HSBC Reports Modest Growth Amid Share Buyback Plan
HSBC has announced a share buyback plan of up to $2 billion, with the goal of completing it by the end of 2025. The bank’s annual pre-tax profit rose 6.5%, reaching $32.31 billion, although this was slightly below analyst estimates. For the full year, HSBC reported revenue of $65.85 billion, down from $66.1 billion in … Read more