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Daily Archives: 19th February 2019

19th February 2019

HSBC – Solid as a rock | Bank Capital Insights

Equity investors may be disappointed

HSBC reported Q4 and FY 18 earnings report on Tuesday morning that missed consensus estimates.   Most of the weakness stemmed from a slowdown in the global banking and markets division. The bank’s stock was down about 4% post the earnings announcement reflecting the earnings miss and slightly negative outlook for 2019.   The stock price reaction seems to be a natural reaction but for credit investors, it should not matter much.

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