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OPINION

Published 17:22 IST, July 31st 2024

HSBC’s growth engine has insufficient horsepower

HSBC announced a $3 billion share buyback on July 31. The London-listed bank also said that its return on tangible equity would be in the “mid-teens” in 2025.

Reuters Breakingviews
Liam Proud
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HSBC | Image: HSBC
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17:22 IST, July 31st 2024