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FTSE 100 Live 19 February: Inflation jumps to 3%, HSBC unveils cost savings plan

2025-02-19Evening Standard on MSN.com
FTSE 100 Live 19 February: Inflation jumps to 3%, HSBC unveils cost savings plan

HSBC is to target savings of $1.5 billion (£1.2 billion) by the end of 2026 as chief executive Georges Elhedery seeks to create a "more agile, focused bank". The move was announced alongside an annual pre-tax profit of $32. ...Read more

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