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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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January 29, 2015
07:36 EDTHSBCStandard Chartered CEO growing unpopular with shareholders, executives, WSJ says
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05:38 EDTHSBCHSBC downgraded to Underperform from Neutral at Exane BNP Paribas
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January 28, 2015
16:56 EDTHSBCFederal judge says FOREX manipulation case to proceed, Reuters reports
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January 27, 2015
06:52 EDTHSBCEuropean Central Bank raises capital requirements for banks, WSJ says
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January 26, 2015
07:30 EDTHSBCHSBC to provide $9B in financing to Hutchison Whampoa, WSJ says
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January 20, 2015
07:30 EDTHSBCU.K. banks see Bitcoin as threat to sterling, boon to terrorists, Telegraph says
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