HSBC profit surges amid lower costs

Note: This section contains information in English only.
Source: Bloomberg
HSBC Holdings Plc, the largest bank in Europe by value, reported its earnings for the third quarter of this year, as the profit jumped 30% to $4.53 billion from $3.48 billion a year earlier on costs' cuts. At the same time, economists predicted the profit amount to reach $5.54 billion. Today, HSBC Holdings Plc shares are adding 3.27% to 709.80 pence by 14:15 GMT in London.
Back to articles

Actual Topics

Mon, 04 Nov 2013 14:48:03 GMT

CBI: U.K. economy will grow faster

According to the new outlook of the U.K. Confederation of Industry, the country's economy will advance 1.4% in 2013, while the next year economic expansion will reach as much as 2.4%. The outlook was raised from 1.2% and 2.3%, respectively. Economists say that economy in Britain will grow faster than in continental Europe, as all the main industries will show

Mon, 04 Nov 2013 11:20:03 GMT

European stocks advance before the PMI reports

European stocks reported gains as investors are waiting for Purchasing Managers' Index reports from Germany, France, the UK and the whole Eurozone. The French CAC 40 advanced 0.19% while the Euro Stoxx 50 jumped 0.25% and Germay's Dax gained and 0.28%.The largest climb was for the UK's FTSE, which surged 0.41%. For the most Euro-area countries PMI reports are expected

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.