AIG Surpasses Profit Expectations Thanks to Robust Investment Income
2 months ago
American International Group Inc. (AIG) has reported financial results that exceeded analysts' expectations for the third quarter of 2024. The insurance giant credits its success primarily to stronger investment income, marking a significant turn in its financial performance amid a shifting economic landscape.
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HSBC Surprises Analysts with $3 Billion Share Buyback Following Strong Profit Report
2 months ago
HSBC Holdings Plc announced a significant $3 billion share buyback scheme, a move that comes in the wake of the bank reporting profits that exceeded market expectations. The announcement marks a strategic effort to enhance shareholder value, as the banking giant revealed a strong financial performance driven by robust lending and investment banking activities.
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