Finance news on October 27, 2026

1. 0104:08 UTC

   HSBC quarterly profit rises 32% as it plans up to $1 billion buyback

   2 outlets · first: Bloomberg Earnings

   Machine summary HSBC Holdings reported third-quarter profit before tax of $9.63 billion, up 32 percent from $7.30 billion a year earlier, with revenue of $18.62 billion, up 5 percent. The bank said it intends to initiate a share buyback of up to $1 billion, expected to be completed by the full-year 2026 results announcement, and approved a third interim dividend of $0.10 per share.

   1. HSBC third-quarter profit before tax rose 32 percent to $9.63 billion from $7.30 billion a year earlier, according to the results release covered by RTT News
   2. Among the results, notable items contributed a net favourable effect of $1.4 billion, as legal provisions of $1.4 billion booked in the prior-year quarter did not recur.
   3. Revenue increased 5 percent to $18.62 billion and net interest income grew 6 percent to $9.31 billion; net interest margin was 1.57 percent, stable year on year
   4. HSBC said it intends to initiate a share buyback of up to $1 billion, expected to be completed by the full-year 2026 results announcement
   5. The board approved a third interim dividend of $0.10 per share and maintained a dividend payout ratio target basis of 50 percent for 2026, 2027 and 2028

   Reported by Bloomberg and Rttnews.

   • HSBC Holdings
   • Net interest income
   • Net interest margin
   • Notable items

2. 0200:06 UTC

   Ripple's $2.6B RLUSD gains federally supervised reserve bank

   2 outlets · first: cointelegraph.com Banking

   Machine summary Ripple said the OCC granted final approval for Ripple National Trust Bank, which will manage the segregated reserves behind RLUSD and act as collateral trustee for holders. XRP traded at $1.29, up 0.5% over 24 hours, per CoinGecko.

   1. Decrypt reports that in December 2025 the OCC gave conditional approval to Ripple's application, together with the applications of Circle, Paxos, BitGo, and Fidelity Digital Assets.
   2. BNY is the primary reserve custodian for RLUSD, and Ripple says the token is used in its payments network and as collateral in its Ripple Prime brokerage, Decrypt reported

   Reported by Decrypt and cointelegraph.com.

   • Ripple
   • CoinGecko
   • RLUSD
   • BNY
   • Ripple National Trust Bank
   • Ripple Prime

3. 0310:33 UTC

   Coverage recordSeeking Alpha: “General Motors to transfer listing to Nasdaq”

   2 outlets · first: Seeking Alpha Markets

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by Seeking Alpha and CNBC.

   • Nasdaq
   • General Motors

4. 0405:15 UTC

   Consumer sentiment held near record low at 48.0 in October

   1 outlet · first: milwaukeesun.com (Big News Network) Markets

   Machine summary One-year inflation expectations rose to 4.7 percent from 4.6 percent in September, while the five-year measure increased to 3.5 percent. The survey director said elevated expectations complicate the Federal Reserve's two percent inflation target.

   1. October's number barely moved versus the final September reading of 48.1, though it exceeded the preliminary October estimate of 46.3; Reuters-polled economists had forecast 46.3.
   2. Joanne Hsu, director of the Surveys of Consumers, said sentiment stood 10 percent below a year earlier and 15 percent below February, just before the Iran conflict.
   3. Independent respondents scored 42.4, down from 47.7 in September and close to their record low of 40.6 in May, while readings among Democrats and Republicans improved.
   4. Expectations for inflation over one year climbed to 4.7 percent, up from 4.6 percent in September and, in February, 3.4 percent; the five-year measure increased to 3.5 percent, versus 3.4 percent in September and, in March, 3.2 percent.
   5. Since January, the number of independents citing inflation pressure on their finances rose 27 percent, the Republican figure 52 percent and the Democratic figure 15 percent.

   Reported by milwaukeesun.com (Big News Network) and myanmarnews.net (Big News Network).

   • Federal Reserve
   • Reuters

5. 0509:02 UTC

   Coverage recordYahoo Finance: “Simpson Manufacturing Co Inc (SSD) Q3 2026 Earnings Call Highlights: Pricing Power and Cost ...”

   1 outlet · first: Yahoo Finance Earnings

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by Yahoo Finance.

   • Simpson Manufacturing

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.