Quartz·1 min read·easy
HSBC resumed share buybacks after first-half profit surged past expectations
✦AI Summary
HSBC announced a resumption of share buybacks following a strong first-half performance that exceeded market expectations. The bank reported a pretax profit of $19.5 billion and raised its net interest income guidance.
The bank posted pretax profit of $19.5 billion and lifted its net interest income guidance for the full year
businesseconomy
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