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Stock Market & Financial Investment News

News Breaks
February 24, 2014
06:10 EDTHSBCHSBC reports 2013 profit before tax $22.6B vs. $20.6B a year ago
Reports Common equity tier 1 ratio 10.9% vs. 9.5% last year. The bank said, "Although much progress has been made since 2011, we did not meet all of our targets by the end of 2013. Our reported cost efficiency ratio of 59.6% and return on equity of 9.2% in 2013 were both outside our target ranges, in part affected by continuing UK customer redress. In addition, there is further work required to grow our incremental wealth revenues to achieve our target of US$3bn in the medium term."
News For HSBC From The Last 14 Days
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September 3, 2015
09:11 EDTHSBCEurope has to wait at least five years before bank consolidation, Reuters says
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September 1, 2015
19:27 EDTHSBCArgentina demands HSBC replace regional CEO, Telegraph says
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August 31, 2015
06:10 EDTHSBCBanks lobby EU over privacy rules overhaul, FT reports
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August 28, 2015
12:58 EDTHSBCHSBC releases statement regarding payment problems on Friday
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August 25, 2015
16:49 EDTHSBCHSBC, others back Abengoa capital increase, Reuters says
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