Bloomberg HSBC Holdings Plc beat profit estimates for the third quarter, delivering an upside surprise as it pared back expected credit losses and signaled it may resume limited dividend payments already for this year. Adjusted pretax profit slid 21% to $4.3 billion in the period, beating the $2.8 billion estimate, the London-based bank said in a statement on Tuesday. HSBC ...

Bloomberg Australia’s remaining deferred mortgages tend to have higher loan-to-valuation ratios or are held by people in industries struggling from the pandemic, a Reserve Bank official said. “Non-performing loans to households, which had already risen over past couple of years, are therefore expected to continue to rise over the coming months,” RBA Assistant Governor Michele Bullock, who oversees financial stability, ...

Bloomberg Bank of China Ltd. (BOC) plans to expand its headcount in offshore bond business by 40% as it fights with global banks for a greater slice of a market that’s seen a surge in Chinese borrowers. The lender is seeking to add 20 more staff to its offshore bond team over the next five years, Hu Kun, its general ...