HSBC resumes $1bn share buyback after profits jump

HSBC resumes $1bn share buyback after profits jump  The Times

The half-year results followed several major transactions by HSBC as it sought to dispose of some of its businesses in Asia. © ReutersLORRETTA CHENAugust 4, 2026 15:12 JSTHONG KONG -- HSBC on Tuesday reported a 23% jump in pre-tax profit for the first half of 2026, mainly boosted by higher fee-related income at its wea

HSBC has resumed its share buyback programme after profit soared past expectations in the second quarter of 2026. The FTSE 100 bank – whose market cap of £274bn makes it the London Stock Exchange’s most valuable company – posted $10.1bn (£7.5bn) in pre-tax profit for the last three months, surging past an internal fore

Rresilient hybrid demand and a weak yen have helped make up for rising costs, tariffs and supply disruptions.