HSBC tells staff to wind down dealings with Russian banks - report
28th Feb 2022 10:30
(Sharecast News) - HSBC has told staff to start winding down relations with a number of Russian banks, including VTB, the country's second-largest lender, it was reported on Monday.
Read moreHSBC Q4 profit almost doubles as growth accelerates
22nd Feb 2022 07:02
(Sharecast News) - HSBC's growth accelerated in the fourth quarter of 2021 as the bank almost doubled its pretax profit but the bank's outlook was muted.
Read moreTuesday preview: Ukraine-Russia crisis, HSBC in the spotlight
21st Feb 2022 16:18
(Sharecast News) - Geopolitics will continue to be front and centre after Moscow announced overnight its decision to recognise the independence of Ukraine's two breakaway republics and to deploy 'peacekeepers.
Read moreHSBC told to review credit risk reporting - report
15th Feb 2022 11:02
(Sharecast News) - UK regulators have told HSBC to review how it reports on credit risk, according to a report.
Read moreFed keeps policy unchanged, Powell says risks two-sided and avoids specifics
26th Jan 2022 19:08
(Sharecast News) - The US central bank didn't spring any immediate surprises on investors following its two-day policy meeting.
Read morePBoC cuts key lending rates by less than expected
20th Jan 2022 08:25
(Sharecast News) - China's central bank trimmed two key lending rates overnight in a bid to bolster activity in the country's property sector and in order to help small businesses.
Read moreRichmond Fed's Barkin tells WSJ that March rate hike is "conceivable"
10th Jan 2022 10:51
(Sharecast News) - A top US central bank official told the Wall Street Journal that an interest rate increase was "conceivable" at the Federal Reserve's March policy meeting.
Read moreBoA says prospects for HSBC share buybacks brightening
4th Jan 2022 15:28
(Sharecast News) - Analysts at Bank of America raised their target price for shares of HSBC, telling clients that the prospects for share buybacks by the lender were brightening.
Read moreHSBC fined £63.94m by FCA for anti-money laundering failings
17th Dec 2021 07:50
(Sharecast News) - British multinational bank HSBC has been fined £63.94m by the Financial Conduct Authority for failings in its anti-money laundering processes.
Read moreDeutsche Bank upgrades shares of HSBC and NatWest Group to 'buy'
7th Dec 2021 16:31
(Sharecast News) - Analysts at Deutsche Bank sounded a positive note on the outlook for UK and Irish banks, telling clients that their business mix was becoming more profitable.
Read moreDeutsche Bank downgrades Barclays, upgrades NatWest
7th Dec 2021 14:44
(Sharecast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' on Tuesday as it switched its preference into NatWest, which was upgraded to 'buy' from 'hold.
Read morePBoC announces half point cut to RRR for all lenders
6th Dec 2021 09:48
(Sharecast News) - The People's Bank of China said that it will lower its reserve requirement ratio for all lenders, as hinted to by Chinese premier Li Keqiang and the country's Politburo.
Read moreEC fines HSBC, Barclays, RBS for FX rigging
2nd Dec 2021 11:59
(Sharecast News) - The European Commission has fined HSBC, Barclays, NatWest and Credit Suisse a total of €344m (£293m) for rigging foreign currency markets.
Read moreHSBC Q3 profits up 74%, announces $2bn buyback
25th Oct 2021 07:02
(Sharecast News) - HSBC on Monday reported bumper third-quarter profits that smashed expectations as it unveiled plans for a share buyback of up to $2bn after releasing hundreds of millions set aside for expected bad loans during the Covid pandemic.
Read moreMPC member Tenreyro pushes back on early rate rise
14th Oct 2021 12:31
(Sharecast News) - One of the Bank of England's policy setters has warned against raising interest rates in response to short-lived inflationary pressures, arguing it could be "self-defeating".
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