HSBC is set to report third-quarter earnings today. Here's what to expect

The London-headquartered bank is scheduled to release its financial report card for the July-to-September quarter on Tuesday at 12 p.m. HK/SIN.

Provisions for expected credit losses at the bank are forecast to increase by $2.02 billion in the quarter, the estimates showed.While signs of recovery may not be "very robust" right now, the bank's prospects could start to improve from here if Covid-19 cases around the world don't get much worse, said Jackson Wong, asset management director at Amber Hill Capital.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

5 things to know before the stock market opens MondayIt's a busy week ahead on Wall Street with about a third of the S&P 500 companies reporting earnings and the government releasing its first look at third-quarter GDP. Joe Kernen is biased. That is wrong. For Your Free Debt Consolidation Call Toll Free 855 993 0450 Mon. - Fri. 9:00am - 7:00pm EST, Saturday 10:00am - 2:00pm EST Have Statements Available
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock-market investors brace for busiest week of earnings in October’s final hurrahBuckle up! Apple, Facebook and Google parent Alphabet are in the spotlight, as more than a third of S&P 500 members will report earnings this week. Investors wanted And greedy! It’s going to be nuts
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Australia's Westpac flags $870.4 million hit to second-half cash earningsAustralia's Westpac Banking Corp said on Monday it would take an $870 million hit to cash earnings in the second half, due mostly to write-downs in the value of its life insurance business and the additional costs of a record fine. And I'm sure trump will do nothing to stop them.💛
La source: Reuters - 🏆 2. / 97 Lire la suite »