Home > HSBC $2.5 bln buy-back after profits tumble

Business
HSBC $2.5 bln buy-back after profits tumble

Description

HSBC announces a $2.5 billion share buy-back as it takes steps to soothe investors after a near 30 percent drop in first-half core profits. Rosanna Philpott reports.

Added on the 03/08/2016 13:24:41 - Copyright : Reuters EN

To customise your video :

Or Create an account

More videos on the subject

  • Reports: Verizon to buy Yahoo for $5 bln

    After months of negotiating, Verizon reportedly plans to purchase Yahoo! The purchase would bring an uncertain future for the internet company. Ryan Brooks explains what Yahoo's new owner would get out of the deal.

    25/07/2016 - Reuters EN
  • Pfizer buying Anacor for $5.2 bln.

    Pfizer is buying the eczema treatment developer just one month after it scrapped its $160 billion merger deal with Allergan. Fred Katayama reports.

    16/05/2016 - Reuters EN
  • Peltz's Trian buys $2.5 bln GE stake

    Activist investor Nelson Peltz's fund is calling on GE to cut more costs, sell more of its banking business and explore more buybacks. Fred Katayama reports.

    05/10/2015 - Reuters EN
  • HSBC profits boom on the back of Asian growth

    HSBC reports second-quarter earnings, reporting a 10% rise year-on-year. Ryan Brooks reports.

    03/08/2015 - Reuters EN
  • Deutsche Bank's record $2.5 bln fine

    Germany's biggest bank, Deutsche, is fined $2.5 billion by U.S. and British regulators. As Hayley Platt reports, it becomes the eighth financial group to settle allegations of rigging interest rate benchmarks.

    23/04/2015 - Reuters EN

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34