Edition:
International

Thomas Blott

HSBC pledges more buybacks after profit rise

Jul 31 2017

HONG KONG/LONDON, July 31 (IFR) - HSBC is to buy back US$2bn of its shares after reporting a 5% rise in half-year profits, and said repurchases of its stock could become a regular feature in the future.

HSBC finally gets approval for China securities JV

Jun 30 2017

HONG KONG, June 30 (IFR) - HSBC has finally been given the go-ahead from the China Securities Regulatory Commission for its securities joint venture in China, becoming the first foreign bank to receive approval for a majority-owned JV in the mainland.

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