HSBC Holdings - Fire Sale Time
*Gross Operating Revenues Do NOT Cover Recurring Costs At HSBCNA: HSBC Holdings plc (HSBC) [5.HK/HSBA.LN] is a complete and utter mess. Nowhere is...
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Standard Chartered – Going Backward Again
* Solid 1Q20 Result: Standard Chartered plc (2888.HK/STAN.LN) [STAN] reported a fairly robust set of 1Q20 results – coming in at USD 517 mn,...
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ANZ – The Hole Has Been Dug
* Weak 1H20 Results: Australia and New Zealand Banking Group (ANZ.AU) reported a disappointing set of results, with profits declining AUD 1.2 bn...
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HSBC – A Mitigated Disaster
The global behemoth reported losses in N America, in Europe and almost all income gone from MENA. The bank reports mark downs, impairments, from...
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Banks – Bad Loan Delta
During 2020 there will be dramatically higher bad loans for global banks. This is despite less strict NPL recognition, interest payment holidays,...
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