Archive for Tag: HSBC Market update

HSBC Holdings

HSBC names Asia co-heads for commercial banking business

HSBC Holdings (NYSE:HSBC) is trading up 0.10% at 434.65 HSBC Holdings (NYSE:HSBC)PLC appointed two executives to run its Asia Pacific commercial banking business as the London-headquartered lender steps up its focus on the region to boost growth. Amanda Murphy, currently the head of its commercial banking business in Britain,...

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HSBC joins investors reckoning worst is over in China

HSBC is trading up 0.47% at 445.15 Analysts at Europe’s biggest bank HSBC have turned bullish on Chinese stocks, arguing the worst of a regulatory storm has passed and that Beijing will provide policy support to arrest slowing growth. HSBC said on Tuesday it had upgraded its recommendation on...

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European Stock Futures Steady; HSBC Results Impress

European stock markets are expected to open in a steady manner Monday, with investors weighing strong results from banking giant HSBC as well as China’s latest Covid-19 outbreak. At 2:10 AM ET (0610 GMT), the DAX futures contract in Germany traded 0.1% lower, while CAC 40 futures in France...

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HSBC snaps up Axa Singapore assets for $575 million in Asia expansion

HSBC Holdingsis trading down 1.34% at 406.00 HSBC Holdings has agreed to acquire French insurer Axa’s Singapore assets for $575 million, part of its strategy of scaling up its wealth-management business in Asia to boost fee income. HSBC said in a statement that the combined unit comprising HSBC Life...

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HSBC doubles profit, hints at share buybacks as bad loan fears ease

HSBC Holdingsis trading up 1.37% at 102.57 HSBC Holdingsbeat forecasts on Monday with first-half pre-tax profit that more than doubled from last year when it set aside $7 billion to cover pandemic-related bad loans. Encouraged by an economic rebound in its two biggest markets of Hong Kong and Britain,...

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Top 5 Stocks To Watchout & Trade Today – August 02, 2021

1.HSBC : HSBC Holdings beat forecasts on Monday with first-half pretax profit that more than doubled from last year when it set aside a huge amount of cash to cover pandemic-related bad loans. Encouraged by an economic rebound in its two biggest markets of Hong Kong and Britain, HSBC...

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Top 5 Stock To Trade Today 27 May 2021 | Capital Street Fx

1.WALMART :-Gap Inc is launching a new brand of home products that will be sold exclusively on Walmart’s website in June, the companies said on Wednesday, as the apparel retailer looks to diversify its business. The home goods market has boomed over the past year as the COVID-19 pandemic...

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