HSBC

Visa $V and Mastercard $MA are still moving away from their highs. Visa is already back at last April’s levels!

The high-quality businesses of both companies continue to face market pressure. The shares are trading more than 16% below their ATH.

HSBC: Financial results, share buybacks and restructuring

HSBC, $HSBC Europe's largest lender, reported a pre-tax profit of USD 8.5 billionbeating expectations and delivering a 10% increase on the same period last year. These figures were boosted by revenue growth in the property and personal banking divisions. The company also announced a new share buyback program worth USD 3...
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