Barclays launches £600 cash switch offer – how does it compare on the high street? Many building societies and banks offer incentives to switch but you must do it in the right way The Independent UK · Oct 5
Wealthy HSBC banker is banned from the City for dodging £5,900 in train fares Joseph Molloy, 53, saved almost £6,000 by buying tickets covering only the beginning and end of his journeys Evening Standard · Oct 3
UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system The Guardian - UK · Oct 3
HSBC hires Cantor's Paras Jain to lead global TMT banking, sources say HSBC has appointed Paras Jain as the global head of TMT investment banking, with a start date in November. Jain previously worked at Cantor Fitzgerald, where he built its technology investment banking group. This hiring coincides with HSBC's strategy to focus on financing areas with greater competitive strength. The bank… The Economic Times · Oct 2
Ex-HSBC executive banned after dodging nearly £6,000 in train fares Joseph Molloy used the ‘doughnutting’ scam across hundreds of journeys The Independent UK · Oct 2
Stocks slump as bond market worries bite The FTSE 100 index ended down 177.73 points, or 1.7%. Evening Standard · Oct 1
India factory activity rebounds sharply in September as demand revives, PMI hits 7-month high India's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC India Manufacturing Purchasing Managers' Index rose to 55.1, indicating notable growth in factory activity. New orders increased significantly, with manufacturers reporting higher export demand from multiple international clients. Employment in the… The Economic Times · Oct 1
Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors? Deutsche Bank upgraded Netflix to Buy despite cutting its price target, while Evercore ISI raised its target and HSBC and Wells Fargo turned bearish ahead of earnings in three weeks. MarketBeat · Sep 30
Target Stock Just Scored a New 'Buy' Rating. Here's Why. HSBC issues a bullish note in favor of Target stock. Here’s why the investment firm sees further upside in TGT shares. Barchart · Sep 30
UK banks are Europe’s biggest coal financiers, report finds Study says UK-based banks provided $8.3bn in coal financing in four years, with Barclays and HSBC leading rise The Guardian - UK · Sep 30
Saudi Arabia Rethinks IPO Rules as Investor Appetite Weakens Saudi Arabia’s IPO market is struggling to sustain the momentum of recent years, as weak post-listing performance, valuation gaps, and geopolitical uncertainty are prompting regulators to rethink how IPOs come to market Fortune · Sep 30
Wall Street Says the Muse AI Catalyst for Twilio Stock Is More Hype Than Substance Twilio’s Muse AI hype is facing a reality check as HSBC questions whether Meta’s AI agent can truly translate into meaningful gains for the company. Barchart · Sep 29
‘Visible and engaged’: Burnham in listening mode with businesses at Labour party conference PM reassures firms and chancellor vows help on costs – but unease remains over possible budget tax rises The Guardian - UK · Sep 29
HSBC makes big push for affluent clients in India to fuel growth HSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to become one of the top private banks in India by 2030, focusing on wealth management and transaction banking. HSBC is also targeting affluent customers… The Economic Times · Sep 28
The Economic Times · Sep 28 Premium travel cards are changing as banks tie perks to broader customer relationships; here’s what you need to know A bank can afford to give an affluent customer a highly rewarding credit card if that card helps persuade the customer to consolidate assets with the lender. The other advantage is that a credit card is one of the most visible products a bank gives a customer. Every transaction reinforces…
Barchart · Sep 25 HSBC Just Downgraded Twilio Stock. Here's Why. Twilio shares sink as HSBC issues a bearish research note. Here’s why analyst Sameer Lam recommends caution in playing TWLO stock.
Barchart · Sep 25 Stocks Rise as Crude Prices Fall and Bond Yields Stabilize The S&P 500 Index ($SPX ) (SPY ) is up by +0.26% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.34%. December E-mini S&P futures (ESZ26 ) are up +0.24%, and December E-mini...
Euronews · Sep 24 Britain's largest banks make first interbank transactions using tokenised deposits Britain's largest banks have completed what the industry describes as the first transactions anywhere using tokenised deposits to move money between one another, a milestone for a blockchain-based form of bank money that the Bank of England favours over privately issued stablecoins.
The Economic Times · Sep 24 HSBC plans India equity broking return after 13 years amid IPO boom, sources say After a decade-long hiatus, HSBC is gearing up to re-enter the Indian equity broking sector, responding to the increasing demands from wealthy clients and an active share sale market. The bank is set to introduce retail broking services shortly, leveraging its existing broking license. With this move, HSBC aims to…
Evening Standard · Sep 23 HSBC targets younger workers with entry-level hiring drive Around a third of all hires the bank has made in the UK this year have been aged 18 to 24.
Barchart · Sep 23 This Analyst Just Downgraded Netflix Stock, And YouTube May Be to Blame HSBC downgrades Netflix stock to “Hold.” Here are analyst Mohammed Khallouf’s core concerns regarding NFLX share price recovery.
The Economic Times · Sep 23 HSBC lifts STOXX 600 year-end target on stronger earnings outlook HSBC has revised its target for the STOXX 600 index upwards to 680 points, driven by expectations of robust earnings growth. Additionally, the forecast for the FTSE 100 index has been adjusted to 11,390 points, buoyed by positive market trends. Enhanced business optimism and diminished geopolitical worries have supported this…
Evening Standard · Sep 21 'Swiss cheese' plan for famous London office block Unique cutouts have earned the project the nickname of the ‘Swiss Cheese’ building
International Business Times UK · Sep 17 'Putney Pusher' Suspect Dies Before Charges, Leaving the Viral Bus-Shove Case Unsolved After Nine Years Nicholas Brandram, the HSBC banker and ex-Army captain arrested over the 2017 Putney Bridge 'pusher' attack, has died before charges, leaving the viral case unsolved after nine years.
International Business Times UK · Sep 17 Is the Putney Pusher Case Over? Nicholas Brandram's Death Leaves the 2017 Mystery Unresolved Nicholas Brandram has died months after his arrest, but no charge or conviction has ever established who pushed the woman in 2017.