UK 20:52 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
What a terrible set of Q1 results from HSBC (HSBA). The company reported profit before tax and earnings per share both down 20%; sales revenue down 8%. Even the bank’s estimated underlying figures were no joy: pre tax down 13%! Jeepers, creepers! But hold on, my dear Watson the share price at 593p closed the day down only 0.45%. So what is afoot?
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