This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the USA print edition of The Wall Street Journal (August 1, 2017).
HSBC (HSBA) put on a show of financial strength Monday by revealing its third share buy-back in a year and releasing interim results ahead of expectations.
It also announced a share buyback program of up to $2 billion, which is expected to be completed this year.
"We have made an excellent start to 2017", Chief Executive Stuart Gulliver said in a statement.
The yields on those assets has been very weak as United States interest rates have been low.
HSBC's ring-fenced United Kingdom business will be based in Birmingham.
The lender reported pre-tax profits of US$10.2 billion compared to US$9.7 billion for the same period in 2016.
US Navy ship fires warnings at Iranian ship
According to the US statement, the Iranian boat approached the USS Thunderbolt , coming within 137 meters (150 yards). The warning shots were fired into the water, out of concerns of a possible collision.
'Kuwait orders Iran envoy to leave'
There, security forces found weapons and explosives, believed to belong to infiltrators from Iran and Lebanon's Hezbollah. In August 2015, Kuwait said it had busted the 26-member cell and seized arms, ammunition and explosives from them.
Humans Have Produced Whopping 9 Billion Tons of Plastic
Setting aside the low rate of recycling found in plastic production , another major problem is its short lifespan. Of the total amount of produced from 1950 to 2015, roughly half was manufactured in just the last 13 years.
While HSBC's headline numbers slightly beat expectations, the fine print shows how banks are still feeling the fallout from the financial crisis almost a decade ago, and in unexpected ways. HSBC says its global reach should be a magnet for companies looking to trade or invest overseas, and it can do anything from managing their cash to helping them tap capital markets, all supported by a strong retail brand and private bank.
"I can not tell you whether we'll do a further buyback this year, but we are using buybacks as a regular part of the toolkit to manage returns to shareholders", Gulliver said in the conference call.
"It's an obsession because we need to prove the logic of the network that comes from referrals going between the three global business", Mr. Gulliver said.
Chairman Douglas Flint said that as central bank interest rates edged higher, the bank "began to benefit from improved margins on our core deposit bases".
British businessperson Mark Tucker, now group CEO and president of insurance group AIA, will take over from Flint in October.
HSBC said it had seen a seven per cent increase in revenue from transaction banking products, although overall revenue of $26.2bn was 11 per cent lower "primarily due to currency translation differences, the absence of fair value movements on our own debt and revenue from the operations in Brazil that we sold". Stripping those events out, revenues rose by 3 per cent.
Operating profit for the half-year to June 30 was $10.2bn (£7.78bn).
Last month, Trump's Justice Department suddenly chose to settle the money laundering case against the real estate company. "It's absolutely clear the interest and the goal was to repeal the Magnitsky Act ", Browder said of the meeting.
Teigen's husband, John Legend , also responded to Trump's tweet, writing: "America elected a very shi**y person to be president". Chrissy Teigen has slammed President Donald Trump on Twitter before, but her latest tweet was apparently the last straw.
This is a result of Motorola's promise that "atleast" three generations of Moto Z phones will be cross compatible with Moto Mods. Motorola , like many other Android manufacturers , has started moving more of its stock applications to the Play Store.
As per the GFXBench listing , the ZenFone 4 Selfie sports a 5.5-inch full-HD display with a screen resolution 1920 x 1080 pixels. On the battery front, the Asus Zenfone 4 Max packs a mammoth 5,000mAh battery with 10W rapid charging support.
Samsung Electronics has sent out invitations for August 23 unpacking of next phablet succeeding the ill-fated Galaxy Note7. Samsung has been less successful than AAPL when it comes to keeping a lid on the details of its new flagship smartphone .
The event that triggered the beginning of the end for Mr Priebus was the hiring of Mr Scaramucci as communications director. His selection, opposed by Mr Priebus, was followed immediately by the resignation of press secretary Sean Spicer .
