HSBC slapped with £57.4m fine for deposit protection failures
30th Jan 2024 07:27
(Sharecast News) - HSBC bank has been fined £57.4m by the Bank of England after admitting serious failings in protecting customer deposits.
Read moreCanada govt approves $13bn sale of HSBC local unit to RBC
22nd Dec 2023 07:02
(Sharecast News) - The Canadian government has approved the $13.5bn takeover of HSBC Canada by RBC, allowing the sale to proceed despite calls for it to be blocked over fears of reduced competition in the sector.
Read moreLondon close: Stocks mixed as investors mull fresh data
5th Dec 2023 15:26
(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.
Read moreLondon close: Stocks mixed as US GDP growth tops forecasts
29th Nov 2023 16:40
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.
Read moreHSBC apologises after online banking outage
24th Nov 2023 11:01
(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.
Read moreLondon close: Stocks mixed as investors digest Autumn Statement
22nd Nov 2023 15:12
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.
Read moreRBC Capital downgrades HSBC, says shares looking 'more fair value'
22nd Nov 2023 07:50
(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.
Read moreChinese credit growth ticks higher in October but rate of money supply increase slows
13th Nov 2023 12:27
(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Read moreChinese credit growth ticks higher in October but rate of money supply increase slows
13th Nov 2023 12:27
(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Read moreLondon close: Stocks gain as investors await Powell speech
9th Nov 2023 15:02
(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Read moreChina's exports slide as imports unexpectedly jump
7th Nov 2023 10:19
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.
Read moreLondon close: Stocks higher after flurry of corporate updates
30th Oct 2023 16:00
(Sharecast News) - London's financial markets showed resilience on Monday, finishing with gains as investors assessed corporate results and awaited significant central bank policy updates.
Read moreHSBC Q3 profit misses expectations; $3bn share buyback announced
30th Oct 2023 07:28
(Sharecast News) - HSBC posted a smaller-than-expected jump in third-quarter profits on Monday, as it announced a $3bn share buyback.
Read moreUK banking stocks are undervalued, says Shore Capital
18th Aug 2023 10:22
(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".
Read moreHSBC boosted by rising interest rates as H1 profits grow
1st Aug 2023 07:46
(Sharecast News) - HSBC posted a rise in first-half profits on Tuesday as it benefited from rising interest rates, and announced a share buyback of up to $2bn.
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