|Bid||27.68 x 1400|
|Ask||27.96 x 2900|
|Day's range||27.37 - 27.85|
|52-week range||25.63 - 38.61|
|Beta (5Y monthly)||0.48|
|PE ratio (TTM)||8.28|
|Forward dividend & yield||1.35 (5.18%)|
|Ex-dividend date||18 Aug 2022|
|1y target est||51.92|
HSBC has hired bankers to find buyers for its Canadian business, as it resists calls from its biggest investor to split the global bank in two.
HSBC has come under pressure from its largest shareholder to improve profits
HSBC has launched a strategic review of its Canadian business that could lead to its sale for up to $9bn, as the group resists pressure from its largest shareholder Ping An to split its Asian and western operations. The London-based bank said on Tuesday that it was in the early stages of the review, as it looked to reshape its global network to focus on Asia and other growth regions. HSBC is working with bankers at JPMorgan to seek potential buyers, Sky News first reported.