New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2015
13:34 EDTHSBCHSBC close to $4B sale of Brazil unit to Bradesco, FT reports
Subscribe for More Information
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
Subscribe for More Information
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

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use