Tag: rise

• Wednesday, February 20th 2019 - 10:01 UTC

  Europe's biggest bank slower profits blamed on tepid growth in China and UK

  

  HSBC warned it may have to delay some investments this year as Europe's biggest bank missed 2018 profit forecasts due to slowing growth in its two home markets of China and Britain. HSBC reported a drop in fourth-quarter revenue amid tumbling stock markets that sapped customer's confidence in investing.