latest news in Banking

HSBC Exceeds Expectations with $19.5 Billion Profit and Resumes Stock Buybacks

HSBC Exceeds Expectations with $19.5 Billion Profit and Resumes Stock Buybacks

London, Tuesday, 4 August 2026.
HSBC reported a first-half pretax profit of $19.5 billion, beating market estimates. Driven by strong wealth management fees, the bank launched a $1 billion share buyback and raised income guidance.

Centennial Bank Leader Tracy French Passes Away After Two Decades of Service

Centennial Bank Leader Tracy French Passes Away After Two Decades of Service

Conway, Monday, 3 August 2026.
Home BancShares and Centennial Bank are mourning the loss of former chief executive Tracy French, whose two-decade leadership drove substantial regional expansion and commercial growth for the financial institution.