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Stock Market & Financial Investment News

News Breaks
January 21, 2014
08:15 EDTHSBCRegulators still finding problems with HSBC over money laundering, Reuters says
The U.S. Office of the Comptroller of the Currency is still finding weaknesses in the way HSBC Holdings tries to prevent money laundering, sources say, even though the bank paid about $2B in penalties and invested millions more to increase its compliance, reports Reuters. Reference Link
News For HSBC From The Last 14 Days
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July 31, 2015
13:34 EDTHSBCHSBC close to $4B sale of Brazil unit to Bradesco, FT reports
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13:30 EDTHSBCHSBC technical notes before results
There is a potential double bottom pattern on the long-term chart that would likely become active on positive news. Price is currently poised at $45.13 and only a small advance in price would be needed for the pattern to become active. Upside potential for the pattern would be to the $50 to $52 area. If the news is bearish, a drop below $41.20 would void the double bottom. Next support levels to watch in that event would be at $40.23 and $38.88.
July 21, 2015
19:51 EDTHSBCJudge rejects HSBC attempt to dismiss credit union lawsuit, Reuters says
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06:08 EDTHSBCU.K. watchdog visited Barclays 186 times in 2014, Bloomberg reports
The FCA's supervisory team made 186 visits to Barclays (BCS) in 2014, more than any other British bank that year, Bloomberg reports. HSBC (HSBC) was next highest with 85 visits, with RBS (RBS) and Lloyds (LYG) following with 65 and 58 encounters, respectively, the report says. Reference Link

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