Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) reported Monday higher profit in its first half with strong revenues in most segments. Further, the company said it intends to initiate a share buy-back of up to $1 billion, which is expected to commence shortly. Separately, HSBC said John Flint has stepped down as Group Chief Executive and as a Director by mutual agreement with the Board.
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