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HSBC unveils $3bn buyback as profits rise in CEO Quinn's last results

By Frank Prenesti

Date: Wednesday 31 Jul 2024

(Sharecast News) - HSBC on Wednesday said it would start a $3bn share buyback after the Asia-focused bank reported estimate-busting interim profits in its final set of results under chief executive Noel Quinn.
Pre-tax profits rose 1.5% to $8.9bn and smashed analysts' forecasts of $7.8bn. The bank, which makes most of...

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