Key facts: HSBC Q3 profit drops 14%; updates climate goals; issues $5B notes — TradingView News
- HSBC reported a 14% decline in its third-quarter pre-tax profit, attributed mainly to a $1.4 billion litigation charge associated with the Bernard Madoff fraud.1
- HSBC has updated its climate goals, now targeting net-zero financed emissions by 2050. It aims to cut emissions from oil and gas clients by 14% to 30% by 2030.2
- On November 6, 2025, HSBC issued US$5 billion in senior unsecured notes, including US$2.25 billion in 4.619% notes due 2031 and US$2.25 billion in 5.133% notes due 2036.3
