HSBC reported a drop in third-quarter profit, caused by the planned sale of its French retail banking business and rising provisions against credit losses
Global banking giant HSBC Holdings PLC reported a drop in third-quarter profit, caused by theProfit fell 46% to $1.
9 billion in the July through September quarter from a year earlier, HSBC said Tuesday. Analysts had expected it to report about $1.15 billion in profit, according to estimates compiled by the bank.
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HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loansThe Asia-focused lender on Tuesday posted $1.91 billion net profit for the three months to Sept. 30, down from $3.54 billion in the year-earlier period.
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The Roaring Bling: Heavenly London Celebrates the Women of the 1920s With Art Deco CollectionJewelry brand Heavenly London has collaborated with French entrepreneur Flavia Stuttgen on a third collection after the success of the first two partnerships.
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French bank SocGen to further reduce exposure to oil and gas productionFrench bank Societe Generale said in a statement that it planned to further reduce its exposure to the oil and gas production sector and was making good progress on its goal of a complete exit from coal.
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Macron's centrist French govt survives no-confidence votesPARIS (AP) — French President Emmanuel Macron's centrist government survived two no-confidence votes Monday prompted by opposition lawmakers to protest the use of a special constitutional power to force the budget bill through the National Assembly without a vote.
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Sunday Brunch french toast sandwichesSmith's Chef Jeff is back for Sunday brunch with french toast sandwiches! Check out our website to find the recipe.
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