HSBC says profits triple as it announces share buyback | CNN Business

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الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

HSBC announced it had tripled its quarterly profit, blowing past expectations as it benefited from high interest rates around the world.

Europe’s biggest bank recorded a whopping $12.9 billion in pre-tax profit for the quarter ended March. That was up 207% from a year earlier, and significantly higher than the $8.6 billion average predicted by a poll of 17 analysts compiled by

said Tuesday it would buy back up to $2 billion in shares, and roll out a quarterly dividend of 10 cents per share. paid just £1 for the acquisition, which effectively rescued the smaller bank. disclosed last month that its buyer, a member of a French banking group, had asked to change the terms of the deal due to the costs of rising interest rates. As of last month, the parties were still in talks.

 

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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