In the prior week, USA oil stockpiles dropped sharply but production rose to the highest level since late July 2015. September crude rose 56 cents, or 1.2%, to $48.45 a barrel on the New York Mercantile Exchange.
After Orgeron was sacked in 2007, Freeze became the head coach at Lambuth, a tiny NAIA school in western Tennessee . Freeze took over after Houston Nutt was sacked during a miserable 2011 season that ended with a 2-10 record.
Even if Trump had made a decision to veto the bill, Congress could likely have mustered enough votes to override him. John McCain, R-Ariz., said the bill's passage was long overdue, a jab at Trump and the GOP-controlled Congress.
Democrats said the new sanctions would not conflict with the landmark nuclear deal between Iran and world powers. It is the second confrontation between USA and Iranian navies in the Persian Gulf this week.
Jackson is going to definitely be around as Nick Fury and that we'll see him with two good eyes... for a little bit, at least. Galactic war is coming to the Marvel Cinematic Universe, and this time we're not talking about Thanos.
Trump tweeted that he is replacing Priebus as Chief of Staff with John Kelly , now Secretary of Homeland Security. Trump also promoted his Deputy Sarah Sanders as the new White House Press Secretary. "He's a great American".
Obama said such measures were to punish Moscow for its interference in last year's presidential election. Russian Federation will have to respond to the United States sanctions at some point, Putin has warned.
The European Commission and its German counterpart were tipped off about the possible cartel, the EU competition authority said. Daimler announced on Tuesday that it would modify three million Mercedes vehicles in Europe to reduce their diesel emissions .
Relatives said Jacqueline was preparing for her Quincenera - fifteenth birthday celebrations celebrated by Latin Americans. As for the older sister, she was reportedly uncooperative with police officers and appeared to be highly intoxicated.
The BJP on Tuesday announced that Shah and Union Textiles Minister Smriti Irani will contest Rajya Sabha elections from Gujarat. Bharatiya Janata Party (BJP) president Amit Shah on Friday filed his nomination papers for Rajya Sabha elections from Gujarat .
I enjoyed it but obviously it's nothing without the gold so I need to focus now, be neutral and see what we get tomorrow". With two Hungarian swimmers in the final, the home crowd will roar their deafening support at the Duna Arena.
The Los Angeles Chargers have acquired Cardale Jones from the Buffalo Bills in return for a conditional seventh-round draft pick. The Bills selected Jones in the fourth round of the 2016 draft under a different front office and different coaching staff.
The couple abandoned their legal fight on Monday after concluding that Charlie had deteriorated to the "point of no return". Bobby Schindler, brother of Terri Schiavo who has been in London assisting the Gard family with their court case, agreed.
For example, OPEC's production fell by 920,000 barrels a day from October to June, according to the International Energy Agency. Brent crude futures for July were up 39 cents, or 0.8 percent, at $51.15 a barrel by 0552 GMT, after trading higher earlier.
Manchester United and Real Madrid play each other at 10pm (BST) tonight with De Gea expected to be involved. On playing in the Premier League, Danilo said: "It is a competition I always liked, I always wanted".
The announcement followed days of violent clashes between Israeli security forces and Palestinians in the vicinity of the mosque. Just hours later, three Israelis were stabbed to death in the Jewish settlement of Neve Tsuf in the Israel-occupied West Bank.
Ideally, therefore, victory needs to be won by the people of Poland, supported by democrats and progressives everywhere. The bill will go to parliament's upper house on Friday, where PiS has an absolute majority.
The Congress vice-president's statement is in stark contrast to the remarks on Kashmir made by his former ally Farooq Abdullah. BJP has not only rejected the suggestion , but has also condemned Abdullah for seeking third party intervention on Kashmir.
We'd encourage giving the game a shot and maybe even picking it up while you don't have to sell your soul for a copy. Furthermore, players will notice new gameplay. id Software has implemented new Runes in place of Hack Modules.