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hsbc shares reach 20 year high ahead of annual results

HSBC shares surged to a 20-year high of 894.70 ahead of its annual results, marking the highest price since 2001. Analysts anticipate earnings of £25.2bn for 2024, while job cuts in the investment banking division are expected to be announced this week as part of a re-organization plan aimed at saving £1.2bn.
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British Pound Sterling GBR Richard L. Hunter Georges Elhedery Noel Quinn Show more
Finance & Economy, Market Report
11:58 18.02.2025
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