HSBC CFO Says Third-Quarter Earnings a `Mix of Good and Less Good'

The transcript discusses HSBC's restructuring plans, focusing on charges and market guidance. It highlights the impact of interest rates, Brexit, and Hong Kong protests on business performance. The bank plans to remodel underperforming sectors, with job cuts mainly in Europe and the US. Despite challenges, HSBC is investing in high-growth areas like Asia and digital platforms, aiming to sustain dividends.

What significant restructuring charges is HSBC currently facing?

What is the expected range for the central project Oak Charge for the full year?

How has the interest rate outlook changed for HSBC over the course of the year?

What impact have the protests in Hong Kong had on HSBC's business?

What are the anticipated impacts of the restructuring on HSBC's workforce?

What areas is HSBC focusing on for higher growth and return opportunities?

What is HSBC's stance on sustaining dividends despite restructuring?