HSBC, Standard Chartered Tested by Geopolitical Woes as Valuations Climb
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How HSBC Holdings Plc and Standard Chartered Plc have managed to cope with uncertainty on trade and interest rate trajectories will be on display in next week's earnings.
Momentum in wealth management and cost savings will be key for HSBC's growth amid risks from President Donald Trump's tariffs, which threaten the bank's Asia-focused global trade business model, according to Bloomberg Intelligence. Similarly, Standard Chartered's wealth-management performance, efficiency efforts and the resilience of its cross-border network revenue to tariff and trade risks have provided support, BI said in a separate note.
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