Both HSBC and Standard Chartered count Hong Kong as their biggest market and generate the bulk of their profit in Asia. Photo: BloombergBoth HSBC and Standard Chartered count Hong Kong as their biggest market and generate the bulk of their profit in Asia. Photo: Bloomberg
Both HSBC and Standard Chartered count Hong Kong as their biggest market and generate the bulk of their profit in Asia. Photo: Bloomberg

HSBC, Standard Chartered results likely to be hit by loan loss provisions once again, analysts say

  • Standard Chartered is first of city’s currency-issuing banks to report results on Thursday
  • Analysts expect HSBC and Standard Chartered to report a combined US$3.4 billion in loan loss provisions for the second quarter

Topic |   Banking & Finance
Both HSBC and Standard Chartered count Hong Kong as their biggest market and generate the bulk of their profit in Asia. Photo: BloombergBoth HSBC and Standard Chartered count Hong Kong as their biggest market and generate the bulk of their profit in Asia. Photo: Bloomberg
Both HSBC and Standard Chartered count Hong Kong as their biggest market and generate the bulk of their profit in Asia. Photo: Bloomberg
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