The European Commission fined banks Credit Agricole, HSBC and JPMorgan Chase a total of 485 million euros ($520 million) for their part in a cartel to fix the price of financial benchmarks linked to the euro.
Dickie Wong of Kingston Securities talks about the recent performance of HSBC shares.
Asia markets traded mixed as traders looked ahead to key global events including an OPEC meeting and the U.S. nonfarm payroll report.
HSBC and Standard Chartered are the most at risk of failing the BoE stress test due to an exposure to Chinese credit; RBC Capital analysts.
The two banking firms top this list that many companies don't want to be on.
Some of the names on the move ahead of the open.
Citi joined JPMorgan as the world's most systemically important banks, replacing HSBC in a group of 30 lenders.
Strategists at the firm say a Trump presidency could hurt the economy, earnings and possibly spark stagflation.
U.S. stocks could see a rally out of the election and boost their standing among international developed markets, according to a strategist.
HSBC might have reported weaker profits but its strong capital ratio means it is likely to deliver on dividends, says Sinopac Securities' Ivan Li.
Going forward, market players are expecting positive news from the bank, such as a share repurchase scheme, says Partners Capital International's Ronald Wan.
HSBC reported a worse-than-expected 86 percent fall in pretax profit for Q3 on a $1.7 billion loss on the sale of its Brazil unit.
The bank is under pressure on all fronts, from its U.K. to China businesses, so it's unlikely to beat last year's quarterly figures, says East and Partners' Martin Smith.
European shares ended lower on Wednesday afternoon as uncertainty over the U.S. election outcome intensified.
Britain's banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, executives say.
The bank elevates its outlook for U.S. stock markets to a "red alert" after an aggressive wave of selling on Tuesday.
Asia markets stumbled on Friday, the final trading day of the quarter, after concerns over Deutsche Bank undermined investor sentiment.
Chinese investors could soon dominate Hong Kong's stock market, redefining how shares, especially small-caps, are traded and priced there.
The HSBC Expat Explorer survey interviewed almost 27,000 people to discover where to go for the biggest money, best jobs and nicest lifestyle.
European stocks finished lower on Tuesday as sentiment was hit by a sharp fall in the oil price.