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Business briefing · Tuesday, October 27, 2026 · Morning edition · Story 2 of 5
HSBC shares drop after revenue miss despite profit increase
HSBC shares fell 6% following a third-quarter revenue miss, though the bank reported a 32% profit increase and announced a $1 billion share buyback. The drop contributed to a 1% decline in the FTSE 100 index.
Why it matters: The mixed results highlight ongoing challenges for HSBC and impact broader market sentiment.
Sources: CNBC · The Guardian Business
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