China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
HSBC’s Profit Sinks on $3 Billion Impairment on Chinese Bank

HSBC’s Profit Sinks on $3 Billion Impairment on Chinese Bank

Feb 21, 2024
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China Daily Reads
China Daily Reads
HSBC’s Profit Sinks on $3 Billion Impairment on Chinese Bank
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  • CEO Quinn says environment remains challenging, uncertain

  • HSBC also announces $2 billion buyback in earnings statement

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