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Stock Market & Financial Investment News

News Breaks
March 19, 2014
05:29 EDTHSBCHSBC downgraded to Underperform from Outperform at Credit Suisse
News For HSBC From The Last 14 Days
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October 1, 2014
08:26 EDTHSBCHSBC increases international loan program to $5B
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September 29, 2014
06:23 EDTHSBCCitigroup, JPMorgan meet with FCA to settle forex rigging probe, WSJ reports
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September 24, 2014
15:04 EDTHSBCGoldman, other banks near deal to buy Bloomberg messaging alternative, WSJ says
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September 18, 2014
07:52 EDTHSBCUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTHSBCEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European 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

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