The Bank Reporting Season Continues ; Monday's Agenda

Summary


THE bank reporting season continues with HSBC's firstquarter results. Broker Nomura reckons that the strength of its investment banking will help it to report a strong set of numbers.

Shares in the bank have rallied sharply since their heavy sell- off in March. JPMorgan this week advised clients to hang on to the stock because of its stronger capital position thanks to its recent Pounds 12.5 billion cash call.

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The Bank Reporting Season Continues ; Monday's Agenda

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