On June 14, 2024, the view of the HSBC Bank logo on the wall outside the branch of Mexico, Mexico.
Henry Romero | Rooters
According to the bank, HSBC, the largest lender in Europe, reported the expectations of the second quarter of the second quarter on Wednesday, mostly due to weakness. The bank announces a share by billback of billion bills.
In June, a profit was recorded before a three -month tax of $.3.3 billion in June, which is below 5 %.
HSBC’s second-minute 2025 results are in comparison to consensus estimates Compiled by the bank??
- Profit before tax: .3 6.3 billion vs. 6.99 billion dollars
- Revenue: .5 16.5 billion vs. $ 16.67 billion
Operating costs increased by 10% compared to the same period a year ago, and due to the extended costs and investments in a large number of restructuring and other related costs as well as technology.
Bloomberg said last week that HSBC has planned to end many employees of the German office in the German office at his German office.
The Chief Executive Officer is said to be aligned with the pressure to improve the investment bank of Georges Elhedry. In the last OctoberHSBC announced a restructuring plan to split its operation into four sections, which created a separate “Eastern Market” and “Western Markets” areas. HSBC has said that the restoration will reduce costs Million 300 million this year??
In January, the lender announced that it would be Turn off its M&A And part of its equity operations in Europe and America.
US President Donald Trump’s “mutual duties will be implemented on August 7. While reporting the first quarter earnings, the bank had warned of increased macroiconomic uncertainty, and protective trade policies were effective on customers and highlighted that business sensations were effective.
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