|Bid||40.30 x 800|
|Ask||40.69 x 1000|
|Day's Range||40.34 - 40.72|
|52 Week Range||38.23 - 50.77|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||12.83|
|Forward Dividend & Yield||4.20 (10.23%)|
|1y Target Est||42.57|
HSBC has signed a deal to offer BlackRock's Aladdin investment management software to the bank's wealthy customers, in a boost to the U.S. asset manager's plans to squeeze money from technology by selling it to rivals. Aladdin began as an internal tool at BlackRock before becoming the linchpin of Chief Executive Larry Fink's plan to increase revenues from technology. It is used by investment managers to help to oversee risks and make investment decisions.
HSBC Global Asset Management said on Thursday it has hired Fay Hendon as head of UK Intermediary Business Development unit. Hendon, who most recently was managing the advisory sales team at Aviva Investors, ...
HSBC Bank USA, N.A., (HSBC), part of HSBC Group, one of the world’s largest banking and financial services organizations, today announced the launch of new financial wellness offerings to benefit individuals, corporate partners and community organizations. The bank launched the HSBC Financial Wellness Center powered by EVERFI, a leading education technology company.
UBS Group (UBS) is required to pay penalty to Financial Conduct Authority for failing to provide proper information of about 135.8 million transactions for about a decade.
Although State Development & Investment Corp.’s withdrawal is in line with the country’s ambition to use less coal and more cleaner fuels, it doesn’t mark a broader shift from the cheap and plentiful energy source that will provide the bulk of China’s power for years to come. In its battle against smog-filled skies, the world’s biggest coal consumer is seeking to bolster use of natural gas and is spending more on renewable energy than any other country. “China will continue to be a main coal consumer and investor in the coming decade” and it isn’t retreating from the fuel, said Tian Miao, a Beijing-based analyst at Everbright Sun Hung Kai Co.
HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalising its investment banking franchise. After another year of underwhelming performance in 2018, HSBC's management team - bolstered by new finance chief and ex-investment banker Ewen Stevenson - are plotting a push to recover ground lost to rivals, with a revamp of its trading floor seen as top priority, sources close to HSBC said. Samir Assaf, chief executive of global banking and markets, distributed a memo last Monday pointing out the significant rise in the number of women promoted this year.
HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise. After another year of underwhelming performance in 2018, HSBC's management team - bolstered by new finance chief and ex-investment banker Ewen Stevenson - are plotting a push to recover ground lost to rivals, with a revamp of its trading floor seen as top priority, sources close to HSBC said. Samir Assaf, chief executive of global banking and markets, distributed a memo last Monday pointing out the significant rise in the number of women promoted this year.
March 15 (Reuters) - 0005.HK: * HSBC - FOR ANY NEW EXECUTIVE DIRECTOR, CASH IN LIEU OF PENSION ALLOWANCE WILL REDUCE TO 10% OF BASE SALARY FROM ITS CURRENT LEVEL OF 30% * HSBC - GROUP REMUNERATION COMMITTEE ...
has cut the pay of its top executives after caving in to pressure from investors over the amount of cash it pays to its leaders instead of a pension contribution. Executive directors at the bank will have the amount of money they are entitled to in lieu of a pension contribution reduced to 10 per cent of their base salary, down from 30 per cent, the bank said. The reduction will bring executive pay in line with the average pension contribution of bank employees, which is about 9 per cent of their salary.
A federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits ...
HSBC Bank USA, N.A., (HSBC), part of HSBC Group, one of the world’s largest banking and financial services organizations, and SoftBank Robotics America (SBRA), the North American arm of SoftBank Robotics Group, today announced the launch of Pepper®, the engaging, social humanoid robot, in its Seattle branch. “Seattle is one of the two top tech markets in the nation making it a natural landing pad for us to launch Pepper in the Pacific Northwest,” said Pablo Sanchez, Head of Retail Banking and Wealth Management for HSBC in the US and Canada.
Former top banker Cate Luzio quite her job to help women advance their careers. Here's how she's getting women from the middle to the top.
Tentative talks have begun between Deutsche Bank (DB) and Commerzbank as the companies explore strategic options aimed at supporting their financial performance.
Foreign banks are being enticed to expedite their process of entering China markets as the country sets rules to strengthen its wealth management industry's risk practices.
HSBC Bank USA, N.A. (HSBC) and SoftBank Robotics America (SBRA), the North American arm of SoftBank Robotics Group, today announced they will begin a larger rollout of Pepper®, the engaging, social humanoid robot, to HSBC branches nationwide, starting in its iconic Beverly Hills location. As such, we’re excited to be able to bring a digitally enhanced retail banking experience to our customers in Beverly Hills,” said Pablo Sanchez, Regional Head of Retail Banking and Wealth Management (RBWM) for HSBC in the U.S. and Canada.
Rating Action: Moody's takes rating actions on seven Omani banks. Global Credit Research- 07 Mar 2019. Rating actions follow downgrade of the Omani government rating to Ba1.
HSBC has launched a portal designed to allow third party payment providers to develop products and services for European consumers and businesses as required by the Second European Payment Services Directive and in line with the Competition and Markets Authority Open Data Specifications.
Holdings PLC (HSBC) shareholders representing $1 trillion in assets either under management or stewardship have called on HSBC Bank to stop financing coal power projects in Bangladesh, Vietnam and Indonesia. The action follows several successful investor engagements on climate change, which saw coal producer Glencore PLC (GLEN.LN) recently agree to limit its production of the fossil fuel.
Junior Achievement USA® (JA) today announced that it will honor HSBC Bank USA, N.A., and HSBC Holdings plc with a Gold level 2017-2018 U.S. President's Volunteer Service Award for providing at least 15,000 volunteer hours to local JA offices during the 2017-2018 school year. The U.S. President's Volunteer Service Award will be presented to 44 organizations at an awards ceremony and celebration event at the New York Stock Exchange during the JA Volunteer Summit on March 12, 2019 in New York City.
The judge took the rare step of shutting down the trial of Robert Bogucki before it reached a jury. The ruling in favor of the head of Barclays foreign-exchange trading in New York is a setback for U.S. prosecutors who’ve struggled in a broader crackdown targeting individual bankers for currency market manipulation.