Frailty in UK, US Consumer to Drag Down HSBC Profit
Weakness in UK property, US consumer finance and historically low impairment costs, point to weaker earnings for HSBC Holdings Plc (HSBA LN) when...
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US Credit Card Lender Reveals Worsening Stress
While many US banks have not reported rising NPLs or impairment costs, we are not convinced that the environment is particularly strong. There are...
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Higher Capital Buffer for UK Banks
At a time when UK credit metrics are worsening, the Bank of England’s latest banking regulation is a net negative for HSBC Holdings Plc (HSBA...
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HSBC's New $250m Malaysia Bank Building
HSBC Holdings Plc (HSBA LN) will build a new head office building for its bank in Malaysia. The cost for this new building is US$250 million, and...
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With SAN Purchase of POP, We Look at Impaired Loans and Deposit Contraction Globally
It is not clear to us how a EUR7 billion capital raising will allow Banco Santander (SAN) to clean up Banco Popular (POP), which it has just...
371 Views