HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop

Bloomberg Daybreak: Europe Edition
01/08/2023 17 min
HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop

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Episode Synopsis

HSBC's CEO Talks Bumper Profits & UK Shop Prices Drop Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) HSBC plans to buy back up to $2 billion of stock after a Q2 pretax profit of $8.8 billion. (2) UK shop prices drop for the first time in two years according to the British Retail Consortium. (3) Nigel Farage says Coutts have offered to let him keep his account. (4) The UK has dropped its bid to replace Europe's 'CE' quality mark post-Brexit. See omnystudio.com/listener for privacy information.

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