HSBC (LSE: HSBA) and Citigroup are rival behemoths on the global stage, with both banks having a large presence in Asia and the other emerging markets. HSBC shareholders might therefore hope that Citigroup’s better-than-expected profit surge bodes well for their own bank — but should they?
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Will HSBC Holdings plc Deliver Stellar Returns Following Citigroup Inc’s Super Earnings Report?
VIDEO: One Fool puts HSBC Holdings plc (LON:HSBA) under the spotlight following Citigroup Inc (NYSE:C)’s results.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
