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HSBC CFO: Buyback Shows Confidence in the Underlying Business
Oct 25, 2021 | Bloomberg
Ewen Stevenson, chief financial officer at HSBC Holdings PLC, discusses the bank’s plan for a $2 billion share buyback, the firm’s exposure to the property sector and the business in China. HSBC’s adjusted pretax profit rose to about $6 billion in the third quarter. Stevenson speaks to Bloomberg’s Manus Cranny on “Bloomberg Daybreak: Middle East.” -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
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