HSBC Holdings PLC

How a Schroders fund manager doubled returns on a ‘rubbish’ stock in 3 months
No stock is off the table for Simon Adler, a value investor at Schroders. “We are happy to buy the worst business you have ever conceived, provided it is cheap enough,” Adler told the Value Investor conference of fund managers in London on Wednesday. Adler co-manages the Global Recovery, Global Income and Global Sustainable Value […]
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Standard Chartered beats first-quarter profit expectations on strong growth in wealth management
Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Standard Chartered on Friday beat first-quarter profit expectations on the back of strong growth in its wealth management, global markets, and global banking businesses. The bank’s reported profit before taxation for the three months ended in March was $2.103 billion, up from […]
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HSBC announces share buyback of up to $3 billion as first-quarter results top expectations
Branch of HSBC bank on 15th January 2024 in London, United Kingdom. HSBC Bank plc is a British multinational banking and financial services organisation. HSBCs international network comprises around 7,500 offices in over 80 countries globally. (photo by Mike Kemp/In Pictures via Getty Images) Mike Kemp | In Pictures | Getty Images Europe’s largest lender […]
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