HSBC Holdings

HSBC reported a strong profit rise for the third quarter and plans further share buybacks, but disappointed on interest income and in its wealth management business. JPMorgan therefore expects a slight cut to consensus EPS estimates for 2026–2028. HSBC shares fell 7.3% and pulled the FTSE 100 sharply into the red, making the European banking sector the worst performer. » More on finanzen.net

HSBC reports a pre-tax profit of $9.6bn in the third quarter; on an adjusted basis pre-tax earnings are around $10bn. The bank announces a further share buyback program and confirms its full-year targets, but net interest income and wealth management fell short of expectations. Investors were disappointed, the stock dropped double digits, and analysts expect consensus estimates for 2026–2028 to be revised down. » More on finanzen.net

Polymarket has taken roughly $77,500 of positions on whether major banks, including HSBC and Lloyds, will fail by year-end, prompting concern over insider trading, market manipulation and potential to fuel bank runs. UK and EU regulators, including the FCA and ESMA, are discussing the risks of prediction markets that operate with limited identity verification and anonymous crypto-linked accounts. Polymarket defends its markets as democratised information sources, while academics and MPs urge intervention to curb moral hazards and protect market integrity. » More on theguardian.com

HSBC will phase out its transaction services business in Germany, eliminating more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH by 2028. The move is part of a wider strategy to concentrate on businesses where HSBC sees stronger competitive advantages and follows last year’s sale of its German private banking arm. Management says the exit could improve efficiency and profitability, while risks include lost client relationships, near-term restructuring costs and potential weakening of its German corporate franchise amid broader European retrenchment. » More on finance.yahoo.com

HSBC has issued senior, unsecured bonds totaling £750 million with a fixed-to-floating interest structure and a coupon of 6.061%; maturity is 2035. The issuance was made under a 2009 indenture, supplemented by the 41st supplemental agreement, and was placed in the U.S. using a shelf registration (Form F-3). The bank plans to list the bonds on the New York Stock Exchange; HSBC reported total assets of $3,438 billion as of June 30, 2026. » More on de.investing.com