HSBC banking app trouble hampers shoppers on Black Friday
HSBC Holdings PLC (LSE:HSBA)'s banking app stopped working on Black Friday, leaving thousands of customers blocked out of their accounts, according to reports. The app outage affected customers' ...
HSBC hit by tech issues but Black Friday makes strong start
Black Friday is underway and initial indications are that sales have picked up compared to last year although for customers of HSBC is hasn't been a straightforward morning. The FTSE 100-listed le...
HSBC faces $5 billion headwind from falling rates, RBC downgrades
Shares in HSBC Holdings PLC (LSE:HSBA) are down 1.2% after RBC Capital Markets downgraded the Asian-focused bank belieiving now is a good time to take profits. Earnings momentum looks to have turne...
Is HSBC A Good Choice For Dividend Investors?
HSBC is the third largest company in FTSE 100 and it's the largest bank in the FTSE 100 by a considerable margin. Combination of size and yield puts HSBC in 22nd place on my list of top UK dividend...
HSBC Rides on Asia-Focused Strategy, Rates Amid Rising Costs
Focus on the Asia region, restructuring initiatives and a robust capital position are likely to support HSBC's financials. However, rising costs and lower revenue generation are headwinds.
HSBC on track to meet China wealth hiring target despite economic headwinds
HSBC is on track to meet a target of expanding its China wealth business headcount to 3,000 by 2025, despite the country's current economic headwinds, as it bets on a steadily rising number of the ...
HSBC's Max Kettner Says Be Long Tech Stocks and the US
Max Kettner, chief multi-asset strategist at HSBC, says the bearish scenario on markets and the US economy will continue to allow “pretty positive surprises” as he makes the case for a “Goldilocks-...
Tesla shares drop 5% after HSBC calls it a 'very expensive auto company'
Tesla stock fell about 5% on Thursday after HSBC initiative coverage of the company with a price target of $146 per share and a "reduce" rating.
TSLA Stock Price Prediction: Why HSBC Says Tesla Could Fall 30% From Here
Shares of electric vehicle (EV) maker Tesla (NASDAQ: TSLA ) are getting hit hard today, as the three major indices all bleed into the red in early afternoon trading. Shares of TSLA stock dropped ab...
There's a new Tesla bear in town: EV maker is a ‘very expensive company,' HSBC says
Wall Street on Thursday welcomed a new bear on Tesla Inc., with analysts at HSBC questioning the timing of the EV maker's projects and saying that “charismatic” Chief Executive Elon Musk is both an...
HSBC to build large personal banking business in India - country CEO
HSBC aims to further expand personal banking in India to serve the country's fast-growing pool of high-earning professionals, after the launch there in July of its private bank, its India CEO said ...
Hedge funds abandon their short positions as HSBC turns bullish on global equities
Back in February this year, the market was reckoning with the biggest short squeeze since the meme stock frenzy of 2021. Even bigger, actually: Global hedge funds were exiting their short positions...
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC said it is launching custody services for storing tokenized securities, digital versions of regulated assets like bonds that exist on the blockchain.
We're still expecting a weaker China growth forecast going into next year, says HSBC's Fred Neumann
Fred Neumann, Chief Asia Economist and Co-Head of Global Research at HSBC, discusses the outlook for China and the broader Asia economy.
2024 will be a another tough year for freight rates, HSBC says
Parash Jain of HSBC says "it's not entirely a function of demand," and attributes the challenges to supply-side headwinds.
Related Companies