HSBC HOLDINGS PLC-SPONS ADR (HSBC) Stock News
NYSE:HSBC - New York Stock Exchange, Inc. - US4042804066 - ADR - Currency: USD
HSBC Latest News, Press Relases and Analysis
Pay soars at Barclays and HSBC after end of UK banker bonus cap
One HSBC banker was paid up to £16.6m in 2024 while figure at Barclays was £14.8m after loosening of pay rules
Former HSBC CEO Quinn to join Julius Baer as chairman in May
Former HSBC CEO Noel Quinn will join Swiss wealth manager Julius Baer Group as its next chairman in May, pending shareholder approval, according to a company statement on Friday. The board of directors at Julius Baer will nominate Quinn for election as its new non-executive chairman at the annual general meeting on April 10, replacing Romeo Lacher, who is not seeking re-election. Quinn, a British banking veteran who turned 63 in January, will assume his new role on May 1 due to prior commitments
Synopsys prepares about $10 billion bond sale to finance Ansys deal, Bloomberg News reports
The company asked Bank of America, HSBC Holdings and JPMorgan Chase to organise a series of fixed-income investor calls on Friday, the report stated, citing a different source. Synopsys, JPMorgan and HSBC did not immediately respond to Reuters' requests for comment, while Bank of America declined to comment.
Synopsys Preparing Around $10 Billion Bond Deal for Next Week
Synopsys Inc. is looking to sell around $10 billion of bonds as soon as next week to help finance its $34 billion acquisition of software maker Ansys Inc., according to people with knowledge of the matter.
HSBC’s Major Sees US 10-Year Through 4% in a Few Weeks
Ex-HSBC CEO Noel Quinn Close to Be Named Julius Baer Chairman
Julius Baer Group Ltd. is set to name ex-HSBC Holdings Plc Chief Executive Officer Noel Quinn as its next chairman, according to people familiar with the matter, in a high-profile win for the Swiss private bank.
Not Just China: 3 European Stocks Gaining Investor Interest
This article introduces readers to four European stocks seeing sharp increases in share value or higher trading volume since the threat of tariffs.
Wealthiest Investors Spread a Wider Net in Drive for Global Diversification
Markets Survive Lackluster Nvidia Results; Trump Deepens Tariff Confusion | Bloomberg Brief 02/27/25
Stock futures gain after US equities snapped a four-day losing streak followed by Nvidia's mixed outlook after around two years of blow-out results. President Trump gave mixed signals as to the schedule of some tariffs, while India is said to be discussing lowering levies on US imports to avoid reciprocal tariffs. The confusion around tariffs is creating a lot of disruption and will lead to an economic slowdown, UBS's Paul Donovan says. Priya Misra of JPMorgan thinks the Fed may start talking about cuts if a slowdown comes. Nvidia needs to regain its earnings momentum through better pricing, says Frank Lee of HSBC. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)
HSBC Says It’s Time to End ‘Negative Bias’ on Fossil Fuels
(Bloomberg) -- The new head of sustainability at HSBC Holdings Plc says the time has come for banks to stop penalizing clients that have a large carbon footprint.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis EasesJul
Exclusive-HSBC cutting staff numbers by 900 at China Pinnacle unit, sources say
HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country. Pinnacle was launched in 2020 and sells insurance and fund products through a digital platform in China. The reversal underscores the challenges the Asia-focused bank faces to boost growth and profitability in China at a time when it is slashing costs to boost returns.
HSBC says bias against fossil fuels must end
HSBC has said banks need to stop penalising clients with large carbon footprints amid a wider backlash against green finance.
HSBC Says It’s Time to End ‘Negative Bias’ Toward Fossil Fuels
The new head of sustainability at HSBC Holdings Plc says the time has come for banks to stop penalizing clients that have a large carbon footprint.
Home Depot upgraded, Flywire downgraded: Wall Street's top analyst calls
Home Depot upgraded, Flywire downgraded: Wall Street's top analyst calls
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC is also phasing out its use of the general manager titles that was given to most senior staff.
HSBC Names Asia Country, Banking Heads in CEO’s Major Revamp
HSBC Holdings Plc gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers.
Wall Street Bankers Race to Grab Slice of $5 Billion CATL Deal
A lack of recent multibillion dollar deals made the race for a role on CATL’s Hong Kong listing even more competitive, despite low fees for bankers and a US blacklisting hanging over the world’s biggest battery maker.
Hong Kong raises ESG disclosure standards for MPF managers
Hong Kong's pension regulator said money managers would need to raise their disclosure standards on environment, social and governance (ESG) funds to help contributors understand their risk management and investment strategies The 12 participating fund managers, or trustees, including HSBC and Manulife, should improve the transparency levels on ESG-related reporting in their pension schemes, the Mandatory Provident Fund Schemes Authority (MPFA) said on Monday. The trustees must clearly state ESG
City traders ran cartel via Bloomberg terminals that ripped off taxpayers
City traders ran a cartel through Bloomberg chatrooms in an attempt to fix UK bond prices, the competition watchdog has found.
UK Bank Bosses Enjoy Bumper Pay After ‘Grotesque’ Bonus Cap Ends
The bosses of the UK’s biggest banks are for the most part enjoying bumper pay days, with some looking forward to even bigger maximum awards as the country lifts its cap on variable remuneration.
HSBC upgrades Unity shares after earnings beat, calls for more than 20% upside ahead
Unity Software shares may have even more room to run after its recent post-earnings gain, according to HSBC.
Four Banks Settle UK Gilts Collusion Case For £104 Million
Four major banks will pay fines totaling over £100 million ($127 million) to settle an antitrust cases for collusion by their traders, who shared sensitive information in chatrooms about buying and selling gilts after the 2008 financial crisis.