Macro Finance
HSBC Reports Profit Miss, Announces Buyback
Bloomberg Markets·October 27, 2026·1 min read
HSBC shares fell in Hong Kong after third-quarter earnings missed estimates. The bank kept its full-year outlook unchanged and announced a $1 billion share buyback. Phil Richards of Bloomberg Intelligence analyzed the results, noting the profit miss and the bank's capital return plan. Investors reacted negatively to the earnings shortfall despite the buyback announcement.
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