As the FTSE 100 mirrors a positive trend in global markets and with recent political and regulatory developments capturing attention, investors are closely monitoring the evolving landscape of London's financial scene. In such a dynamic environment, identifying dividend stocks that offer potential stability and consistent returns becomes increasingly pertinent.
HSBC Holdings ( LON:HSBA ) First Quarter 2024 Results Key Financial Results Revenue: US$20.0b (up 1.5% from 1Q 2023...
LONDON (Reuters) -HSBC has no current plans to sell more assets, its chairman Mark Tucker said on Friday at the annual shareholder meeting of the bank, which has scaled back its presence in Western markets in recent years as part of a sweeping overhaul. HSBC shareholders met in London days after the bank's CEO Noel Quinn announced his surprise retirement following a five-year tenure which saw HSBC sell retail banking operations in France and the U.S., and its entire Canadian unit, as it pivots towards Asia. The chairman's comments hint at a likely shift in direction for whomever succeeds Quinn, as the bank turns its focus away from shrinking its global empire to trying to grow its business in its remaining markets.