Search results
China's Bank of Communications Q1 profit rises 1.44%
Reuters via Yahoo Finance· 14 hours agoChina's Bank of Communications Co Ltd (BoCom), reported a 1.44% rise in first-quarter net profit amid a slowing economy. BoCom, the first among five of...
China's Bank of Communications warns of property market risks
Reuters via Yahoo Finance· 2 years agoBEIJING/SHANGHAI (Reuters) -China's Bank of Communications (BoCom) on Friday warned of liquidity...
Bank of Communications, China Merchants Bank report increasing bad loans amid property crisis
South China Morning Post via Yahoo Finance· 8 months agoTwo major Chinese banks reported a growing number of non-performing loans (NPLs) on their books in the first half of the year as China's worsening property-market crisis puts increasing strain ...
China's Big Six banks meet first-quarter profit forecasts, but Covid-led slowdown poses higher bad...
South China Morning Post via Yahoo Finance· 2 years agoChina's Big Six state-controlled banks reported first-quarter net profit growth in line with...
HSBC full-year profits surge fuelled by high interest rates
Yahoo Finance UK· 2 months agoHSBC has reported a massive jump in profits. Mike Kemp via Getty Images HSBC, has reported an almost...
Chinese banks' asset quality remains stable but interest margin pressures to continue : analysts
South China Morning Post via Yahoo Finance· 6 months agoChinese banks will continue to grapple with interest margin pressures in the fourth quarter of 2023,...
China’s economic troubles are hurting global banks
CNN Business via Yahoo Finance· 2 months agoHSBC posted a big drop in quarterly profit Wednesday after taking a $3 billion hit on its stake in China’s Bank of Communications (BoCom) and another...
China analyst leaves state-owned brokerage after bearish commentaries
Reuters via Yahoo News· 2 years agoHong Hao, a managing director and head of research at Bank of Communications International Holdings Co (BoCom International), has left the brokerage, a spokesperson for the firm told Reuters ...
HSBC Q4 Pre-Tax Earnings Fall on One-Time Impairment Charges
Zacks via Yahoo Finance· 2 months agoHSBC Holdings HSBC reported a fourth-quarter 2023 pre-tax profit of $1 billion, down substantially...
China Slowdown Deals $3 Billion Blow to HSBC
The Wall Street Journal· 2 months agoFINANCE LONDON— HSBC bet big on China to fuel its growth, a move that has now come back to bite it. The banking giant said it lost $153 million in the...