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Stock Market & Financial Investment News

News Breaks
February 24, 2014
06:10 EDTHSBCHSBC reports 2013 profit before tax $22.6B vs. $20.6B a year ago
Reports Common equity tier 1 ratio 10.9% vs. 9.5% last year. The bank said, "Although much progress has been made since 2011, we did not meet all of our targets by the end of 2013. Our reported cost efficiency ratio of 59.6% and return on equity of 9.2% in 2013 were both outside our target ranges, in part affected by continuing UK customer redress. In addition, there is further work required to grow our incremental wealth revenues to achieve our target of US$3bn in the medium term."
News For HSBC From The Last 14 Days
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October 16, 2014
08:42 EDTHSBCUBS, DOJ in talks for forex rigging settlement, FT reports
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06:50 EDTHSBCEuropean regulator rejects bonus loophole, NY Times says
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October 15, 2014
07:27 EDTHSBCJPMorgan, HSBC fire traders linked to forex probe, WSJ reports
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October 14, 2014
06:45 EDTHSBCData says UK banks paid less than 40% to cover mis-selling, Reuters says
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October 10, 2014
09:13 EDTHSBCEBA says EU stress test results to be published October 26
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October 9, 2014
06:37 EDTHSBCJPMorgan hackers linked to 13 other possible breaches, Bloomberg says
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