Hsbc Holdings Stock News

KE Holdings Inc. (NYSE:BEKE) saw strong trading volume on Wednesday . 545,104 shares traded hands during mid-day trading, a decline of 93% from the previous sessions volume of 8,177,422 shares.The stock last traded at $20.48 and had previously closed at $20.01. Several equities research analysts recently issued reports on the company. HSBC cut KE from []

The Hong Kong-based asset manager has made a senior appointment in Singapore. Value Partners has appointed James Ong as head of Southeast Asia and chief executive officer of Singapore, the company accounted in a statement this week. Ong, with 25 years of leadership and sales management experience, joins from State Street Global Advisors, where he was managing director and head of Southeast Asia. He was previously client director at HSBC Asset Management and director at UOB Asset Management, and worked at a boutique investment advisory firm and insurance companies. Important Region The company said the senior appointment is part of the groups efforts to bolster its Southeast Asia business to capture further growth in the asset and wealth management market in the Southeast Asia region. Ong will be leading the Groups institutional business for Southeast Asia, and will work alongside Wallace Tsang , the group head of intermediary business to drive the growth in Southeast Asia. Ong reports to Value Partners group president June Wong , who joined the firm in October , also from State Street.

Barclays reissued their equal weight rating on shares of Hermès International Société en commandite par actions (OTCMKTS:HESAY) in a research report report published on Tuesday morning, The Fly reports. HESAY has been the subject of a number of other research reports. HSBC raised Hermès International Société en commandite par actions from a reduce rating to []

HSBC reaffirmed their hold rating on shares of Danone (OTCMKTS:DANOY) in a research note released on Tuesday, The Fly reports. DANOY has been the topic of a number of other research reports. Royal Bank of Canada reiterated an underperform rating on shares of Danone in a research report on Wednesday, October 20th. Zacks Investment Research [] The post Danone (OTCMKTS:DANOY) Receives Hold Rating from HSBC appeared first on ETF Daily News .

HSBC said that Nykaa is a rare combination of strong, sustainable growth and marginal return on capital in the range of 70-100%.

HSBC upgraded shares of Wizz Air (OTCMKTS:WZZZY) from a reduce rating to a hold rating in a research report report published on Tuesday morning, The Fly reports. The analysts noted that the move was a valuation call. A number of other analysts have also recently commented on WZZZY. UBS Group restated a sell rating on []

The banks, along with Credit Suisse and UBS, were part of a ''cartel'' which colluded to fix the prices of foreign currencies, the European Commission found.

The European Union said on Thursday it has fined four major banks a combined ?344 million ($390 million) for colluding in a foreign exchange spot trading cartel via a chatroom named ?Sterling Lads.? The UK-based banks agreed to settle the case, with HSBC receiving the biggest fine of almost $200 million. Barclays, NatWest (former RBS Group), and Credit Suisse got smaller penalties, while UBS esca

The post HSBC, Barclays, Credit Suisse, and NatWest Bank (Not Crypto Exchanges) Fined $390M For Market Manipulation appeared on BitcoinEthereumNews.com . Several financial regulators have chosen not to back cryptocurrencies as they believe most trading platforms engage in market manipulation and insider trading. While few exchanges have been guilty of the…

European Union imposes collective penalties of around $400 million on the banks

EU antitrust regulators on Thursday fined Barclays (BARC.L), Credit Suisse (CSGN.S), HSBC (HSBA.L) and NatWest (NWG.L) 344 million euros ($390 million) for rigging the foreign exchange spot trading market. UBS (UBSG.S) avoided a 94 million euro fine as it had alerted the European Commission about the cartel, which was set…

HSBC Holdings plc with ticker (LON:HSBA) now has a potential upside of 19.8% according to RBC Capital Markets. [stock_market_widget type="chart" template="basic" color="green" assets="HSBA.L" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] RBC Capital Markets set a target price of 530 GBX for the company, which when compared to the HSBC Holdings plc share price of 425 GBX at opening today (02/12/2021) indicates a potential upside of 19.8%. Trading has ranged between 330 (52 week low) and 463 (52 week high) with an average of 26,930,610 shares exchanging hands daily. The market capitalisation at the time of writing is £87,244,032,150. HSBC Holdings plc (HSBC) is a banking and financial services company. The Company manages its products and services through three businesses: Wealth and Personal Banking (WPB), Commercial Banking (CMB), and Global Banking and Markets (GBM). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America, and Latin America.

Barclays, Royal Bank of Scotland, HSBC and Credit Suisse all received fines.

EU antitrust regulators have fined Barclays, Credit Suisse, HSBC and The post EU fines HSBC, Credit Suisse, Barclays, and NatWest for forex rigging appeared first on PageOne .