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HSBC reports pre-tax profit of $21.6 billion in the first half of 2024


HSBC reports pre-tax profit of .6 billion in the first half of 2024

HSBC’s pre-tax profit in the first half of the year was slightly below the same period last year (Daniel LEAL) Banking giant HSBC announced on Wednesday that pre-tax profit in the first half of 2024 was $21.6 billion, slightly below the previous year’s record result. “After delivering record profits in 2023, we again had strong […]

Santander reports 31% drop in profits but hopes for tailwind in the second half of the year


Santander reports 31% drop in profits but hopes for tailwind in the second half of the year

Santander UK saw its profits fall by almost a third in the first half of the year after losses due to falling mortgage lending and higher savings rates, but is hoping for a rebound from “tailwinds” in the last six months. The Spanish-owned branch lending company reported a 31% fall in pre-tax profit to £804 […]

The Federal Reserve could cut interest rates, which is good news for your auto loans


The Federal Reserve could cut interest rates, which is good news for your auto loans

photo: Justin Sullivan (Getty Images) Jerome Powell, Chairman of the Federal Reserve, said this morning The Inflation is on the way down again to a reasonable level – levels that would enable the reserve to Reduction in interest rates on overnight loans between banksThis change may have an impact everything from mortgages to credit cardsBut […]

Realtors say now could be a good time for first-time home buyers


Realtors say now could be a good time for first-time home buyers

LEXINGTON, Ky. (LEX 18) — Interest rates have risen, as have home prices, but there’s one corner of the real estate market that first-time buyers should pay attention to. While it’s a tough time for sellers, some agents say it could be a good time to buy. Hannah and Nick Garnett moved into their first […]

A good addition to your real estate stock portfolio?


A good addition to your real estate stock portfolio?

We recently published a list of The 10 best real estate and property stocks to buy according to hedge funds. In this article, we take a look at where CBRE Group, Inc. (NYSE:CBRE) stands compared to other real estate and property stocks. US real estate market: A market that has been stuck in a dead […]