Friday is a quiet day for scheduled corporate announcements and macroeconomic data; a good opportunity, perhaps, to make the long weekend even longer?
Banking giant Holdings PLC () is holding its (virtual) annual conflab on Friday.
The annual general meeting comes after the bank revealed on Thursday it would exit the US retail banking market.
The company has a chequered record in the US – if your concept of “chequered” is a draughts board where 58 of the 64 squares are red – and the strategy is in line with its increased focus on international banking and wealth management.
recently took mercy on us all and announced it would be rebranding as Reckitt. It also has an annual general meeting scheduled but as it released first-quarter numbers at the end of April it is not expected to announce any new data.
Significant announcements expected
Trading statements/AGMs: AIQ Limited (), Barr (AG) PLC (), (), HSBC Holdings PLC (), PLC (LON:RKT), (), Wameja Limited ()
Finals: PLC ()
Economic data: US personal spending, US inflation expectations, US Chicago PMI
Read More: HSBC Holdings PLC to field questions on US retail banking exit at its annual