HSBC

City Of London Firms Order Workers Back To The Office

Goldman Sachs and HSBC are among those making the move as Covid restrictions are eased
Related topics: United Kingdom, London, Goldman Sachs

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Hsbc (lon:hsba) Hits New 1-year High At $518.30

HSBC Holdings plc (LON:HSBA)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 518.30 ($7.07) and last traded at GBX 517.30 ($7.06), with a volume of 1524278 shares trading hands. The stock...

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Allianz (fra:alv) Given A €281.00 Price Target At Hsbc

Allianz (FRA:ALV) has been given a €281.00 ($319.32) target price by HSBC in a report issued on Monday, Borsen Zeitung reports. HSBC’s price objective indicates a potential upside of 24.36% from the company’s previous close. ALV...

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Zur Rose Group (otcmkts:zrsef) Coverage Initiated At Hsbc

HSBC assumed coverage on shares of Zur Rose Group (OTCMKTS:ZRSEF) in a report released on Tuesday morning, The Fly reports. The brokerage issued a reduce rating on the stock. Several other analysts have also recently issued reports on the company....

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Hsbc Investment Bank Co-head To Take 6-month Sabbatical

Georges Elhedery will take break from running global trading arm for ‘personal development and growth’
Related topics: Banking

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Hsbc Mulls Raising Stake In China Securities Joint Venture

Almost a week after getting the regulatory nod to acquire full ownership of its China life insurance joint venture (JV), HSBC Holdings HSBC is now planning to increase its stake in the securities JV – HSBC Qianhai Securities Limited– in...
Related topics: China

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Hsbc Gets Nod To Buy Remaining Stake In China Life Insurance Jv

HSBC Holdings plc HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% stake in its China life insurance joint venture (JV) — HSBC Life Insurance Company Limited. Notably,...
Related topics: China, Banking

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Wells Fargo (wfc), Hsbc To Use Blockchain Solution For Fx Deals

Wells Fargo & Company WFC and HSBC Bank plc have come together to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. This marks Wells Fargo’s debut in utilizing...
Related topics: Wells Fargo, Blockchain, Banking

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Hsbc And Wells Fargo To Settle Currency Trades With Blockchain

The two banks will cut out CLS from dollar, euro and sterling transactions
Related topics: Wells Fargo, Blockchain, Banking

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Barclays, Hsbc & Others Fined By Eu Over Forex Trading Cartel

Four banks — Barclays PLC BCS, Credit Suisse Group AG CS, HSBC Holdings plc HSBC and NatWest Group plc NWG — have been fined 344 million euros ($390 million) by the European Union (“EU”) antitrust regulators for manipulating...
Related topics: Barclays

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Danone (otcmkts:danoy) Receives “hold” Rating From Hsbc

HSBC reaffirmed their hold rating on shares of Danone (OTCMKTS:DANOY) in a research note released on Tuesday, The Fly reports. DANOY has been the topic of a number of other research reports. Royal Bank of Canada reiterated an underperform rating...
Related topics: Canada

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The Zacks Analyst Blog Highlights: Coca-cola, Shopify, Advanced Micro Devices, T-mobile And Hsbc...

For Immediate ReleaseChicago, IL – December 2, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial...
Related topics: Advanced Micro Devices (AMD)

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Is Hsbc Really The Right Bank To Lead The World Toward A Greener Future?

The UK-based lender, which has one of the longest rap sheets in global finance, is one of a number of big banks helping to make the rules of global finance greener. 
Related topics: Banking, United Kingdom

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Hsbc Might Re-enter India Private Banking, Exceeds China Hires

HSBC Holdings plc HSBC, which has continuously been making efforts to expand its presence in the growing Asia markets, is already ahead of its hiring targets for the China retail wealth management business. Thus, now, the bank is contemplating...
Related topics: India, Banking, China

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Hsbc (hsbc) Is Up 0.17% In One Week: What You Should Know

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of...

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Hsbc Q3 Pre-tax Earnings Jump, $2b Buyback Program Announced

HSBC Holdings HSBC reported third-quarter 2021 pre-tax profit of $5.4 billion, up 75.8% from $3.1 billion recorded in the prior-year quarter.The company’s shares on the NYSE gained almost 1% in the pre-market trading on an upbeat outlook and...
Related topics: Taxes, US Equity Markets

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The Zacks Analyst Blog Highlights: Walmart, Intel, Hsbc, Uber And Lam Research

For Immediate ReleaseChicago, IL – October 7, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial...
Related topics: Wal-Mart Stores, Intel

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Hsbc Bet The Bank On China, Now It’s Paying The Price

The bank is heavily exposed to Evergrande and the Chinese real estate market. And it's trapped in the middle of an escalating economic war between the world's two superpowers
Related topics: Banking, China

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Hsbc's Global Wallet Adds New Currencies To Expanded Platform

HSBC Holdings plc’s HSBC U.S. division, HSBC USA, recently announced enhancing the currency offerings on its multi-currency digital wallet — HSBC Global Wallet. The wallet will now also enable the existing and new Business Banking...
Related topics: Banking

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Why Carnival Stock Dropped Today

Shares of Carnival (NYSE: CCL) (NYSE: CUK) stock are down 2.1% as of 10:20 a.m. EDT on a day of mixed news for the cruise line company.The good news for Carnival today is that investment bank HSBC has just raised its price target on the stock to...
Related topics: US Equity Markets, Banking

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