latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/hsbc-swings-to-q4-19-loss-from-year-ago-profit-57141369 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

HSBC swings to Q4'19 loss from year-ago profit

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

HSBC swings to Q4'19 loss from year-ago profit

HSBC Holdings PLC reported a fourth-quarter 2019 loss attributable to ordinary shareholders of the parent company of $5.51 billion, compared to profit of $1.54 billion a year earlier.

For full-year 2019, the British banking group's attributable profit fell year over year to $5.97 billion from $12.61 billion.

HSBC said it plans to suspend share buybacks for 2020 and 2021, citing the "high level of restructuring" it expects to undertake over the next two years.

More details to follow.