HSBC CEO: Consideration of Buybacks Brought Forward

The transcript discusses the company's strong performance in 2022, highlighting a 17% increase in adjusted pretax profits and a diversified geographic profit base. The company is optimistic about its 2023 net interest margin guidance, despite some uncertainties. A special dividend and potential buybacks are planned following the sale of Canadian assets. The company is confident in its provisions for credit losses in China, noting improved market conditions.

What is the expected return on tangible equity for 2023?

What significant change occurred in profit generation by geography over the past three years?

What factors contributed to the improved sentiment in China’s economy as mentioned?