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Mason Baxter: HSBC Profit Exceeds Forecasts

Mason Baxter: HSBC Profit Exceeds Forecasts

Submitted by • August 23, 2017 www.businessnewschina.com

1888 Press Release - Mason Baxter: HSBC to spend $2 billion on share buybacks this year.Mason Baxter: With the departure of CEO Stuart Gulliver who increased revenue and cut expenses, HSBC Holdings Plc has unveiled Q2 profits that have exceeded analysts’ forecasts. The lender has since stated that it will spend in the region of 2 billion dollars acquiring its own stock.

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