HSBC beats first quarter profit forecasts, shares rise
27th Apr 2021 06:58
(Sharecast News) - HSBC saw first quarter profits more than double versus the year ago period, boosted by a reversal in its credit losses, profits across all major divisions, and with its European and US operations back in the black.
Read moreHSBC not diverted by China-West spats, CEO says
21st Apr 2021 09:03
(Sharecast News) - HSBC will not be diverted by short-term flare-ups between China and the West and will stick to its strategy of bridging Asia and developed markets, the bank's chief executive said.
Read moreWorld wants 'justice, not hegemony' - Xi Jinping
20th Apr 2021 13:51
(Sharecast News) - China's president Xi Jinping has called for a shake up global governance, including challenging the existing hegemony of big countries.
Read moreNationwide lifts borrowing amount for first-time buyers
20th Apr 2021 10:36
(Sharecast News) - UK building society Nationwide is increasing the amount it will lend to first-time buyers in a move it claims will help increase home ownership.
Read moreShoreCap continues to see 'positive momentum' in UK banks' shares
19th Apr 2021 10:43
(Sharecast News) - ShoreCap analysts continued to see "positive momentum" in UK banks' shares on the back of successful Covid-19 vaccine rollouts.
Read moreHSBC scraps executive floor in switch to hot desking
19th Apr 2021 09:31
(Sharecast News) - HSBC boss Noel Quinn has scrapped the executive floor at the bank's London headquarters, forcing top managers to hotdesk as the bank adapts to post-pandemic working practices, the Financial Times reported.
Read moreJimmy Lai, nine others to be sentenced over illegal assembly in Hong Kong
16th Apr 2021 09:43
(Sharecast News) - Hong Kong media tycoon Jimmy Lai and nine others are to be sentenced on Friday for alleged illegal assembly during the anti-government protests there during 2019.
Read moreHSBC moves business heads to Hong Kong - report
14th Apr 2021 10:48
(Sharecast News) - HSBC is moving four top executives to Hong Kong from London as the bank shifts towards Asia, according to a report.
Read moreCredit Suisse reiterates 'positive' stance on UK Banks
12th Apr 2021 12:26
(Sharecast News) - Analysts at Credit Suisse reiterated their "positive" stance on UK banks ahead of the start of the earnings season for the sector.
Read moreXi warns Merkel of difficulties ahead in China-EU relations
7th Apr 2021 14:19
(Sharecast News) - China's President Xi Jinping on Wednesday told German Chancellor Angela Merkel that relations between China and the EU were facing "various challenges" and he hoped the 27-nation bloc could "independently" make correct judgements, Chinese state media reported.
Read moreHSBC moves 1,200 staff to permanent home working - report
7th Apr 2021 13:35
(Sharecast News) - HSBC is switching more than 1,200 of its UK employees to permanent home-working in a further sign of companies locking in changes to work patterns wrought by the pandemic.
Read moreTuesday broker round-up
6th Apr 2021 13:27
(Sharecast News) - Touchstone Exploration: Canaccord downgrades to speculative buy with a target price of 140p.
Read moreAviva to shun Deliveroo IPO over treatment of workers
24th Mar 2021 10:08
(Sharecast News) - Aviva Investors said it would not buy shares in Deliveroo's flotation because of risks posed by the company's treatment of its workers.
Read moreFed's Kaplan among those expecting first interest rate hike in 2022
23rd Mar 2021 12:21
(Sharecast News) - The US central bank should start hiking interest rates in 2021, a top Federal Reserve official reiterated on Tuesday.
Read moreHSBC in final talks to sell French retail bank - report
17th Mar 2021 14:57
(Sharecast News) - HSBC is in final talks to sell its French retail banking business to Cerberus, a private equity firm, for a token price Reuters reported.
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