“The Group delivered strong results across its major businesses, providing further evidence of a successful repositioning. Its diversified business model, international network and capital strength provide a solid foundation for further growth.”
Douglas Flint, HSBC Group Chairman
31 July 2017
Further share buy-back
The Group’s capital position remains strong, with the common equity tier 1 ratio standing at 14.7% at 30 June…In light of the strong capital position, the Board approved a further buy-back of up to $2.0bn of ordinary shares, planned to commence shortly after publication of these interim results.