{"id":32473,"date":"2026-08-04T08:55:05","date_gmt":"2026-08-04T08:55:05","guid":{"rendered":"https:\/\/microvibenews.com\/?p=32473"},"modified":"2026-08-04T08:55:05","modified_gmt":"2026-08-04T08:55:05","slug":"hsbc-boosted-by-lending-and-wealth-management-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=32473","title":{"rendered":"HSBC boosted by lending and wealth management \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/02\/HSBC-HSBC.png\" alt=\"HSBC\" class=\"wp-image-162541 lazyload\" style=\"width:834px;height:auto\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"491\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/02\/HSBC-HSBC.png\" alt=\"HSBC\" class=\"wp-image-162541 lazyload\" style=\"width:834px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/02\/HSBC-HSBC.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/02\/HSBC-HSBC-300x186.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/02\/HSBC-HSBC-768x475.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/02\/HSBC-HSBC-600x371.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>HSBC beat forecasts<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">HSBC posted a 23% surge in pre-tax profits for the first half to $19.5 billion (2025: $15.8bn), driven by higher net interest income and increased fee income, particularly from its wealth management and banking services.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The increase was partly offset by higher expected credit losses and operating expenses, but was ahead of the $18.9bn that analysts forecast.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">HSBC plans a new buyback of up to $1bn.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Group chief executive Georges Elhedery said: \u201cHSBC is becoming the stronger bank we set out to build. We are executing our strategic priorities with pace, precision and discipline.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cThis is allowing our four businesses to focus on their core strengths, grow, work together more effectively and deepen customer relationships. The result is a bank capable of achieving more.\u201d<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">HSBC lifted its guidance for net interest income for this year, saying it now expects to exceed $46bn, having previously said it would hit that level..<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The board declared a second interim dividend of $0.1 per share, following a $0.1 payout in May.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">HSBC\u2019s figures cap a strong earnings season for Europe\u2019s big banks, which have extended a more than two-year-long recovery thanks to a surge in trading activity and resilient interest income despite dips in central bank rates.<\/p>\n<p><!-- Simple Share Buttons Adder (8.6.0) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#HSBC #boosted #lending #wealth #management #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC beat forecasts HSBC poste&hellip; <\/p>\n","protected":false},"author":1,"featured_media":32474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[3839,266,265,14055,1168,2010,81],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32473"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32473"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/32474"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}