The Trader 

Market Outlook: Europe’s biggest bank disappoints today

The Trader

HSBC Holdings plc posted lower than expected profit growth and higher operating costs this morning, warning that the outlook for its key markets – greater China and the UK – are likely to be tricky this year, Reuters reports. CEO John Flint also flagged up trade tensions, a less rosy economic outlook and the uncertain path for interest rates as barriers to a better business outlook this year.

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