Latest News of HSBC
HSBC UK to open luxury wealth centre in St James's
By Yahoo! Finance |
1 day ago
HSBC UK is set to open a luxury wealth center in St James's, London, in 2025, providing a premium environment for Premier and Private Banking clients....
HSBC to open London 'wealth centre' in effort to draw in premier clients
By The Guardian |
3 days ago
HSBC is launching a wealth center in Mayfair for affluent clients, offering personalized banking services and exclusive events. This move is part of a broader strategy to attract wealthy customers, wi...
HSBC to sack hundreds of top bankers in scramble to cut costs
By Yahoo! Finance |
4 days ago
HSBC is cutting costs by laying off senior bankers, prompting reapplications for jobs. The bank aims to streamline its corporate and institutional banking division, reducing roles to improve efficienc...
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HSBC UK staff working with Scouts to help youngsters learn money skills
By Yahoo! Finance | 5 days agoHSBC UK employees are teaming up with Beaver and Cub Scouts to improve financial literacy skills, aiming to reach over 14,500 Scout groups in the UK. The collaboration has resulted in over 150,000 you...
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HSBC Upgrades Fortinet, Inc. (FTNT) to 'Buy' and Raises Price Target to $111 After Strong Q3 Earnings and Positive Outlook
By Yahoo! Finance | 1 week agoFortinet, Inc. (NASDAQ:FTNT) is one of the AI stocks not to be overlooked. The AI market is growing rapidly, with projections showing a valuation of $780-$990 billion by 2027. Investing in AI early is...
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HSBC Qianhai launches margin financing for HNW and UHNW China clients
By Yahoo! Finance | 1 week agoHSBC Qianhai Securities introduces margin financing for high-net-worth and ultra-high-net-worth clients in mainland China, enhancing its wealth management services. This initiative aligns with HSBC's ...
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HSBC, Barclays and StanChart jostle for US banking riches, unruffled by White House race
By Yahoo! Finance | 3 weeks agoHSBC, Barclays, and Standard Chartered are aiming to capitalize on the growing U.S. commercial banking sector as American companies seek international expansion support. The UK banks see opportunities...
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Chinese market regulator grants HSBC domestic fund custody licence
By Yahoo! Finance | 3 weeks agoHSBC China receives a domestic fund custody license from CSRC, enhancing its securities services business. The license allows HSBC to offer custody services to onshore funds, boosting its presence in ...
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HSBC Holdings ADR Earns Relative Strength Rating Upgrade
By Investor's Business Daily | 3 weeks agoIBD's RS Rating indicates a stock's performance compared to others. Look for stocks with RS Rating over 80 for potential growth. Evaluate HSBC Holdings ADR for strong price movement. Understand when t...
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HSBC chief denies plot to break up bank amid growing East-West tensions
By Yahoo! Finance | 3 weeks agoHSBC's CEO denies plans to split the bank amid geopolitical tensions. The restructuring aims to simplify operations, not divide the bank. The bank reported a 10% increase in third-quarter profits. CEO...
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HSBC to spend US$3 billion on stock buy-back as third quarter results beat forecast
By Yahoo! Finance | 3 weeks agoHSBC's net profit increased by 9% to US$6.13 billion in the quarter, exceeding expectations. CEO Georges Elhedery highlighted strong revenue growth, particularly in wealth and wholesale transaction ba...
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HSBC to start cutting top banker roles as it reveals jump in profit
By Yahoo! Finance | 3 weeks agoHSBC plans to reduce senior banker roles to cut costs following a 10% profit increase. The bank will restructure by forming "eastern markets" and "western markets", aiming for a simpler and faster org...
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HSBC launches $3bn share buyback as profits beat forecasts
By The Guardian | 3 weeks agoHSBC, a London-based bank, exceeded profit expectations in Q3, enabling a significant stock buyback amid plans for a major restructuring under new CEO, Georges Elhedery. The bank's strong performance ...
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HSBC's third-quarter profit tops estimate, launches $3 billion buyback
By Reuters | 3 weeks agoBy Selena Li and Lawrence WhiteHONG KONG/LONDON (Reuters) -HSBC Holding posted a 10% rise in third-quarter profit on Tuesday, beating analyst estimates, as its wealth and wholesale banking benefited ...
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HSBC reports $8.5 billion pre-tax profit in third quarter
By Yahoo! Finance | 3 weeks agoHSBC reported a 10% rise in pre-tax profit in Q3, driven by revenue growth in wealth management and global banking divisions. Under new CEO Elhedery, the bank is restructuring to simplify its operatio...