HSBC said Tuesday it will shed nearly 50,000 jobs, slash its investment bank and shrink its risk-weighted assets by US$290 billion in an effort to improve its sluggish performance, Reuters reported. T ...More
EJ Insight2015-06-09
... x months, HSBC's (00005.HK) share price fell 4 percent while Standard Chartered's (02888.HK) rose 7 percent. Both lenders, with sizable operations in Hong Kong, underperformed the 18 percent rise of t ...More
EJ Insight2015-06-05
... Ltd., and HSBC Holdings Plc. (00005.HK). SFC's has a strict disclosure policy regarding investigations. Consent from at least two executive directors is required for any ongoing probe to be made publi ...More
EJ Insight2015-05-29
... Baer and HSBC's Swiss private bank, were excluded from the program. -- Contact us at [email protected] RC ...More
EJ Insight2015-05-29
... unt to an HSBC bank account. Wong told Ming Pao that it is the third time this year that fraudsters stole his photos and used them to befriend people online. Apart from the Taiwanese woman, two Chines ...More
EJ Insight2015-05-28
HSBC Plc. will start charging clients for deposits in a basket of European currencies. The lender has told other banks about its plan to charge them for deposits in euros, Swiss francs, Danish krone a ...More
EJ Insight2015-05-20
... Tencent, HSBC, Hong Kong Exchanges & Clearing (00388.HK), Ping An Insurance Group Co. of China (02318.HK) and China Mobile (00941.HK) in the present market correction. Temporary blip The US dolla ...More
EJ Insight2015-05-15
... anks like HSBC and Standard Chartered and asset management funds are Indian. India's equity market has been sluggish recently as foreign investors are wary of the pending tax issue. Indian Prime Minis ...More
EJ Insight2015-05-14
... including HSBC chief executive Stuart Gulliver, who is domiciled for tax purposes in Hong Kong, and Baroness Lydia Dunn, one of Hong Kong’s most prominent political figures before the handover, who ga ...More
EJ Insight2015-05-07
... of leaked HSBC client data that had been handed to the Paris authorities in 2008. French magistrates last month ordered HSBC to post bail of 1 billion euros (US$1.13 billion) to cover potential fines ...More
EJ Insight2015-05-07
In his heart, he might not want to move, but his mouth may have betrayed him. As HSBC Holdings plc (00005.HK) ponders a plan to move its headquarters from London in what is understood to be a quest fo ...More
EJ Insight2015-05-06
HSBC Holdings (00005.HK) reported a 4 percent jump in pretax profit for the first quarter of 2015, beating market expectations, on the back of improved investment banking operations. Europe's largest ...More
EJ Insight2015-05-06
In Hong Kong, retirement doesn't mean, well, retirement. Research by HSBC shows about 61 percent of retirees have to support their family members financially. The bank interviewed 1,000 residents incl ...More
EJ Insight2015-04-30
... an bet on HSBC China Dragon Fund (00820.HK) or Value Partners Group (00806.HK) to gain exposure to the mainland market. Mainland banking plays and insurance counters are also attractive. This article ...More
EJ Insight2015-04-29
... percent. HSBC Securities Services, meanwhile, downgraded the casino operator to "sell" from "hold". Sheldon Adelson, chairman and chief executive of Las Vegas Sands, said the outlook for the Macau ga ...More
EJ Insight2015-04-24
... measures. HSBC's preliminary China purchasing managers' index (PMI) for April came in at 49.2, compared to the March final reading of 49.6 and falling short of expectations. Economists polled by Reute ...More
EJ Insight2015-04-23
... itch from HSBC to HKEx. He got the stock tip from fund manager Andrew Look, who told him HKEx would hit HK$500 one day. Ironically, Look wound down his fund early this year, just before the rally bega ...More
EJ Insight2015-04-21
It's not only embarassing. It also highlights the vulnerability of the banking sector to internet security threats. Visitors to an official web page of British banking giant HSBC were taken aback afte ...More
EJ Insight2015-04-21
... g sector, HSBC Holdings Plc (00005.HK) has dropped to HK$70 from its peak of HK$116.2 in 2007, Hang Seng Bank (00011.HK) never rebounded after a record high of HK$163 in 2008, and Bank of East Asia (0 ...More
EJ Insight2015-04-17
Some of the lucky applicants allotted HSBC's HK$150 banknotes are offering them online for as much as five times what they cost -- before even taking delivery. The speculators moved into action soon a ...More
EJ Insight2015-04-15
