HSBC sees FY23 net interest income above $35B

The company said the following, ” We remain committed to targeting a return on average tangible equity in the mid-teens for 2023 and 2024… We continue to expect ECL charges of around 40bps of average gross loans in 2023… We intend to manage the CET1 ratio within our medium-term target range of 14% to 14.5%, and we aim to manage this range down in the long term. In addition, our dividend payout ratio is 50% for 2023 and 2024.”