Hsbc Holdings Stock News

HSBC was hit with the highest penalty, at 174.3 million euros (£148.3 million), for its role in rigging the foreign exchange spot trading market.

European Commission revealed on Thursday it fined UBS Group AG, Barclays plc, Royal Bank of Scotland plc, HSBC Holdings plc, and Credit Suisse Group AG 344 million over their collusion and coord

BRUSSELS (Reuters) EU antitrust regulators on Thursday fined Barclays, RBS, HSBC and Credit Suisse a total of 344 million euros ($389.7 million) for taking part in a foreign exchange spot trading cartel. UBS avoided a 94 million euro fine as it had alerted the cartel to the European Commission. The EU competition regulator said [] The post EU Fines Barclays, RBS, HSBC, Credit Suisse 344 Million Euros for Forex Cartel | Investing News appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

HSBC received the biggest fine of almost $200 million, while Credit Suisse, RBS and Barclays received smaller penalties.

HSBC (LON:HSBA) had its target price raised by analysts at Morgan Stanley from GBX 460 ($6.01) to GBX 484 ($6.32) in a research note issued to investors on Thursday, Price Targets.com reports. The firm presently has an equal weight rating on the financial services providers stock. Morgan Stanleys target price would suggest a potential upside []

HSBC is launching a new feature in its mobile app that lets U.K. customers invest in a range of ready-made funds.

Businesses around the world are optimistic about their growth prospects in spite of the ever-expanding list of disruptions to trade, according to research from HSBC. The HSBC Navigator: Voice of Business report, which polled over 7,350 business decision-makers from 14 global markets, found that businesses expect to boost sales by an average of 19% in The post Companies back in growth mode despite supply chain chaos, says HSBC appeared first on Global Trade Review (GTR) .

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Quantile makes two senior product hires Submitted 01/12/2021 - 9:16am Quantile Technologies (Quantile), a provider of multilateral optimisation services for hedge funds and other financial institutions engaged in OTC derivative transactions, has appointed Esben Urbak and Rami Atieh as Senior Product Managers. Atieh joined in November, while Urbak joined earlier in 2021, with both reporting to Varqa Abyaneh, Chief Product Officer. Both Urbak and Atieh come from trading backgrounds and will work on new product development, with a focus on reducing risk and funding requirements in the derivatives markets. Urbak joins from MUFG Securities, where he worked for nine years and was responsible for managing the main exotics portfolio and executing all structured interest rate deals with clients across the globe. In this role he gained extensive experience trading, pricing, and hedging highly exotic derivatives within interest rates and FX as well as creating sophisticated trading and hedging strategies.

HSBC started coverage on shares of Oatly Group (NASDAQ:OTLY) in a research report sent to investors on Tuesday morning, Price Targets.com reports. The brokerage issued a reduce rating and a $7.80 price objective on the stock. Several other brokerages have also recently weighed in on OTLY. Atlantic Securities cut shares of Oatly Group from an []

JPMorgan Chase & Co. reissued their underweight rating on shares of Fevertree Drinks (OTCMKTS:FQVTF) in a research note published on Tuesday, The Fly reports. Other research analysts have also issued reports about the stock. HSBC lowered shares of Fevertree Drinks from a buy rating to a hold rating in a research note on Tuesday, October []

HSBC upgraded shares of Wizz Air (OTCMKTS:WZZZY) from a reduce rating to a hold rating in a research note published on Tuesday, The Fly reports. The analysts noted that the move was a valuation call. Other equities analysts also recently issued reports about the company. Credit Suisse Group restated an outperform rating on shares of []

Mark Surgenor has been appointed as Chief Executive Officer of HSBC Sri Lanka and the Maldives from 1 December 2021. He succeeds Mark Prothero, who retired from HSBC at the end of August. Prior to this new appointment, Mark Surgenor was HSBCs Group Head of Wealth Management, Wealth & Personal Banking. In that role, Mark []

Research analysts at HSBC initiated coverage on shares of Beyond Meat (NASDAQ:BYND) in a research note issued to investors on Monday, Analyst Price Targets reports. The firm set a reduce rating and a $62.00 price target on the stock. HSBCs price target would suggest a potential downside of 11.76% from the stocks previous close. Several []

Nykaas stock, according to HSBC, is hot.