HSBC announces share buyback of up to $3 billion as first-quarter results top expectations

HSBC sounds Trump tariff alarm, taking shine off first-quarter profit beat, share buyback

Europe’s largest bank unveiled a new US$3-billion share buyback as it reported first quarter profit before tax of US$9.5-billion compared with US$12.7-billion a year earlier

HSBC plans multibillion share buyback as profits drop in first quarter

HSBC has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that economic uncertainties are weighing on business growth, expecting a low single-digit percentage direct impact on group revenue.View on euronews

HSBC launches $3 billion buyback after Q1 profit drop

HSBC has launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit, and warned of a possible hit to loan demand and credit quality in the face of US President Donald Trump's global trade war.

HSBC Q1 profit drops 25%; launches US$3 billion buyback

The bank reported US$900 million in expected credit losses for the quarter to reflect heightened economic uncertainty. Read more at straitstimes.com.

HSBC announces fall in quarterly pre-tax profit amid ‘economic uncertainty’

Group chief executive Georges Elhedery credited the firm’s ability to weather the recent global economic turbulence.

HSBC Q1 profit drops 25%; launches $3 billion buyback

HSBC launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit on Tuesday and warned of heightened business uncertainty in the face of U.S. President Donald Trump's sweeping global tariffs.