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Investors will be watching this week to see whether HSBC and Standard Chartered resume paying interim dividends as the lenders prepare to report their first-half results against the backdrop of a ...
Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services.Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
Investors will be watching this week to see whether historically low interest rates gash the bottom lines of Hong Kong's banks in the first quarter as economic conditions in the city begin to ...
The 52–53-week fiscal year (or 4–4–5 calendar) is used by companies that desire that their fiscal year always end on the same day of the week.Any day of the week may be used, and Saturday and Sunday are common because the business may more easily be closed for counting inventory and other end-of-year accounting activities.
Investors are preparing for another round of large loan loss provisions at HSBC, Standard Chartered and other big banks in Hong Kong, after additional waves of the coronavirus pandemic weighed on ...
Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance. They may be considered as grey literature. Most jurisdictions require companies to prepare and disclose annual reports, and many require the annual report to be filed at the company's registry.
In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...
Investors are bracing for potentially large loan loss provisions at HSBC, Standard Chartered and other big banks in Hong Kong as the coronavirus pandemic weighed heavily on economic activity ...