Hsbc Holdings Stock News

Record inflation wont stop the European Central Bank from carrying on with its ultra-loose stance, according to HSBC Holdings Plc research.

18th November 2021 (Hong Kong) Foreign media reported that Noel Quinn, chief executive of HSBC Holdings (00005), said that as he does not want to endanger the quarantine-free border reopening between Hong Kong and the Mainland, he has no plans to come to Hong Kong for the time being. When attending an economic forum [] The post Chief executive of HSBC Holdings doesnt want to come to HK for the time being to avoid endangering quarantine-free border reopening between HK and the Mainland appeared first on Dimsum Daily .

Berenberg Bank upgraded shares of Admiral Group (OTCMKTS:AMIGY) from a hold rating to a buy rating in a report issued on Monday morning, The Fly reports. AMIGY has been the topic of a number of other research reports. HSBC lowered shares of Admiral Group from a hold rating to a reduce rating in a research []

The post ConsenSys Closes $200 Million Financing Round appeared on BitcoinEthereumNews.com . Blockchain technology solutions provider, ConsenSys today announced that it has raised $200 million in the latest funding round to expand its operations. HSBC and Coinbase Ventures joined the recent round.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #BCFloods--To help support those affected by flooding in BC, HSBC is donating $50,000 to the Canadian Red Cross and supporting customers with financial relief.

Jobs like; Waiters, inspectors, receptionists, and groundskeepers beware. A new HSBC Global Research report found that these types of jobs Continue reading on Medium »

Blockchain software and infrastructure company ConsenSys has raised $200 million in an investment round that values the company at $3.2 billion. The round included investors like Marshall Wace, HSBC, Third Point, Coinbase Ventures and others.

The onslaught of announcements of banks partnering with cloud providers has certainly accelerated over the past 12-18 months. It started to pick up pace last year, when several large banks including Deutsche Bank, Goldman Sachs, HSBC and Wells Fargo announced strategic deals with the likes of Amazon Web Services (AWS), Microsoft Azure and Google Cloud. []

Telecom Italia (OTCMKTS:TIIAY) was downgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a buy rating to a hold rating in a report released on Monday, The Fly reports. Several other research firms have also recently weighed in on TIIAY. HSBC cut shares of Telecom Italia from a hold rating to a reduce rating []

SYDNEY: The Australian and New Zealand dollars were under fire again on Wednesday after a batch of upbeat US economic data lifted their US counterpart, while domestic news disappointed bulls. The Aussie lapsed to a fresh five-week trough of $0.7275 , having shed 0.7% overnight when US retail and industrial figures came in strong. The breach of support at $0.7277 could see a re-test of the September low at $0.7171. The kiwi dollar crumbled 0.8% overnight to reach $0.6984 and threaten support around $0.6980. A break would open the way to its September low of $0.6860. The Aussie took a further blow when Australian wages data failed to beat expectations as some in the market had been betting on. Annual wage growth ticked up to a moderate 2.2% just as forecast, while bulls had hoped a higher outcome would reinforce the case for an early rate hike from the Reserve Bank of Australia (RBA). "It''s clear that wages growth is well below the 3-4% rates that were the norm a decade ago and the sorts of rates the RBA needs to believe that inflation will sustainably run at 2-3%," said Paul Bloxham, chief economist Australia at HSBC. "Today''s figures support the RBA''s dovish perspective and our own view on the cash rate outlook - our central case has no hikes in 2022 or 2023." That saw the futures market lengthen the odds on a hike just a little, with a move to 0.25% now fully priced in by July next year rather than June.

Intertek Group (OTCMKTS:IKTSY) was upgraded by Citigroup from a neutral rating to a buy rating in a research note issued to investors on Tuesday, The Fly reports. Several other analysts have also weighed in on IKTSY. HSBC upgraded shares of Intertek Group from a hold rating to a buy rating in a research note on []

Berenberg Bank cut shares of Direct Line Insurance Group (OTCMKTS:DIISY) from a buy rating to a hold rating in a report released on Monday morning, The Fly reports. Several other brokerages have also recently commented on DIISY. HSBC restated a hold rating on shares of Direct Line Insurance Group in a research note on Thursday, []

The French lender, which overtook British rival HSBC last year to become Europe''s largest bank by assets, is looking to part ways with its California-based retail banking subsidiary in a deal that could value it at about $15 billion.