HSBC Q2 Pre-Tax Earnings Dip on Higher ECL, $3B Buyback Plan Unveiled

HSBC Holdings HSBC reported second-quarter 2025 pre-tax profit of $6.33 billion, which declined 29% from the prior-year quarter.Shares of HSBC slide more than 2.5% in pre-market trading as quarterly performance disappoints investors.Results were hurt by a fall in revenues, higher expected credit losses and other credit impairment charges (ECL) and...