Home > HSBC's reported profit fell by 34.7 percent in 2020

Business
HSBC's reported profit fell by 34.7 percent in 2020

Description

Hong Kong, Feb 23 (EFE/EPA).- British bank HSBC announced Tuesday that its reported profit attributable to ordinary shareholders fell 34.7 percent in 2020 to $3.9 billion."In 2020, HSBC had a very clear mandate – to provide stability in a highly unstable environment for our customers, communities and colleagues," Group Chief Executive Noel Quinn said in the bank's annual report posted on its website.(Camera: JEROME FAVRE)SHOT LIST: THE HSBC HEADQUARTERS IN HONG KONG, CHINA.

Added on the 23/02/2021 13:00:00 - Copyright : EFE Inglés

To customise your video :

Generic export code

More videos on the subject

HSBC reported profit grew 268% in first half of 2021

Hong Kong, Aug 2 (EFE/EPA).- British bank HSBC on Monday announced that its reported profit attributable to ordinary shareholders was $7.28 billion in the first half of the year, increasing its earnings by 268 percent over the same period in 2020.Between January and June, HSBC's revenue decreased by 4.46 percent to $25.55 billion, which the bank attributes to interest rate cuts in 2020 and lower revenue in Markets and Securities Services (MSS). (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE HSBC BUILDING IN HONG KONG.

02/08/2021 - EFE Inglés
Deutsche Telekom increased its net profit by 7.5% in 2020

Bonn , Feb 26 (EFE/EPA).- (Camera: Friedemann Vogel) German telecommunications company Deutsche Telekom obtained in 2020 a net profit of 4,158 million euros, 7.5% more than a year before, and exceeded 100,000 million euros in turnover in the year.FOOTAGE OF THE DEUTSCHE TELEKOM HEADQUEARTERS IN BONN, GERMANY

26/02/2021 - EFE Inglés
SK Telecom increases its profits by 3.7 percent during first quarter of 2020

Seoul, Aug 6 (EFE/EPA).- South Korean telecommunications company SK Telecom, announced Thursday its profits obtained during the second quarter of 2020, which increased 3.7% compared to the same period on the previous year.(Camera: JEON HEON KYUN)FOOTAGE SHOWS THE SK TELECOM HEADQUARTERS IN SEOUL, SOUTH KOREA.

06/08/2020 - EFE Inglés
Samsung expects a 2.73 percent increase in 2020 Q1 operating profit

Seoul, Apr 7 (EFE/EPA).-South Korean tech giant Samsung Electronics announced Tuesday that it expects a year-on-year increase of 2.7 percent in its operating profit in the first quarter of 2020 driven by a robust demand for chips, its main product. (Camera: JEON HEON-KYUN).FOOTAGE SHOWS A SAMSUNG SHOP IN SEUL, SOUTH KOREA.

07/04/2020 - EFE Inglés
HSBC reports profit plunge of 53 percent in 2019

Hong Kong, Feb 19 (EFE).- British bank HSBC, Europe's largest, announced Tuesday that its reported profit attributable to ordinary shareholders fell 53 percent in 2019 over the previous year to $6 billion.It said this had been affected by a goodwill impairment of $7.3 billion."The Group’s 2019 performance was resilient, however parts of our business are not delivering acceptable returns. We are therefore outlining a revised plan to increase returns for investors, create the capacity for future investment, and build a platform for sustainable growth," Interim Group Chief Executive Noel Quinn said in a statement posted on the bank's website on Tuesday.(Camera: JEROME FAVRE)FOOTAGE SHOWS THE HSBC HEADQUARTERS IN CENTRAL DISTRICT, HONG KONG.

20/02/2020 - EFE Inglés