Valuation-wise, China is trading at a 24% discount to emerging markets, HSBC says
Steven Sun, head of China equity strategy at HSBC, says that applies "particularly to India."
Lloyds subsidiary cuts mortgage rates after HSBC unveils sub-4% deal
Lloyds Banking Group PLC (LSE:LLOY) subsidiary Halifax has cut rates on residential mortgages after HSBC Holdings PLC (LSE:HSBA) began offering deals with sub-4% interest on Wednesday. Halifax anno...
HSBC warns another ‘reverse Goldilocks' may soon hit stocks and junk bonds
Minutes from the last Federal Open Market Committee meeting released Wednesday showed that the central bank expected to make interest rate cuts this year but hadn't seriously deliberated on the tim...
HSBC Holdings (HSBC) Plans to Launch Global Payments App Zing
In sync with its plan to become a leading financial institution for internationally mobile customers, HSBC Holdings (HSBC) will launch a global money-transfer app, Zing, in the coming days.
HSBC is the most expensive bank for hidden fees, says Wise
Wise PLC (LSE:WISE) chief executive Kriso Käärmann gave a sneak peak into January's UK Hidden Fees Report, citing HSBC Holdings PLC (LSE:HSBA) as joint first with NatWest as the most expensive bank...
First look at HSBC's Wise competitor Zing
HSBC has thrown its hat in the foreign exchange ring with the announcement of Zing, a forex app aimed squarely at a market dominated by disruptive tech platforms Wise PLC (LSE:WISE) and Revolut. Di...
HSBC completes delayed sale of French retail business
HSBC Holdings PLC (LSE:HSBA) has announced the sale of its French retail banking business several years after the deal was originally proposed. My Money Group subsidiary Crédit Commercial de France...
HSBC completes sale of retail banking business in France
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France to CCF, a subsidiary of My Money Group, the British lender said in a statement on Monday.
HSBC anticipates closing sale of Canadian operations to RBC in early 2024
HSBC Holdings PLC (LSE:HSBA) expects the $13.5 billion sale of its Canadian operations to the Royal Bank of Canada (TSX:RY) (RBC) to close in the first quarter of 2024 after the transaction won the...
HSBC adds US stock analysts to serve wealthy clients
HSBC expanded its Americas equity research team to 24 people this year, adding to its coverage of U.S. stock markets for wealthy clients, the bank said on Tuesday.
HSBC's Major: 10-Year Yields Will Struggle to Get Much Above 4%
HSBC Global Head of Fixed Income Research Steven Major discusses the outlook for Federal Reserve policy, the US economy and Treasury yields. A perennial bond bull, Major sees the yield on the US 10...
Markets have 'very aggressive assumptions' about Fed rate cuts next year, says HSBC
Fred Neumann, chief Asia economist and co-head of global research at HSBC, says "it's not clear that the Fed can really deliver the extent that's priced in."
HSBC to Further Engage in Mergers, Disposals for Asia Expansion
HSBC is looking for mergers, along with the disposal of unprofitable units in Asia, as part of its plan to expand its footprint in the region and serve its wealthy clients.
'Bonds are back' as markets enter a 'new paradigm,' says HSBC Asset Management
Markets have entered a "new paradigm" as the global order fragments, while heightened recession risk means "bonds are back," according to HSBC Asset Management.
Porsche vs Ferrari stock: HSBC analyst picks a side
Ferrari NV (BIT: RACE) has rallied close to 70% in 2023 but an HSBC analyst is convinced that it's as far as the stock goes for now. Ferrari stock receives a downgrade Michael Tyndall downgraded th...
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