GO
Loading...

Enter multiple symbols separated by commas

HSBC Holdings PLC

More

  • HSBC's biggest restructuring was to simplify the bank's complex structure and wide geographical spread which had made it attractive to money-laundering criminals.

  • Asian Shares Mixed on Strong US Data Monday, 4 Feb 2013 | 5:05 AM ET

    Asian stocks closed mixed on Monday after Wall Street hit a five-year high in the previous session as strong economic data buoyed sentiment.

  • New Measures to Lift Veil on Banks' Capital Ratios Sunday, 3 Feb 2013 | 9:17 AM ET

    The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.

  • Peter Ma

    China approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, completing the biggest equity purchase in the country by a foreign investor.

  • For all the doomsayers predicting an end to its mining boom, Australia is pumping out more metal, coal and gas thanks to a investment bonanza that will peak this year, boosting exports needed to extend a jaw-dropping 21-year run of economic growth.

  • Singapore Traders May Have Manipulated Forex Rates Sunday, 27 Jan 2013 | 6:13 PM ET

    Bank probes find manipulation in Singapore's offshore FX market - source Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries.

  • Checking on the Metals Thursday, 24 Jan 2013 | 1:31 PM ET
    Checking on the Metals

    CNBC's Sharon Epperson reports HSBC says it "no longer views gold as a sound investment."

  • Moody's Warns European Banks Need More Cash Thursday, 24 Jan 2013 | 8:20 AM ET
    European Central Bank

    Banks in Spain, Italy, Ireland and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's said on Thursday, meaning European taxpayers may again be tapped for cash.

  • ECB Eyes September for Bank Stress Tests Thursday, 24 Jan 2013 | 1:43 AM ET

    The European Central Bank (ECB) and European Banking Authority (EBA) are aiming to carry out a joint stress test on Europe's major banks in September, sources told Reuters.

  • Banks Try to Put Past Sins Behind Them at Davos Wednesday, 23 Jan 2013 | 11:12 PM ET

    Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still doesn't trust them.

  • Dim Sum Bond Market Shrugs Off China Worries Wednesday, 23 Jan 2013 | 6:38 PM ET

    The nascent market for "dim sum" bonds - denominated in Chinese yuan but issued outside the mainland - is poised for strong growth this year, gaining traction even as China opens its own markets to lure investors' money directly inside its borders.

  • Barclays Plans to Cut 2,000 Investment Banking Jobs Wednesday, 23 Jan 2013 | 2:10 AM ET

    Barclays has launched a consultation with staff in its investment bank whose jobs are at risk following a strategic review by new Chief Executive Antony Jenkins, the bank said on Tuesday.

  • Japan's Nikkei Hits 32-Month High; Asia Slips Tuesday, 15 Jan 2013 | 5:11 AM ET

    Japanese shares surged to multi-year highs on Tuesday on rising expectations that strong political pressure will prompt the Bank of Japan to deliver bold monetary easing measures. Meanwhile, other Asian stock markets struggled as gains were capped on earnings caution.

  • Two Credit Card Stocks for Your Portfolio: Goldman Pro Monday, 14 Jan 2013 | 11:45 AM ET

    Goldman Sachs expects credit card stocks to "see further outperformance" in 2013. TheStreet.com reports.

  • China at 4-Month Low on CPI Data; Japan Rallies Friday, 11 Jan 2013 | 5:15 AM ET

    Asian shares ended mixed on Friday as a pick-up in Chinese inflation prompted profit taking, with mainland shares slumping 1.8 percent. But Japan's Nikkei managed to defy broader regional weakness as the yen logged fresh losses.

  • Oil Settles Higher After Saudi Arabia Cuts Output Thursday, 10 Jan 2013 | 3:57 PM ET
    Oil rigs in the South China Sea.

    Oil futures rose on news that top world oil exporter Saudi Arabia had cut back production in response to flagging demand, and after China reported strong demand for its exports.

  • Peter Ma

    China's insurance regulator said it is seeking more information from Ping An Insurance after conducting a preliminary review of HSBC's planned sale of its $9.4 billion stake in the insurer to Thailand's CP Group.

  • Goldman, Morgan to Settle on Foreclosures: Sources Wednesday, 9 Jan 2013 | 8:46 AM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    Goldman Sachs and Morgan Stanley are among a group of banks expected to agree as soon as this week to a $1.5 billion settlement with federal regulators over botched foreclosure claims, two sources told Reuters.

  • Asia Steady After Profit Taking; Earnings Eyed Wednesday, 9 Jan 2013 | 5:05 AM ET

    Asian shares ended mixed on Wednesday after rounds of profit taking from a sharp rally at the start of the new year subsided, while investors waited warily for corporate earnings season to kick off in full force.

  • Is HSBC's Exit From Ping An in Jeopardy? Tuesday, 8 Jan 2013 | 6:20 PM ET
    Peter Ma

    HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.