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Search resuls for: "Bertha Wang"


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Noel Quinn CEO of HSBC HoldingsNet interest income for the first half stood at $18.3 billion, 36% higher year-on-year, while net interest margin came in 46 basis points higher at 1.70%. Solid second quarterFor the second quarter alone, HSBC beat analysts' expectations to report an 89% jump in pre-tax profit in the second quarter. Pre-tax profit for the quarter ended in June was $8.77 billion, beating expectations of $7.96 billion. Net profit was $6.64 billion, beating the $6.35 billion expected in analysts' estimates compiled by the bank, jumping 27% compared to the same period a year before. Total revenue for the second quarter came in at $16.71 billion, 38% higher than the $12.1 billion seen in the same period a year ago.
Persons: Bertha Wang, Noel Quinn, CNBC's, Quinn, , there's Organizations: Silicon Valley Bank, HSBC Holdings, Bloomberg, Getty, HSBC, HSBC —, Revenue Locations: France, Silicon, Hong Kong, U.K
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