|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||47.16 - 47.48|
|52 Week Range||46.55 - 55.89|
|PE Ratio (TTM)||20.08|
|Forward Dividend & Yield||2.55 (5.41%)|
|1y Target Est||54.32|
After a year laying the groundwork for his Karachi-based clothing company's expansion to Europe, businessman Abdul Aziz was poised to start delivery to British shops such as TK MAXX. More than 40 businesses have written to Reuters since last August to share their stories, many saying they were prompted to do so only after they felt they were being ignored by the bank.
After a year laying the groundwork for his Karachi-based clothing company's expansion to Europe, businessman Abdul Aziz was poised to start delivery to British shops such as TK MAXX. That was before HSBC ...
Hong Kong's securities regulator said on Thursday it had fined a local unit of HSBC Holdings Plc (HSBA.L) HK$9.6 million (938,707 pounds) for systemic deficiencies in its bond selling practices. A strong message had to be sent to the market to deter similar misconduct, the Securities and Futures Commission (SFC) said in a statement. The SFC said HSBC Broking Securities (Asia) did not conduct proper and adequate product due diligence on individual bonds before making recommendations to its clients, and did not have an effective system in place to assess its clients' risk profile and to ensure that its recommendations were suitable and reasonable.
July 19 (Reuters) - Hong Kong Securities and Futures Commission: * HONG KONG SECURITIES AND FUTURES COMMISSION SAYS IT REPRIMANDS AND FINES HSBC BROKING SECURITIES (ASIA) LIMITED HK$9.6 MILLION ($1.22 ...
HSBC Private Banking, Americas today announced the appointment of Carly McKeeman as Philanthropic and Family Governance Specialist. Based in New York, McKeeman will report to Heather Flanagan, Regional Head of Private Wealth Solutions for HSBC Private Banking, Americas.
Horizons works to change that. With the support of HSBC, Horizons National has launched three new Horizons programs in Chicago this summer. HSBC and Horizons make the announcement on the eve of National Summer Learning Day, an advocacy day aimed at elevating the importance of keeping kids learning, safe, and healthy during the summer break from school.
Politics: Trump Picks Judge, Other Judge Blocks Trump on Imprisoning Immigrant Children For Extended Periods United States President Donald Trump has picked his nominee for the Supreme Court, and his name is Brett Kavanaugh, a Washington D.C. district court judge. According to the Washington Post, Kavanaugh’s most recognizable positioning on issues is for strong executive […] The post Market Morning: Trump Picks Judge, Judge Blocks Trump, China Shoots, Brent Booms, Hard Brexit Looms? appeared first on Market Exclusive.
By Alasdair Reilly LONDON (LPC) - UK supermarket Sainsbury’s has agreed £3.5 billion of syndicated loans to back its proposed £7.3 billion acquisition of Walmart's Asda, the company said on Wednesday. ...
FRANKFURT (Reuters) - HSBC (HSBA.L) said on Tuesday it has hired Nicolo Salsano to lead its corporate and institutional client business in Germany. Salsano, who is joining from Chinese insurer Anbang , ...
Both lawsuits were filed against the Hongkong and Shanghai Banking Corp. Friday in U.S. Bankruptcy Court in New York, where China Fishery sought bankruptcy protection two years ago. According to lawyers for the trustee, William Brandt Jr., HSBC broke ranks with other lenders in 2015, petitioning for the appointment of a liquidator just as the fishery business was beginning to recover from a series of setbacks.
With the loss of so many community banks, it will not be surprising to see a group of business leaders come together to create a new Bay Area community bank. Community banks that have been swallowed, or about to be, include South San Francisco-based First National Bank of Northern California, San Mateo-based United American Bank and San Ramon-based Tri-Valley Bank. One community bank that remains independent and on a growth tear is Lafayette-based California Bank of Commerce, which said Friday that it debuted a new professional services division to serve clients in the legal, accounting, insurance brokerages and nonprofit sectors. The new division will be led by Colleen Atkinson, who’s coming back to the $909 million bank from HSBC Bank USA (NYSE: HSBC), which she had joined last year as a senior corporate banking manager focused on mid-sized corporate customers.
The banking sector — and bank stocks — saw an intriguing reversal in the 21st century. This trend reversed soon after the turn of the century and became more pronounced after the 2008 financial crisis. Beginning in the early 2000’s, interest-rate cuts gave bank stock investors dividend yields that exceeded the rates depositors earned in interest.
WallStEquities.com has selected the following Foreign Money Center Banks stocks for assessment this morning: Barclays PLC (NYSE: BCS), Credit Suisse Group AG (NYSE: CS), East West Bancorp Inc. (NASDAQ: EWBC), and HSBC Holdings PLC (NYSE: HSBC).
Quantexa will target clients in sectors including financial services, oil and gas, government, telecommunications and transportation, CEO Vishal Marria told the Business Journal.
HSBC this week introduced the humanoid helper at a branch in New YorkMaria LaMagna/MarketWatchPepper the robot can help customers with simple transactions. Would you be more likely to visit your bank branch if a robot were there to greet you? On Tuesday, HSBC (HSBC) announced a bold new strategy to attract customers, starting at a branch in New York on Fifth Avenue.
Use of artificial intelligence and other latest technology including robots will likely help banks to enhance client experience and grow business.
HSBC executives are posting seven of the robots, created by SoftBank Robotics, in the lobby of their Fifth Avenue branch. In one demonstration, after pitching a credit card and summoning a human colleague to help close the deal, Pepper the robot danced hypnotically to a techno beat. If the machines help improve users' experiences, the bank will roll them out to more of its 228 U.S. branches.
HSBC Holdings Plc announced that former Royal Bank of Scotland Group Plc Finance Director Ewen Stevenson will succeed Iain Mackay who is retiring after 11 years with the firm. Bloomberg's Stephen Morris ...
Ewen Stevenson, currently chief financial officer of the Royal Bank of Scotland (RBS.L), is to become finance director of Britain's HSBC (HSBA.L), HSBC said on Monday. Stevenson will replace Iain Mackay who is retiring. HSBC CEO John Flint described Stevenson as a "strategic thinker" and "accomplished expert" in his field.
Ewen Stevenson, currently chief financial officer of the Royal Bank of Scotland, is to become finance director of Britain's HSBC, HSBC said on Monday. Stevenson will replace Iain Mackay who is retiring. HSBC CEO John Flint described Stevenson as a "strategic thinker" and "accomplished expert" in his field.
June 25 (Reuters) - HSBC Holdings Plc: * HSBC GROUP FINANCE DIRECTOR * IAIN MACKAY WILL RETIRE FROM HSBC * MACKAY TO BE SUCCEEDED AS EXECUTIVE DIRECTOR AND GROUP FINANCE DIRECTOR BY EWEN STEVENSON Source ...
HSBC Holdings plc (LON:HSBA) saw significant share price volatility over the past couple of months on the LSE, rising to the highs of £7.46 and falling to the lows ofRead More...