Why HSBC Stock Got Rocked Today

05:52pm, Tuesday, 16'th Apr 2024
The company is reportedly shedding staff in its Hong Kong and Singapore investment-banking operations. This follows long, gloomy slides in the region's capital markets.
Max Kettner, HSBC chief multi-asset strategist, joins 'Money Movers' to discuss if a rate cut makes sense in this environment, the bifurcation between ECB and Federal Reserve policy, and more.

HSBC cuts a dozen Asia dealmakers, source says

04:55am, Tuesday, 16'th Apr 2024
HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday.
A Hong Kong bank majority-owned by HSBC Holding has filed a liquidation petition against Times China, another instance of creditors seeking to recoup funds from developers amid China's protracted prop
The stars are aligning for Argentine banks. Galicia stands out as a key beneficiary. The buyout of HSBC Argentina adds legs to Galicia's post-election rally.
JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC) kicked off earnings season by reporting their first-quarter results, all topping their quarterly estimates. The Big Bank stocks have al
Senior executives at KKR and HSBC Asset Management discuss with Bloomberg TV Anchor Yvonne Man opportunities they see in Asia Pacific and growing interest in private markets. KKR Head of Institutional
Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lend
HSBC Holdings (HSBC) will sell its banking operations in Argentina to Grupo Financiero Galicia for $550 million, with the divestment resulting a $1 billion first-quarter loss, the bank said Tuesday.
The Mag Seven stocks have powered gains in the U.S. market. Now, the hunt is on for an equivalent group of outperformers elsewhere.
HSBC to divest its Argentina business in order to sharpen its focus on Asia. The deal, valued at $550 million, is expected to be completed within the next 12 months.
HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the lende
HSBC Holdings PLC (LSE:HSBA)'s exit from the Argentina market received applause from City analysts, who see the US$550 million (£435 million) sale of its business to domestic player Galicia as the r

HSBC exits volatile Argentina market

03:02am, Tuesday, 09'th Apr 2024
HSBC Holdings PLC (LSE:HSBA) is exiting the Argentina market through a US$550 million (£435 million) sale of its subsidiary to Grupo Financiero Galicia. Galicia is the largest private financial group

HSBC's Liu on China's Economy and Property

02:48am, Tuesday, 09'th Apr 2024
Jing Liu, Chief Greater China Economist at HSBC Global Research, discusses her outlook for China's economic prospects and real estate sector. She speaks with Haslinda Amin on the sidelines of the “H
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