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HSBC lowers expectations for return on tangible equity in 2022

Feb. 23, 2021 2:08 PM ETHSBC Holdings plc (HSBC) StockHSBCBy: Liz Kiesche, SA News Editor3 Comments
  • HSBC (HSBC -0.3%) revises its return on average tangible equity target to at least of 10% in the medium term vs. its original target of 10%-12% in 2022.
  • "We recognize a number of fundamental changes, including the prospect of prolonged low

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