Synopsys (NASDAQ:SNPS) Hits New 12-Month High at $365.57

10:10am, Saturday, 18'th Dec 2021 Dakota Financial News
Synopsys, Inc. (NASDAQ:SNPS)s share price reached a new 52-week high on Thursday . The company traded as high as $365.57 and last traded at $363.20, with a volume of 7642 shares trading hands. The stock had previously closed at $361.30. A number of analysts recently commented on the stock. HSBC restated an average rating on []

Essity AB (publ) (OTCMKTS:ETTYF) PT Lowered to SEK 305 at JPMorgan Chase & Co.

08:54am, Saturday, 18'th Dec 2021 Dakota Financial News
Essity AB (publ) (OTCMKTS:ETTYF) had its price target trimmed by JPMorgan Chase & Co. from SEK 310 to SEK 305 in a report issued on Tuesday morning, The Fly reports. They currently have an underweight rating on the stock. Other research analysts have also issued reports about the company. HSBC initiated coverage on Essity AB []

Umicore (OTCMKTS:UMICY) Cut to Hold at HSBC

08:08am, Saturday, 18'th Dec 2021 ETF Daily News
HSBC downgraded shares of Umicore (OTCMKTS:UMICY) from a buy rating to a hold rating in a report released on Wednesday, The Fly reports. UMICY has been the subject of several other reports. Redburn Partners cut Umicore from a buy rating to a neutral rating in a report on Friday, November 12th. Deutsche Bank Aktiengesellschaft reduced [] The post Umicore (OTCMKTS:UMICY) Cut to Hold at HSBC appeared first on ETF Daily News .

Nordex (OTCMKTS:NRDXF) Rating Lowered to Hold at HSBC

07:36am, Saturday, 18'th Dec 2021 Dakota Financial News
HSBC downgraded shares of Nordex (OTCMKTS:NRDXF) from a buy rating to a hold rating in a report published on Tuesday morning, The Fly reports. The firm currently has $16.00 price objective on the stock. NRDXF has been the topic of several other research reports. Citigroup restated a buy rating on shares of Nordex in a []

UBS Group Analysts Give HSBC (LON:HSBA) a GBX 500 Price Target

07:12am, Saturday, 18'th Dec 2021 Transcript Daily
UBS Group set a GBX 500 ($6.61) price target on HSBC (LON:HSBA) in a research report report published on Wednesday morning, Borsen Zeitung reports. Several other equities research analysts have also recently commented on the company. JPMorgan Chase & Co. set a GBX 450 ($5.95) price target on HSBC in a research note on Monday, []

Listen: Weekly Wrap examines wholesale CBDC foreign exchange

01:52am, Saturday, 18'th Dec 2021 FXNews24
In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News editors discuss HSBC and IBM’s use of distributed ledger technology to conduct commercial central bank digital currency (CBDC) transactions, including foreign exchange settlements. The BAN team also addresses a prediction from the Canadian Prepaid Providers Organization and Aite-Novarica Group that the Canadian […] The post Listen: Weekly Wrap examines wholesale CBDC foreign exchange appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
The U.K.s Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 ($84.7 million) for failings in its anti-money laundering (AML) system. The FCA reported the fine on its website on Friday (Dec. 17), saying that while HSBC used automated processes to monitor possible financial crime, the authority found serious weaknesses over an eight-year period between []
The FTSE 100 erased earlier losses to close 0.1% higher, as large dollar earners including Diageo, Unilever, British American Tobacco and Reckitt Benckiser benefited from the sterling falling. Limiting gains, shares of HSBC shed 0.6% after the UK''s financial regulator said it had fined the bank 63.95 million pounds ($85.16 million) for failings in its anti-money laundering processes.
HSBC and IBM have successfully tested an advanced token and digital wallet settlement that included direct transactions between two central bank digital currencies, using the cloud The experiment, which was designed and implemented within a four-month period, was executed across distributed ledgers based on IBMs Hyperledger Fabric and R3s Corda. The ledgers were integrated using [] The post Securities finance industry news | HSBC and IBM complete successful token and digital wallet settlement test appeared first on TECHTELEGRAPH .

Weaker sterling boosts UK''s FTSE 100; HSBC slips | Business

05:16pm, Friday, 17'th Dec 2021 Devdiscourse
The FTSE 100 erased earlier losses to close 0.1% higher, as large dollar earners including Diageo, Unilever, British American Tobacco and Reckitt Benckiser benefited from the sterling falling. Limiting gains, shares of HSBC shed 0.6% after the UK''s financial regulator said it had fined the bank 63.95 million pounds ($85.16 million) for failings in its anti-money laundering processes.

Daimler (ETR:DAI) Given a €80.00 Price Target at HSBC

04:12pm, Friday, 17'th Dec 2021 Transcript Daily
Daimler (ETR:DAI) has been given a €80.00 ($89.89) target price by analysts at HSBC in a note issued to investors on Friday, Borsen Zeitung reports. HSBC’s target price would suggest a potential upside of 11.51% from the stock’s previous close. DAI has been the subject of a number of other research reports. UBS Group set […]
The U.K.'s Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 ($84.7 million) for “failings” in its anti-money laundering (AML) system. The FCA reported the fine on its website on
HSBC and IBM successfully test blockchain-based FX, CBDC settlement capability. Read this full report
Initiative is the Latest Innovation Resulting from Groundbreaking CBDC Experimentations Led by Banque de France HSBC and IBM announced the successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital currencies (CBDC) in a hybrid cloud environment. Several previous initiatives have The post HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC And Foreign Exchange Settlement Capability appeared first on GlobalFinTechSeries .

HSBC Bank fined £63.9m over anti-money laundering failings

10:28am, Friday, 17'th Dec 2021 AccountancyToday
The Financial Conduct Authority (FCA) has fined HSBC £63.9m for failings in its anti-money laundering processes and compliance with UK laws. HSBC did not dispute the FCAs findings and agreed to settle at the earliest possible opportunity. This means it qualified for a 30% discount, preventing an imposed financial penalty of £91.3m. HSBC used automated
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