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HSBC reported Q2 pre-tax profit rose 60% YoY to $10.1bn, beating expectations, led by strong wealth-management results. The bank announced a share buyback program of up to $1bn. Revenue for the three months ended June 30 was $19.1bn, above the $18.6b

2026-08-04

HSBC reported Q2 pre-tax profit rose 60% YoY to $10.1bn, beating expectations, led by strong wealth-management results. The bank announced a share buyback program of up to $1bn. Revenue for the three months ended June 30 was $19.1bn, above the $18.6bn analyst consensus and up 16% YoY.

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US ISM new orders index (July) 56.7, matching consensus 56.7; prior 56.0.

US ISM new orders index (July) 56.7, matching consensus 56.7; prior 56.0.
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