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The Latest Breaking News from HSBC

TE Connectivity Stock: Is Wall Street Bullish or Bearish?

While TE Connectivity trails behind the broader benchmarks over the past year, Wall Street analysts remain cautiously optimistic about the stock’s future.

Barchart

Starbucks To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

Ovo Energy launches HSBC-backed lending product for solar panels

Energy companies are increasingly exploring financing options with lenders to enable customers to make their homes more efficient.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Indigenous Leaders Urge UK To Ban Amazon Oil Financing

Wampis leaders in Peru call for action to protect their rainforest lands from oil pollution and environmental harm caused by international banks funding Pe...

Top News

HSBC to open London ‘wealth centre’ in effort to draw in premier clients

Aimed at those with £100,000 to £2m, service in Mayfair will offer personalised banking and exclusive events

The Guardian - UK

Disgraced Singapore Oil Tycoon Sentenced To Nearly 18 Years For Fraud

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.

International Business Times

Disgraced Singapore Oil Tycoon To Be Sentenced For Fraud

The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.

International Business Times

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Santander, HSBC and TSB increase mortgage rates after applications rush in spite of Bank of England cut

Santander, HSBC and TSB raised rates by up to 0.3 percentage points

The Independent UK

6 Key Takeaways From The 2025 DP World Tour Schedule

In the first DP World Tour schedule released since Guy Kinnings was appointed CEO, there are a number of interesting changes to the European-based circuit's 2025 calendar

Golf Monthly

Dow Jones Roars After Donald Trump Victory: What To Do Now; Elon Musk Stock Tesla Among Early Winners

The Dow Jones, along with Elon Musk's Tesla, surged following the election victory of Donald Trump. Here's what investors should do now.

Investors Business Daily

Low ambition and incoherent targets from banks put net zero at risk – analysis

ShareAction analysed targets for emissions from financing high-impact activities and for increasing sustainable finance at Europe’s 20 biggest banks.

Evening Standard

US economy added only 12,000 jobs in October in shock pre-election drop – as it happened

Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election

The Guardian - UK

FTSE slides in run-up to Budget as BP shares tumble

The FTSE 100 finished 66.01 points, or 0.8%, lower to end the day at 8,219.61.

Evening Standard

HSBC to start cutting top banker roles as it reveals jump in profit

The banking giant said it is ‘moving at pace’ with a major restructuring announced last week.

Evening Standard

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The Guardian - UK

HSBC denies breakup plan as it launches $3bn share buyback

London-headquartered bank says profits beat forecasts as it prepares to split eastern and western operations

International Business Times

HSBC Reports $8.5 Billion Pre-tax Profit In Third Quarter

Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 percent year-on-year, citing revenue growth in two of its divisions, days after the lender announced an organisational overhaul.

Evening Standard

FTSE 100 Live 29 October: HSBC shares rally as results beat hopes, BP profits fall

Top marks for Pearson and forecast-beating HSBC today contrasted with a results-day setback for BP near the foot of the FTSE 100 index.

The Guardian - UK

HSBC’s ‘better world’ seems to exclude our charity

When we asked the bank to transfer our aid fund assets to a new account it refused

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news in one place.

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The Independent UK

HSBC reports nearly one billion jump in pre-tax profit in third quarter results

However, the British bank’s interest income fell by 1.6 billion dollars when compared with the same time last year.

Evening Standard

FTSE 100 Live 28 October: Oil price slide hits BP and Shell, Trainline upgrades guidance

A 5% slide in the price of Brent Crude today ensured BP and Shell led the fallers board during an otherwise resilient session for the FTSE 100 index.

Fortune

HSBC names first female CFO—Pam Kaur gets top finance job as her predecessor ascends to CEO

Kaur's appointment coincides with a reorganization of the bank.

The Guardian - UK

Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – as it happened

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets

Fortune

What a ranking of banks' AI prowess says about the tech's "flywheel" effects

JPMorgan Chase tops the ranking, showing the power of first-move advantage when it comes to generating value with AI.

The Guardian - UK

HSBC splits operations into east and west divisions in major overhaul

Bank will also divide into four businesses as it seeks to cut costs and navigate rising geopolitical tensions

The Independent UK

Europe’s biggest bank announces overhaul with split into East and West

The changes will take effect from 2025

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