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Stock Market & Financial Investment News

News Breaks
January 16, 2014
09:11 EDTHSBCHong Kong analysts warn HSBC faces GPB70B capital hole, Telegraph says
A report published by a Hong Kong-based research firm says HSBC might have overstated its assets by more than GPB50B and might ultimately need a capital injection of nearly GPB70B before the end of the decade, according to the Telegraph, citing the report. Reference Link
News For HSBC From The Last 14 Days
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August 28, 2014
12:00 EDTHSBCHSBC upgraded to Buy from Neutral at UBS
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06:35 EDTHSBCEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
August 26, 2014
06:54 EDTHSBCCitigroup, HSBC, others chosen to lead $3B ONGC stake sale, Reuters says
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August 24, 2014
15:56 EDTHSBCHSBC sued by liquidator of SLS Capital over 'death bonds,' Reuters says
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