It was sticking to its target for return on equity, a measure of profitability, of 12 percent to 15 percent through 2016.
After all, the new bank's target for return on equity by 2000 is 15%, the same as its two components aim for now.
HSBC's shares fell in early trading in London, as the bank also missed its own target for return on equity.
Nor have any of the new groups adopted a target for return on equity.And merging does little to solve banks' biggest underlying problem: masses of loans to big companies that earn derisory returns, at best.
Maryland's public pension system missed its annual target for returns by more than six percentage points in fiscal 2016, marking the second consecutive year that the retirement program fell short of its goal.
In the middle of last year, Goldman Sachs's target for return on equity was 20 percent, though the firm has since retreated from setting a target, citing the uncertainty in its business.
The bank is cutting its target for return on equity by about a third, amid hints that regulators are giving it less leeway in the way it assesses the riskiness of its assets.
It also cut its target for return on equity – a measure of profitability – from 12 per cent to 11 per cent, blaming the 8 per cent tax surcharge on UK banks in George Osborne's summer Budget's and the extra costs of ring-fencing.
Serbs have set fire to at least four houses in the last month, targeting those being prepared for returning Muslims.
Ultimately, the goal is to make sure the upper stage on the Falcon Heavy is reusable, which is part of SpaceX's plan to make Mars a viable target for repeat, return commercial spaceflight.
