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HSBC suggests the worst is past: bank and rival Barclays post profits but strike different tones on future
- Source :
- Wall Street Journal. Europe. August 4, 2009, A1
- Publication Year :
- 2009
-
Abstract
- Because of a 1-billion-pounds-sterling pre-tax profit from its investment-banking division, Barclays PLC's first-half net profit rose 10% to 1.9 billion pounds, while HSBC Holdings PLC suffered a 57%-decline in net profit to $3.35 billion. Article discusses both banks' share value, funding, capital rating and expected earnings for the rest of 2009.
- Subjects :
- Barclays PLC -- Company sales and earnings
Barclays PLC -- Securities
Barclays PLC -- Company forecasts
Barclays PLC -- Finance
HSBC Holdings PLC -- Company sales and earnings
HSBC Holdings PLC -- Securities
HSBC Holdings PLC -- Finance
HSBC Holdings PLC -- Company forecasts
Banking industry
Financial services industry
Banking industry
Financial services industry
Company earnings/profit
Company securities
Company business forecast/projection
Company financing
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.204989763