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Smoke, mirrors and net interest margins

2 April 2024BanksAccounting, Barclays, derivatives, hedging, HSBCNick Dunbar

UK banks use accounting tricks and derivatives to boost their net interest margins, and HSBC is under pressure to follow suit.

HSBC’s overvalued Chinese bank

12 March 2024BanksAccounting, China, HSBCNick Dunbar

Experts say HSBC’s BoCom stake is overvalued by $12 bn. Risky Finance trawled through ten years of data to understand the giant’s accounting controversy.