LSE - Delayed Quote GBp

HSBC Holdings plc (HSBA.L)

661.90

-1.70

(-0.26%)

At close: 5:51 PM GMT+1

HSBC says growing Chinese wealth fuels client investments in US

HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas. China's economic growth remains strong relative to other nations, and its wealthy citizens are focused on overseas investments, Roberts told Reuters in an interview. “Chinese investors are becoming very sophisticated," he said.

Reuters yesterday

HSBC
Best UK mortgage deals of the week

Find out the latest mortgage rates and deals from HSBC, NatWest, Santander, Barclays and more.

Yahoo Finance UK yesterday

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Best UK banks for online and mobile security revealed

Banking customers could be exposed to scammers as online and mobile security risks highlighted.

Yahoo Finance UK yesterday

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Which? urges banks to address online security ‘loopholes’

With many people increasingly banking online or on their phones, it is crucial that security protections are up to scratch, Which? said.

PA Media: Money yesterday

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HSBC
HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards

NEW YORK, April 23, 2024--HSBC today announced the opening of its flagship wealth center at The Spiral in New York City’s Hudson Yards neighborhood. The new center is a key part of the bank’s wealth management strategy and will include wealth advisors dedicated to supporting high-net worth and ultra-high-net worth clients with a focus on individuals and families with international ties. The new flagship wealth center is part of a network of strategically positioned wealth centers across the U.S.

Business Wire 2 days ago

HSBC
Mortgage lenders hike interest rates as market jitters set in

The moves come as bets ramp up on the timing for Bank of England interest rate cuts, with forecasters predicting a fall of 75bps by the end of 2024.

Yahoo Finance UK 3 days ago

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Body Shop collapse triggered by buyer’s failure to refinance loan

The Body Shop collapsed after HSBC withdrew a line of credit and the chain’s private equity buyer failed to secure new funding, The Telegraph can reveal.

The Telegraph 6 days ago

HSBC
REFILE-WRAPUP 4-Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects. Morgan Stanley is cutting at least 50 investment banking jobs in the region starting this week, three sources with knowledge of the matter said, affecting around 13% of the Wall Street bank's Asia investment banking workforce of 400.

Reuters 8 days ago

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CORRECTED-WRAPUP 2-Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs on deal slowdown

Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects. Morgan Stanley is cutting at least 50 investment banking jobs in the region starting this week, three sources with knowledge of the matter said, affecting around 13% of the Wall Street bank's Asia investment banking workforce of 400.

Reuters 8 days ago

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Insurers impose 'tax on being poor' through monthly price hike, says Which?

Which? asked 39 car insurers and 34 home insurers what annual percentage rates were being applied to monthly payments.

Yahoo Finance UK 8 days ago

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Why HSBC Stock Got Rocked Today

The investment-banking sector across the Pacific Ocean isn't exactly thriving.

Motley Fool 8 days ago

HSBC
Chinese Developer Sinks After HSBC Subsidiary Files Liquidation Petition

A subsidiary of HSBC wants to liquidate debt-troubled Times China, in another instance of creditors seeking to recoup funds from developers amid China’s protracted property slump.

The Wall Street Journal 9 days ago

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HSBC, Barclays Making Markets for Thames Water Short Bets

(Bloomberg) -- Credit traders at Barclays Plc and HSBC Holdings Plc are among those making a market for clients to bet against the debt of Thames Water amid an escalating crisis at the UK’s largest water utility. Most Read from BloombergApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudIsrael Bracing for

Bloomberg 13 days ago

HSBC
HSBC Joins Firms Exiting Argentina Amid Milei Economic Makeover

(Bloomberg) -- Argentine President Javier Milei is trying to draw foreign investment to help stabilize a faltering economy. Some big international companies are abandoning the country instead.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Sees Missile Strike on Israel By Iran, Proxies as ImminentUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-Pivot Rethink and War Jitt

Bloomberg 15 days ago

HSBC
Thai Central Bank Holds Rate, Deepening Rift With Government

(Bloomberg) -- Thailand’s central bank left interest rates unchanged Wednesday, underlining the limits of monetary policy to support economic growth especially when fiscal settings are loose.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will Get StuckChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China ShiftBond Trader Places Record Futures Bet on Eve

Bloomberg 15 days ago

HSBC
HSBC to host next investment summit in early 2025 after resounding success of 'Hong Kong is back' pitch

HSBC plans to host another global investment summit within the first four months of 2025 in the city, after this year's sell-out inaugural conference drew 3,500 attendees, an overwhelming success that CEO Noel Quinn said was proof that "Hong Kong is back". The bank hosted more than 5,000 meetings over three days for attendees and customers from over 40 countries, Quinn said during a post-conference interview on Wednesday. The attendance, right after the Cathay/HSBC Hong Kong Sevens rugby tournam

South China Morning Post 15 days ago

HSBC
PRESS DIGEST-Financial Times - April 10

HSBC has agreed to sell its business in Argentina to domestic lender Grupo Financiero Galicia for $550mn as it exits a market where its business has been affected by hyperinflation and a volatile currency. - Rupert Murdoch's UK newspaper empire has incurred fresh costs of more than 51 million pounds ($64.64 million) related to claims made in the phone hacking scandal against The Sun and now-defunct News of the World.

Reuters 15 days ago

HSBC
Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal

Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lending in the South American nation. The local financial group's chief executive Fabian Kon told Reuters after the HSBC deal was confirmed that Milei's pro-market approach and tough fiscal policies should benefit the banking sector and help bring down inflation running over 275%. "As Argentina converges to lower inflation rates and lower interest rates you will see an explosive increase in credit," he said in a phone interview.

Reuters 15 days ago

HSBC
Thames Water collapse fears spread to rivals

Turmoil at Thames Water has triggered a wider sell-off in bonds across the utility industry as investors turn their attention to debt burdens at rivals.

The Telegraph 15 days ago

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Stocks to Watch Tuesday: Blackberry, Tesla, BP

**Blackberry (BB)**, **(CA:BB)**: The company's stock rose after it announced a robotics-systems partnership with chipmaking giant Advanced Micro Devices (AMD). **Norfolk Southern (NSC)**: The company agreed to a $600 million settlement in relation to the Ohio train derailment of February 2023.

The Wall Street Journal 16 days ago

HSBC

BP

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Performance Overview

Return	HSBA.L	FTSE 100
YTD	+9.71%	+4.47%
1-Year	+26.46%	+2.11%
3-Year	+88.45%	+16.43%

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HSBC Holdings plc (HSBA.L)

HSBC says growing Chinese wealth fuels client investments in US

Best UK mortgage deals of the week

Best UK banks for online and mobile security revealed

Which? urges banks to address online security ‘loopholes’

HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards

Mortgage lenders hike interest rates as market jitters set in

Body Shop collapse triggered by buyer’s failure to refinance loan

REFILE-WRAPUP 4-Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

CORRECTED-WRAPUP 2-Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs on deal slowdown

Insurers impose 'tax on being poor' through monthly price hike, says Which?

Why HSBC Stock Got Rocked Today

Chinese Developer Sinks After HSBC Subsidiary Files Liquidation Petition

HSBC, Barclays Making Markets for Thames Water Short Bets

HSBC Joins Firms Exiting Argentina Amid Milei Economic Makeover

Thai Central Bank Holds Rate, Deepening Rift With Government

HSBC to host next investment summit in early 2025 after resounding success of 'Hong Kong is back' pitch

PRESS DIGEST-Financial Times - April 10

Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal

Thames Water collapse fears spread to rivals

Stocks to Watch Tuesday: Blackberry, Tesla, BP

Performance Overview