HSBC Market Value Tops $300 Billion for First Time
HSBC becomes the first European bank to exceed a $300 billion market value, reflecting strong earnings and investor confidence.
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HSBC Q3 Profit Falls 14% Amid $1.1B Madoff Charge, But Income Outlook Rises
HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its net interest-income forecast to $43 billion for 2025.
HSBC Expects Gold’s ‘Bull Wave’ to Reach $5,000 an Ounce in 2026
By
Nathan Cole
HSBC has joined a growing number of major banks forecasting gold at $5,000 per ounce by 2026, as geopolitical tensions, central bank demand, and policy uncertainty fuel one of the strongest bull markets in decades.