on Asia — 2nd Update


Provided by
Dow Jones
By Simon Clark and Quentin Webb
HSBC Holdings PLC, one of the world s largest banks, said it would pour about $6 billion of extra investment into Asia in the next five years, and could sell its unprofitable U.S. retail operations, as it doubles down on its core business.
The London-based lender, which makes most of its profit in Hong Kong and mainland China, is already one year into a major overhaul. But it said it had tweaked its strategy as the pandemic had driven a surge in digital banking, sustainability had grown in importance, and as interest rates were likely to be lower for longer. ....

Hong Kong , United Kingdom , City Of , Noel Quinn , Simon Clark , Quentin Webb , Household International Inc , Dow Jones Company Inc , Capital One Financial Corp , Justice Department , Executive Noel Quinn , Commercial De France , Capital One Financial , Dow Jones , ஹாங் காங் , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , நோயல் க்வின் , சிமோன் கிளார்க் , குவென்டின் வலை , வீட்டு சர்வதேச இன்க் , டோ ஜோன்ஸ் நிறுவனம் இன்க் , மூலதனம் ஒன்று நிதி கார்ப் , நீதி துறை , நிர்வாகி நோயல் க்வின் , வணிகரீதியானது டி பிரான்ஸ் ,