Underlying quarterly trends showed good revenue generation notably in terms of fee income generation but largely offset by cost inflation. However, management remains committed to delivering positive jaws (revenues growing faster than costs) over the full year. It announced a unique $2bn share buy-back as it foresees good growth opportunities.
04 May 2018
Growth bias
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Growth bias
HSBC Holdings Plc (HSBA:LON) | 646 10.3 0.2% | Mkt Cap: 122,087m
- Published:
04 May 2018 -
Author:
David Grinsztajn -
Pages:
2
Underlying quarterly trends showed good revenue generation notably in terms of fee income generation but largely offset by cost inflation. However, management remains committed to delivering positive jaws (revenues growing faster than costs) over the full year. It announced a unique $2bn share buy-back as it foresees good growth opportunities.