HSBC's profits plunge 45% as low interest rates and bad loans take their toll

by— Europe's biggest bank reported lower profits in three of its four divisions in 2020, but its gains in Asia offset its losses in Europe.

the Guardian—HSBC looks to Asia after profits plunge 34%. More executive roles are expected to relocate to home base of Hong Kong as part of Asia shift, where most of its earnings come from HSBC, Britain’s biggest bank, has recorded a 34% drop in profit for 2020 as it prepares to double down on its operations in Hong Kong and China despite concern about the political crackdown in the former UK colony. The bank said on Tuesday that pre-tax profit was down from $13.3bn (£9.4bn) in 2019 to $8.8bn in the 12 months to 31 December, while the adjusted profit...

@adweek—Lowe’s Takes Customer Engagement Literally and Figuratively During Night of Lowemance. The list of possible Valentine's Day gifts this year has expanded to include splash painting at a big box hardware chain, thanks to Lowe's first-ever Night of Lowemance event. On Feb. 14, the retailer is inviting 50 couples to select stores in ten markets for what it calls a "one-of-a-kind Valentine's Day experience" following "a

Mail Online—Christina Aguilera, 40, takes the plunge in a VERY low-cut swimsuit showing off her ample cleavage. The Beautiful songstress displayed her ample cleavage in a black swimsuit, as she relaxed with fiancé Matthew Rutler and six-year-old daughter Rain