Business
For its autocratic African ally, Taiwan bites its tongue and opens its wallet
By Marcus Chen
HSBC reports 32% increase in third quarter pre-tax profits, announces US$1b share buy-back
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Tuesday, October 27, 2026 at 4:27 AM · 1 min read
HSBC, Hong Kong’s biggest lender, reported a 32 per cent rise in third quarter pre-tax profits while announcing a US$1 billion share buy-back on Tuesday. The bank said its third quarter pre-tax profit increased to US$9.6 billion, in-line with US$9.7 billion estimated by analysts, compared with US$7.3 billion a year earlier. The buy-back amount for the third quarter was in line with analysts’ estimates. More to follow …
Up nextFor its autocratic African ally, Taiwan bites its tongue and opens its walletBusiness · 1 min read
