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FTSE 100 Live: UK Stocks Set to Fall as HSBC Profit Falls Short

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FTSE 100 Live: UK Stocks Set to Fall as HSBC Profit Falls Short

·New York, United States
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The upsurge in the UK bank's net income in the third quarter is not enough to convince investors disappointed by the performance in wealth management.

(Teleborsa) - HBSC has archived item the third trimester 2026 with results inferior to the attended ones, leaving however unchanged the forecasts. In detail, the revenues are increased of 0,8 billion dollars,...

British bank HSBC delivered a lower-than-expected profit in the third quarter, causing the stock to fall heavily.

London-based major bank HSBC's shares plunged nearly 7 percent on the Hong Kong stock exchange after an unexpectedly weak third-quarter report. It was the biggest drop in a year for the stock. Higher interest rates, a net inflow into wealth management and lower-than-expected loan losses lifted pre-tax profit by 32 percent to $9.6 billion. But the average forecast among analysts was higher, at $9.7 billion, according to Bloomberg. HSBC confirms i…

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BizToc broke the news on Tuesday, October 27, 2026.
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