
European Stocks Edge Higher; HSBC Earnings Help Mood
By Peter Nurse Investing.com - European stock markets edged higher Monday, helped by some strong corporate earnings, although the gains looked tenuous after weak German retail sales data...
By Peter Nurse Investing.com - European stock markets edged higher Monday, helped by some strong corporate earnings, although the gains looked tenuous after weak German retail sales data...
Investing.com - HSBC reported on Monday second quarter {{erl-280||earnings that beat analysts' forecasts and revenue that topped expectations. HSBC announced earnings per share of $0.41 on...
By Peter Nurse Investing.com - European stock markets are expected to open lower Monday, handing back some of the previous session’s gains as data from Asia raised fresh doubts about the...
LONDON/SINGAPORE (Reuters) – HSBC said on Monday a demerger or spinoff of its Asian business risks huge one-off execution costs, higher taxes and ongoing running costs for the bank, in...
The British lender’s profit rose 62% in the second quarter, as revenue was boosted by higher interest rates.
SINGAPORE (Reuters) – HSBC Holdings PLC reported a 15% drop in first-half profit as expected credit losses more than offset the impact from rising net interest income at Europe’s biggest...
By Selena Li HONG KONG (Reuters) – A Hong Kong politician has urged HSBC spin off its Asia business and appoint representatives of Chinese insurer Ping An to its board, as the global...
(Bloomberg) -- The Hong Kong Monetary Authority increased its base rate by 75 basis points to 2.75% on Thursday after the Federal Reserve raised interest rates. The HKMA moves in lockstep...
HONG KONG (Reuters) – HSBC Holdings said on Thursday it would leave its best lending rate in Hong Kong unchanged at 5%, despite a rise in the base rate of the city’s central bank,...
(Bloomberg) -- The Indian rupee’s decline to a lifetime low is adding to angst over imported inflation as well as an external deficit blowout, prompting analysts to draw parallels with the...
(Reuters) – Russia’s central bank governor Elvira Nabiullina told a briefing on Friday that the bank had not received requests from HSBC and Expobank to approve a possible deal.
Under President Xi Jinping, the Communist Party is seeking more sway over private companies, including foreign ones.
By Lawrence White LONDON (Reuters) – HSBC has agreed to sell its Russia business to Expobank, signing a deal shortly before Moscow said it would move to block the sale of foreign banks’...
LONDON (Reuters) – HSBC Holdings Plc said employees had formed a branch of China’s Communist Party (CCP) within its securities brokerage unit in the country, following media reports on...
HONG KONG (Reuters) – HSBC Holdings has appointed Antony Shaw to head up its Australian operations, according to a statement on Thursday.
(Reuters) – HSBC Holdings Plc has established a Chinese Communist party committee (CCP) within its securities brokerage unit in the country, Financial Times reported on Thursday, citing...
By Sumeet Chatterjee and Lawrence White HONG KONG/LONDON (Reuters) – HSBC Holdings Plc is set to speed up its exit from non-core markets and deploy additional capital in Asia, in a bid...
The former head of responsible investment and research at HSBC Asset Management sparked a debate on the value of ESG investing.
LONDON (Reuters) – Stuart Kirk, the global head of responsible investing at HSBC Asset Management, has resigned from his role, according to a post attributed to him on professional...
(Bloomberg) -- Signs are mounting that China’s economy shrank in the second quarter for the first time since 2020, placing the nation’s official statistics under fresh scrutiny as analysts...
"It's going to be a bumpy ride," HSBC's Frederic Neumann says, but the worst-case recession fears may be over the top.
LONDON (Reuters) – HSBC is in advanced talks to sell its Russian corporate lending business to Expobank, a source with knowledge of the matter told Reuters, as many major banks exit the...
By Selena Li HONG KONG (Reuters) – Hong Kong’s stock exchange said on Tuesday it had enlisted banks including HSBC and companies such as China’s Tencent to help it develop a global...
By Nupur Anand MUMBAI (Reuters) – HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused...
(Reuters) – European equities could see a drop between 6.4% and 8.5% in earnings per share this year compared to consensus estimates of a rise of more than 11%, HSBC said on Tuesday, as...
A snippet from HSBC on their euro outlook. Its chief merit for some is that it is not the USD, but with the market already fairly priced for hikes, the upside may be limited. ...
By Selena Li HONG KONG (Reuters) – The fund management arms of HSBC and Morgan Stanley were among three others to win a mandate from Taiwan’s largest pension manager to run Asia’s first...
(Bloomberg) -- Bond investors may already be pricing in the peak of the US rate cycle as concerns about a downturn mount, according to Steven Major, global head of fixed income research at ...
HONG KONG (Reuters) – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city’s central bank raising the base rate.
(Bloomberg) -- The Hong Kong Monetary Authority raised its benchmark interest rate for a third time this year, in line with US Federal Reserve’s tightening move.The central bank’s base rate...
By Sam Boughedda In a note to investors Wednesday, HSBC analyst Max Kettner said that they believe risk assets will still have to correct lower, and the firm remains firmly risk-off in its...
HSBC pushed some traders and bankers to hand over their phones so they could examine business messages on platforms such as WhatsApp earlier this year.
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