HONG KONG/LONDON, Aug 4 : HSBC Holdings reported a better-than-expected first-half profit and raised its net interest income target, driven by revenue growth in lending and wealth management fee earnings on robust money flows.Europe's largest bank posted a pretax profit of $19.5 billion for the first six mont

HONG KONG/LONDON, Aug 4 : HSBC Holdings reported a better-than-expected first-half profit and raised its net interest income target, driven by revenue growth in lending and wealth management fee earnings on robust money flows.Europe's largest bank posted a pretax profit of $19.5 billion for the first six mont

The results came as the bank continues to streamline its business and focus on key markets.

HONG KONG: British Banking giant HSBC said on Tuesday (Aug 4) it would buy back up to US$1 billion of shares after a big jump in profits in the first half of 2026.The jump in profits was due to "growth in banking net interest income and higher fee and other income", HSBC said in its earnings report, adding th