The Latest Breaking News from HSBC

Palantir just earned a $215 price target from BofA, fueled by AI-driven innovation and blockbuster deals.

HSBC's plan to take Hang Seng Bank private has rattled markets, pausing share buybacks and dividing investors on whether to hold, sell or buy amid rising exposure to Asia and Hong Kong's uncertain outlook.

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

HSBC, which already owns around 63% of Hang Seng, is proposing to pay around £10.2 billion on buying out the remaining shares to de-list Hang Seng.

HSBC‘s (HKG: 0005) (NYSE:HSBC) (LSE: HSBA) Hong Kong shares dropped over 7% on Thursday, after the European lender announced plans to privatize its majority-owned local unit, Hang Seng Bank (HKG: 0011), in a deal valued at HK$106.1 billion (about $13.63 billion).

Asian markets were mixed Thursday as investors tried to assess the outlook for the global AI-fuelled rally, Federal Reserve interest rates and the ongoing US government shutdown.

UK banks, energy giants and arms exporters are at the heart of one of the world’s least-known human rights and environmental crises, our research has revealed.

All three main U.S. equity indexes opened higher but closed lower as a seven-session winning streak for the S&P 500 came to an end.

HSBC (HSBC) is trading at new 10-year highs and boasts strong technical momentum. Shares are up nearly 57% over the past year. The stock boasts a 2.8% dividend yield and has fundamentals that support its technical strength. Analyst sentiment is positive but mixed, with most ratings between “Strong Buy” and...