Life Imprisonment For Short Selling? South Korea Extends Ban, Harshens Penalties
South Korea extends ban on short selling until 2025 to crack down on illegal practices. Institutions like HSBC and BNP Paribas fined for naked shorting.
What’s Going On With Banking Giant HSBC Stock Today?
HSBC completed the acquisition of Citigroup's retail wealth management portfolio in China, a move that doubles their net new invested assets.
HSBC To Announce New CEO By July To Stabilize Asia-Focused Strategy
HSBC aims to announce successor to CEO Noel Quinn before July, emphasizing the need for stability and avoiding delays in the search.
What’s Going On With Banking Giant HSBC Today?
HSBC experiences a surge in stock value following first-quarter results and CEO Noel Quinn's surprise retirement announcement. Quinn, leading the company for five years, spearheaded global asset sales, emphasizing growth in Asia.
HSBC 2024 Outlook Unchanged: Sees NII Of At Least $41B And RoTE In The Mid-Teens For 2024; Expects To Maintain the CET1 Capital Ratio Within 14% To 14.5%
Outlook
Our guidance remains unchanged from that set out at our full-year results on 21 February 2024. We continue to target a return on
average tangible equity (‘RoTE‘), excluding the impact of notable
10 Financials Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums…
Morgan Stanley To Slash Jobs In Asia-Pacific Region: Report
Morgan Stanley to cut 50 jobs in Asia-Pacific amid revenue decline. The reductions, affecting 13% of regional bankers, primarily target Hong Kong and China. Find out more about the impact on the region's financial landscape.
Why HSBC Holdings Shares Are Falling Today
HSBC Holdings shares dip as the company announces job cuts in its Asia investment bank amid declining dealmaking and slow market conditions in Hong Kong and China.
Adios Argentina: HSBC Divests Banking Operations In Argentina For $550M
HSBC's subsidiary, HSBC Latin America B.V., sells Argentina business to Grupo Financiero Galicia for $550 million, focusing on higher value opportunities.
‘HSBC Said To Explore Sale Of Some German Units In Streamlining’ – Bloomberg News
https://www.bnnbloomberg.ca/hsbc-said-to-explore-sale-of-some-german-units-in-streamlining-1.2054218#:~:text=The%20disposals%20would%20add%20to,and%20countries%20in%20recent%20years.&text=(Bloomberg)%20%2D%2D%20HSBC%