BNP Paribas Downgrades HSBC Holdings to Neutral from Outperform
BNP Paribas downgraded HSBC Holdings (HSBC) to Neutral from Outperform, citing uncertainty in the European banking sector due to higher energy costs and geopolitical risks. HSBC reported a decline in pre-tax and post-tax profits for fiscal 2025, though its Wealth and Wholesale Transaction Banking segments showed growth.
Tickers: $HSBC
Topics: Analyst Opinion BNP Paribas Financial Performance HSBC Holdings Stock Downgrade