HSBC shares rise on $3 billion buyback; says growth to buck rate impact
By Selena Li, Sinead Cruise and Lawrence White HONG KONG/LONDON (Reuters) -HSBC Holdings announced a $3 billion buyback and upgraded its income outlook on Wednesday, as it showed progress in its strategy to future-proof its business from global interest rate cuts that may hit returns from lending. The lender’s shares rose 3% in London as …
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