HSBC HOLDINGS PLC-SPONS ADR (HSBC)
US4042804066 - ADR
How to Fight for Your Job In a 'Hunger Games' Scenario Like at HSBC
It’s time to polish dusty resumes and shore up internal support networks.
Bloomberg Brief 11/22/2024
“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today's guests: Nicole Inui, HSBC Head of US & LatAm Equity Strategy; Meghan Robson, BNP Head of US Credit Strategy; Bob McNally, Rapidan Energy Founder. (Source: Bloomberg)
China's EV Competition Intensifies
China's EV makers reported mixed earnings for the last quarter as the sector becomes increasingly competitive. Yuqian Ding, head of China Autos Research at HSBC Qianhai Securities, says the EV sector is in the middle of consolidation with pricing pressures being "part of life." Meanwhile, she says autonomous driving will drive the next phase of competition. Ding speaks on "Bloomberg: The China Show." (Source: Bloomberg)
HSBC names 2 China stock picks for 2025 — and gives one over 70% upside
Chinese markets are "turning a corner" following a series of government stimulus measures, HSBC said, naming its top stock ideas for 2025.
HSBC names 3 'underappreciated' Asian stocks to watch in 2025 — giving one 63% upside potential
Asian markets will look "very different" in 2025, HSBC says, sharing names that are "outside of consensus ideas."
HSBC Shelves Plans for Trading, Financing Carbon Credits
HSBC Holdings Plc has abandoned plans to build a carbon credits desk, according to people familiar with the matter, as Europe’s biggest bank cools to a market rocked by repeated allegations of greenwashing.
HSBC to open London ‘wealth centre’ in effort to draw in premier clients
Aimed at those with £100,000 to £2m, service in Mayfair will offer personalised banking and exclusive events
Stocks Shake Off War Angst Before Nvidia's Results | Bloomberg: The Close 11/19/2024
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are JoAnne Feeney, Advisors Capital Management, Nathan Dean, Bloomberg Intelligence, Daniela Bretthauer, HSBC, Greg Brown, Motorola Solutions, Dan Suzuki, Richard Bernstein Advisors, Marc Champion, Bloomberg Opinion, Nick Wadhams, Bloomberg News, Nicolas Gerli, Reventure App, Kim Wallace, 22V Research, Melissa Otto, S&P Global Visible Alpha. (Source: Bloomberg)
HSBC to Lay Off Hundreds of Top Bankers to Achieve Cost Efficiency
HSBC intends to reduce its workforce by removing top bankers as part of its business streamlining efforts. This aligns with its efforts to achieve cost efficiency.
Nvidia must show Blackwell chip can drive growth in earnings report
Nvidia is on a historic run as its GPU chips are the technology industry's tool of choice for making and deploying generative artificial intelligence software.
HSBC CEO Elhedery: China Plus-One Creates Virtuous Circle in Asia
HSBC Holdings CEO Georges Elhedery says “China Plus One” has created a virtuous circle in Asia, referring to the strategy of diversifying away from just China. He speaks at the Hong Kong Monetary Authority's Global Financial Leaders’ Investment Summit. (Source: Bloomberg)
HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say
Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say.
HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the number of senior roles.
Jim Cramer's top 10 things to watch in the stock market Monday
Tesla jumps on a report about looser self-driving regulation, while Nvidia shares are lower on a report about Blackwell servers.
HSBC Managers Are Competing to Keep Their Jobs in CEO's Revamp
HSBC Holdings Plc has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking division as Chief Executive Officer Georges Elhedery continues his hunt for ways to make the bank run more efficiently. Interviews are already underway, according to people familiar with the matter, essentially pitting senior staff who came from the commercial banking division against those from the global banking and markets unit to compete for the jobs available in the combined CIB division. Bloomberg's Harry Wilson reports on what this means for the hundreds of senior staff reapplying for roles in the new division. (Source: Bloomberg)
Singapore Oil Tycoon OK Lim Sentenced to 17 1/2 Years in Jail
Singapore oil tycoon Lim Oon Kuin has been sentenced to 17 and a half years in jail for cheating HSBC Holdings Plc and instigating forgery, bringing closer to an end a case that has shaken the city-state’s commodity-trading community and left banks nursing hefty losses.
Bloomberg Brief (11/15/2024)
“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today's guests: Max Kettner, HSBC Chief Multi-Asset Strategist; Adam Posen, PIIE President; Paolo Gentiloni, EU Economy Commissioner. (Source: Bloomberg)
SBI Seeks $1.25 Billion in India’s Largest Bank Loan of 2024
State Bank of India plans to borrow up to $1.25 billion, in what would be the largest dollar-denominated loan from the country’s financial sector this year, according to people familiar with the matter.
HSBC Global Entrepreneurial Wealth Report: U.S. Entrepreneurs Optimistic Amid Global Market Uncertainty
Banks are reporting a ten-fold surge in digital scams, cybersecurity firm BioCatch says
Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.
Temasek Trust Invests $50 Million in HSBC-Held Tekoma Energy
Temasek Trust agreed to invest $50 million in an HSBC Asset Management-owned Japanese solar energy company.