HSBC share price dips from 52-week high as France tax-fine hearing looms
HSBC shares fell 0.9% to 1,206.6p in London after touching a 52-week high the previous session. A Paris court will hold a hearing Thursday on a potential €300 million “CumCum” tax settlement involving HSBC. Investors are watching for the bank’s annual results on Feb. 25 and upcoming rate decisions in the UK and U.S.