HSBC makes management changes for 'next phase of strategy'
9th Dec 2019 09:44
(Sharecast News) - HSBC Holdings announced a number of changes to its senior management team on Monday, which it said would position the banking giant for the next phase of its strategy.
Read moreMonday broker round-up
18th Nov 2019 13:24
(Sharecast News) - Croda International: Liberum Capital downgrades to hold with a target price of 4,400p.
Read moreJefferies upgrades HSBC to 'buy' on restructuring plans
18th Nov 2019 11:22
(Sharecast News) - Analysts at Jefferies upgraded their recommendation for shares of HSBC from 'hold' to 'buy' in anticipation of an uplift to the lender's return on capital as it restructured some of its operations.
Read moreChinese officials grow more pessimistic on chances of US-China trade deal
18th Nov 2019 08:33
(Sharecast News) - US President Donald Trump's recent announcement that he had not agreed to any roll-back in already imposed trade tariffs on China had made authorities in Beijing turn more pessimistic on the chances that a phase-one deal between the two economic giants could be reached.
Read moreTuesday broker round-up
5th Nov 2019 11:57
(Sharecast News) - HSBC: Berenberg downgrades to sell with a target price of 490p.
Read moreBerenberg downgrades HSBC to 'sell', deems forecasts 'unrealistic'
5th Nov 2019 11:52
(Sharecast News) - Analysts at Berenberg sounded a critical note on HSBC's strategic plans, telling clients they were "poorly-timed" and "unrealistic".
Read moreShoreCap recommends switching out of HSBC and into Barclays, Lloyds and StanChart
29th Oct 2019 17:01
(Sharecast News) - ShoreCap stayed at a 'hold' on shares of HSBC following the lender´s third quarter results.
Read moreHSBC works to contain 'unacceptable' performance in parts of group
28th Oct 2019 07:37
(Sharecast News) - HSBC reported a 3% fall in third quarter revenue on Monday, to $13.4bn, which it said was down to lower client activity in its global markets operations, compared with a strong third quarter last year.
Read moreThursday broker round-up
17th Oct 2019 13:11
(Sharecast News) - Weir Group: UBS downgrades to neutral with a target price of 1,450p.
Read moreHSBC to cut up to 10,000 jobs globally
7th Oct 2019 09:44
(Sharecast News) - HSBC is planning to cut up to 10,000 jobs worldwide as part of a cost-cutting move, according to reports published on Sunday.
Read moreThursday broker round-up
12th Sep 2019 10:29
(Sharecast News) - InterContinental Hotels: JPMorgan downgrades to underweight with a target price of 4,700p.
Read moreHSBC to put loss-making French retail bank on the auction block
11th Sep 2019 17:39
(Sharecast News) - HSBC is preparing to put its loss-making French retail lender on the auction block.
Read moreDeutsche Bank downgrades Lloyds and RBS
6th Sep 2019 14:33
(Sharecast News) - Deutsche Bank downgraded its stance on shares of RBS and Lloyds Banking Group on Friday as it took a look at UK banks.
Read moreJP Morgan reiterates 'underweight' for HSBC on trade war concerns
14th May 2019 10:32
(Sharecast News) - JP Morgan analyst Raul Sinha reiterated his 'underweight' stance on shares of HSBC, telling clients that the lender's valuation had yet to reflect the risk to revenues from trade concerns.
Read moreHSBC posts strong profit gain as revenue rises
3rd May 2019 08:09
(Sharecast News) - HSBC's profit rose by almost a third in the first quarter as revenue increased and costs fell at the global bank.
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