economy

HSBC resumes share buybacks as quarterly profits soar to $10.1bn

Arjun Neil Alim in Hong Kong and Ortenca Aliaj in London

HSBC resumes share buybacks as quarterly profits soar to $10.1bn

TL;DR

  • HSBC's quarterly profits reached $10.1 billion.
  • The bank has resumed its share buyback program.
  • The profit surge indicates strong financial performance.