HSBC, Standard Chartered Face Cost Test as Rates, Wealth Support Earnings

HSBC Holdings Plc and Standard Chartered Plc are expected to sustain strong returns on higher rates and Asian wealth fees, though China’s tighter capital-flow rules and cost pressures cloud the...

By Rachel Yeo, Myungshin Cho and Felix Tam · Bloomberg Markets

HSBC Holdings Plc and Standard Chartered Plc are expected to sustain strong returns on higher rates and Asian wealth fees, though China’s tighter capital-flow rules and cost pressures cloud the outlook.