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News Breaks
06:15 EDTHBC
theflyonthewall.com: The explosion in gold prices leads to storage issues, WSJ reports
Gold has increased 32% this year, and as investors accumulate the metal its storage has become an issue, according to the Wall Street Journal. HSBC (HBC), for example, has told retail customers to remove it from their facilities to make way for larger, more profitable institutional investors. Reference Link :theflyonthewall.com



News For HBC From The Last 14 Days
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February 9, 2010
13:49 EDTHBC
theflyonthewall.com: HSBC Holdings volatility flat; shares near six-month low
HSBC Holdings is recently up $1.44 to $51.75. HSBC March option implied volatility of 31 is near its 26-week average of 32, according to Track Data, suggesting non-directional price movement. :theflyonthewall.com

February 5, 2010
15:33 EDTHBC
theflyonthewall.com: SEC considering ways to curb short-selling, NY Times reports
According to the NY Times DealBook blog, citing Reuters, SEC chairwoman Mary L. Schapiro said the SEC will consider adopting short-selling curbs in coming weeks as well as ways to improve market surveillance. She said she hoped to consider new rules in Q1. Reference Link :theflyonthewall.com
12:08 EDTHBC
theflyonthewall.com: On The Fly: European Markets Wrap-Up

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February 4, 2010
12:06 EDTHBC
theflyonthewall.com: On The Fly: European Markets Wrap-up

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06:28 EDTHBC
theflyonthewall.com: Deutsche Bank CEO fairly upbeat as bank's Q4 profits beat expectations, FT says

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February 2, 2010
06:25 EDTHBC
theflyonthewall.com: Biggest threat to Swiss bank secrecy is their own workers, Bloomberg reports
German Chancellor Angela Merkel said her government may buy stolen data on Swiss bank accounts, Bloomberg reports. The willingness of governments to pay for stolen data is fanning tensions with France and Germany as Switzerland seeks to negotiate treaties implementing its commitment to cooperate with international tax probes. Reference Link :theflyonthewall.com

February 1, 2010
11:55 EDTHBC
theflyonthewall.com: On The Fly: European Markets Wrap-up

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06:02 EDTHBC
theflyonthewall.com: HSBC says not planning to buy stake in top Chinese bank, Daily Telegraph says
HSBC (HBC) says it isn't planning a major investment in a top three lender in China, dismissing previous reports it is looking to buy a 51% stake in Bank of China, China Construction Bank or Industrial & Commercial Bank of China. The bank says it's comfortable with a 19% stake in Bank of Communications, the Daily Telegraph reports. Reference Link :theflyonthewall.com
05:42 EDTHBC
theflyonthewall.com: HSBC considers bid for Chinese bank, Telegraph reports

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January 29, 2010
06:41 EDTHBC
theflyonthewall.com: New JP Morgan unit to sell services to multinationals, FT says

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January 27, 2010
07:03 EDTHBC
theflyonthewall.com: Bank of England Governor backs separation of banks' activities, NY Times says

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06:53 EDTHBC
theflyonthewall.com: Large banks want single global approach to financial regulations, FT reports
The world's largest banks called on governments to adopt a united approach to regulating the financial sector, according to the Financial Times. Failure to implement uniform regulations will hinder lending and damage the world's financial system, the banks warned. Reference Link :theflyonthewall.com