Group 1 - HSBC is winding down its business banking unit in the U.S., laying off 40 employees and notifying 4,400 clients as it shifts focus to other markets [1] - The bank has been withdrawing from international markets, concentrating on Hong Kong, the U.K., and Asia since CEO Georges Elhedery took over [2] - HSBC previously sold its U.S. retail banking business in 2021 and Canadian operations in 2022, while maintaining a wealth division and a wholesale bank in the U.S. [3] Group 2 - CEO Georges Elhedery has a history of leading through change and driving growth, having been with HSBC since 2005 [4] - Elhedery expressed a commitment to delivering exceptional value to clients and investors through sustainable growth [5] - The restructuring announced in October aims to streamline decision-making and eliminate redundancies, allowing HSBC to focus on businesses with competitive advantages [6]

HSBC Holdings plc (HSBC) and Banco Santander S.A. (SAN) are two of Europe’s leading multinational banks, with an extensive global footprint. While HSBC is intensifying its pivot toward Asia (seeking to capitalize on the region’s faster economic growth), SAN is reinforcing its position in its core markets across Europe and the Americas, with primary focus on retail and commercial banking. The key question is: Can HSBC’s Asia-focused growth strategy outperform Santander’s Europe and Americas-centric approach? ...

HSBC Holdings plc (HSBC) plans to reduce its workforce in France by 348 jobs, accounting for approximately 10% of its staff in the country. This move is part of the overall cost-cutting strategy by CEO Georges Elhedery, aiming to reduce the expense by $1.5 billion by 2026.  The job reductions will be implemented through a voluntary redundancy scheme, allowing employees to exit on mutually agreed terms. These cuts are part of a broader program aimed at simplifying operations and enhancing efficiency in an in ...

HSBC Holdings (HSBC) reported first-quarter 2025 results last week. Results benefited from higher adjusted revenues and relatively stable operating expenses. On the other hand, heightened uncertainty and weakness in the economic outlook owing to geopolitical tensions and higher trade tariffs led to a rise in expected credit losses and other credit impairment charges (ECL).So now the question is, should investors think of buying HSBC stock at the moment? Let’s address this question by evaluating the company’ ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of HSBC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any i ...

HSBC Holdings (HSBC) reported first-quarter 2025 pre-tax profit of $9.48 billion, which declined 25% from the prior-year quarter.Results were affected by a fall in revenues, higher expected credit losses and other credit impairment charges (ECL), partially offset by a fall in expenses.HSBC’s Revenues Fall, Expenses DipTotal revenues were $17.65 billion, down 15% year over year. The fall was primarily due to lower net interest income (NII) and other operating income.Operating expenses declined marginally to ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...

In the last reported quarter, HSBC's results were aided by lower expenses. However, a rise in expected credit losses and other credit impairment charges (ECL) and a fall in revenues were the undermining factors. The consensus estimate for the company's earnings is pegged at $1.60 per share, which has remained unchanged in the past seven days. This indicates a decline of 5.9% from the year-ago quarter's reported number. The consensus estimate for sales is pegged at $16.46 billion, implying a 20.7% fall. Majo ...

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Core Insights - Three stocks with strong value characteristics and a buy rank are highlighted for investors to consider: Lionsgate Studios Corp., NCR Atleos Corporation, and HSBC Holdings plc [1][2][3] Group 1: Lionsgate Studios Corp. (LION) - The company has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased by 8.3% over the last 60 days [1] - Lionsgate has a price-to-earnings ratio (P/E) of 5.53, significantly lower than the industry average of 32.50, and possesses a Value Score of A [1] Group 2: NCR Atleos Corporation (NATL) - The company also holds a Zacks Rank of 1, suggesting robust investment prospects [2] - The Zacks Consensus Estimate for its current year earnings has risen nearly 9% over the last 60 days [2] - NCR Atleos has a P/E ratio of 6.11, compared to 19.89 for the S&P 500, and has a Value Score of A [2] Group 3: HSBC Holdings plc (HSBC) - HSBC carries a Zacks Rank of 1, reflecting strong market positioning [3] - The Zacks Consensus Estimate for its current year earnings has increased by 3.2% over the last 60 days [3] - The company has a P/E ratio of 7.33, which is lower than the industry average of 9.80, and holds a Value Score of B [3]