HSBC is buying a piece of land on The Sandbox for an undisclosed sum.

HSBC says its $2 billion stock buyback should be a signal that it is not concerned about its exposure in China.

The concerns around the lack of interoperability are a false flag by the bears.

HSBC said it will deepen its planned cost cuts, while adjusting its business model towards fee-paying services, following a stronger-than-expected third quarter earnings report for Europe's biggest bank.

Wells Fargo says it expects to reduce its workforce 'through a combination of attrition, the elimination of open roles and job displacements.'

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.