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HSBC, Standard Chartered Face Cost Test as Rates, Wealth Support Earnings

Bloomberg Markets Friday 23 October 2026, 02:19 UTC By Rachel Yeo, Myungshin Cho and Felix Tam 1 min read
Key Points

Banking HSBC, Standard Chartered Face Cost Test as Rates, Wealth Support Earnings HSBC Holdings Plc and Standard Chartered Plc are expected to sustain strong returns on higher rates and Asian wealth fees, though China’s tighter capital-flow rules and cost pressures cloud the outlook. Wealth momentum at both banks remained positive, though it may have eased slightly after China launched a crackdown on cross-border trading, said Bloomberg Intelligence. Costs will also be in focus, with HSBC...

Banking HSBC, Standard Chartered Face Cost Test as Rates, Wealth Support Earnings HSBC Holdings Plc and Standard Chartered Plc are expected to sustain strong returns on higher rates and Asian wealth fees, though China’s tighter capital-flow rules and cost pressures cloud the outlook. Wealth momentum at both banks remained positive, though it may have eased slightly after China launched a crackdown on cross-border trading, said Bloomberg Intelligence. Costs will also be in focus, with HSBC cutting some benefits for senior staff and both lenders seeking greater efficiency through AI.
HSBC (ORG) Standard Chartered Face Cost Test (ORG) Wealth Support Earnings Banking HSBC (ORG) Wealth Support Earnings HSBC Holdings Plc (ORG) Standard Chartered Plc (ORG) Asian (ORG) China (LOCATION) Bloomberg Intelligence (ORG) AI (ORG)
Originally published by Bloomberg Markets Read original →

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