Jose Rasco, HSBC Private Bank Americas chief investment strategist and Steve Sosnick, Interactive Brokers Chief Strategist, join 'Closing Bell Overtime' to talk the day's market action.
As part of its strategy to focus on profitable operations, HSBC announces a deal to divest its French life insurance business.
Relatively lower interest rates and business restructuring initiatives are likely to support Zacks Foreign Banks Industry stocks like HSBC Holdings and UBS Group amid uneven economic growth globally.
HSBC Chairman Mark Tucker will lead the British government's most important business delegation to China since 2018 next month, sources told Reuters, as Chancellor Rachel Reeves seeks to attract greater Chinese investment into Britain.
HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25% from 5.375%, effective Dec. 20.
Willem Sels, global chief investment office at HSBC Global Private Banking and Wealth, talks about the U.S. economy, AI and market opportunities.
HSBC on Tuesday appointed insider John Shipman as interim CEO of its Swiss Private Bank and country head of HSBC Switzerland, effective Jan. 1, 2025.
ASIC sues HSBC Australia for failing to protect its customers from fraudulent activities and seeks penalties and measures to prevent future misconduct.
HSBC considers streamlining its retail banking business in Mexico amid cost mitigation efforts and a shift in focus toward wealth management operation.
Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. The Australian Securities and Investments Commission (ASIC) announced Monday (Dec. 16) that it was suing HSBC Australia, accusing the bank of failing to have proper controls to identify and stop unauthorized payments.
Australia's financial regulator has filed a lawsuit against HSBC Holdings PLC (LSE:HSBA) for allegedly failing to protect customers from scams. The allegations, brought before the Federal Court by the Australian Securities and Investments Commission (ASIC), claim HSBC Australia failed to adequately prevent or detect unauthorised transactions and delayed investigations and account access restorations.
Australia's corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect customers from criminal scams.