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Stock Market & Financial Investment News

News Breaks
October 15, 2012
07:14 EDTHBCHSBC ends agreements with some smaller Asian clients, Bloomberg reports
HSBC Holdings (HBC), the administrator of $150B in assets for hedge funds, is ending agreements with some smaller Asian clients to focus on more profitable ones, sources say, reports Bloomberg. Reference Link
News For HBC From The Last 14 Days
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October 9, 2014
06:40 EDTHBCSource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link

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