HSBC share price edges up as U.S. bond-team cuts report puts results week in focus
HSBC shares rose 0.3% in London early Friday after Bloomberg reported the bank cut about 10% of its U.S. debt capital markets team, letting go at least six staff in New York. The U.S.-listed ADR closed down $1.26 overnight. Investors await HSBC’s annual results and a dividend decision on Feb. 25.