Financials Gain on Strong Overseas Bank Earnings - Financials Roundup

Dow Jones

Yesterday

Shares of banks and other financial institutions rose amid strong earnings for European lenders.

Anglo-Hong Kong lender HSBC Holdings launched a $3 billion share-buyback plan even as it reported a drop in first-quarter net profit.

Spanish bank Banco Bilbao Vizcaya Argentaria posted better-than-expected earnings for the first quarter of 2025.

Deutsche Bank shares rose after the German investment bank's earnings topped Wall Street targets.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 29, 2025 17:06 ET (21:06 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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