Guess he's also sitting on losses. An ordained pump and dump?Original Post Deleted
Guess he's also sitting on losses. An ordained pump and dump?Original Post Deleted
First time I see the words, "Bank" and "Luck" mentioned in the same sentence.
Next week, interim 3 results of HSBC. I am not holding my breath.
SCB needs a change in leadership... the Jose Vinals / Bill Winters duo swept in with great energy and promised to revitalize the business. 5 years later, the restructuring still hasn't finished...
What do you guys think? Should they deserve more time?
HSBC results in 90 mins or so ...
https://www.hsbc.com/investors/resul...-announcements
Might as well get a beer for lunch.HSBC Q3 Earnings
-Q3 Adj. Pretax Profit $4.30 Bln (est $2.80 Bln)
-Q3 Revenue $12.07 Bln (est $11.84 Bln)
-Q3 Adj. Expected Credit Losses $0.79 Bln (est $2.00 Bln)
Summary from CNBC.
HSBC beats estimates, reports 36% year-on-year fall in pre-tax profit for the third quarter
https://www.cnbc.com/2020/10/27/hsbc...ndroidappshare
The key was the possibility of resumption of "conservative" dividends in 2021. However the requirement to "consult" with a regulator whose principle skill set is minimising the risk of public relations disasters rather than minimising the risk of banking industry failure puts a very large question mark against those hoping for a dividend to be paid.
CFO interview.
Let's see what Stan chart looks like in 48 hours.
https://youtu.be/DTgQnVAUyQQ
This page is really weird. can see Shri and Trainee posting being listed but the page 13 cannot be clicked.. does it help after we post a few more to flush this ?