HSBC

HSBC Declares New Market Paradigm Where Fixed Income Reigns

According to HSBC Asset Management, when the global order breaks, markets have entered a "new paradigm" and recession risk indicates that "bonds are back.

HSBC breaks tradition, names AIA boss Mark Tucker as chairman

The chief executive of the Asian life insurer AIA Group will take over as HSBC chair on October 1, the first outsider to take on the role that breaks an HSBC tradition.

HSBC and JPMorgan Well Ahead In ARAMCO IPO Race

State owned Saudi Arabian Oil Co. (ARAMCO) is possibly going for an IPO aiming to raise funds for $1 trillion to $10 trillion. Some shares of the IPO may be awarded among the local banks and investors following ARAMCO’s action plan. However, experience in banking operations in the kingdom is believed to play the key role for selection which put HSBC and JPMorgan well ahead in the IPO grabbing race.

HSBC to repackage global loan into bonds to increase profits

HSBC is repackaging its loans sold in Asia, Africa and the Middle East into bonds to increase its investment banking profits as pre-crisis regulations has made it more expensive to earn in the loan business.

Switzerland sentences the "Edward Snowden of Tax Evasion" to 5 years in prison

After a six year investigation by the Swiss authorities, Herve Falciani was sentence to five years imprisonment for corporate espionage.

HSBC and JPMorgan Chase Must Increase Their Cash Reserve According to New Rule

After seven years of Lehman Brothers collapse, global economy learns to prevent the same incident occurs. Top 30 world's most important banks must raise trillions to meet new rules of total loss-absorbing capacity, on top of the lists are HSBC and JPMorgan Chase.

HSBC Pre-Tax Profit grew more than expected due to lower regulatory fines cost

Lower cost of regulatory fines led to an increase in HSBC's pre-tax profit, beating analysts' expectations of $5.2 billion.

Latest Stories

99Bitcoins Presale Hits $600k, Signaling Massive Interest in Learn-To-Earn ($1M Next?)

With the latest Bitcoin Halving chapter coming to a close, 99Bitcoins is positioning as an altcoin trailblazer for the year ahead, introducing a ground-breaking learn-to-earn strategy through the 99Bitcoins Token (99BTC). Kicking off with a bang, the 99Bitcoins presale has already amassed more than $650k in the first few days, capturing the attention of investors keen on getting in early.

Free Crypto Riches: How to Profit from Airdrops 2024

With the colossal tidal wave of cash that hit the market during the early 2021 bull run, crypto projects have been showering their communities with tokens and even cold hard USD rewards through airdrops all the way up to today. Now, with trends like play-to-earn setting the stage, the frequency of these digital rainchecks has skyrocketed.

Food Prices Down in 2024? Time to Revise Your Grocery Budget

It looks like this year will mark the end of rising food costs globally. Oxford Economics projects that global food prices will drop in 2024, providing some respite for consumers.

Don't Wait! Get Your 2024 Tax Refund Status in Minutes

There are a few simple methods to find out where your return is. You may use the IRS2Go mobile app or visit their "Where's my refund?" webpage.

Strategies to Beat the Heat and Keep Costs Down

As the country celebrates Earth Day, shoppers may have noticed one impact of climate change: rising temperatures are making it harder for Americans to pay their bills, and in some cases, they are even forcing families to decide between purchasing groceries and cooling their houses.

Must Read

Low-Income Borrowers Face Loan Delinquency as Prices Rise

According to current data and bank executives, U.S. borrowers with lower incomes are finding it more and more difficult to make their loan payments. As a result, banks are becoming more cautious when granting credit cards and auto loans.

Another Retailer Bites the Dust: How Express's Struggles Reflect the Changing Retail World

Express Inc. has filed for Chapter 11 bankruptcy protection. Once a trailblazer in casual workplace wear, the company has struggled to compete with retailers like Zara and H&M.

Best Base Memecoins to Invest In April 2024

As we tiptoe past the Bitcoin Halving, Base Crypto is stealing the spotlight, enticing a fresh wave of enthusiasts eager to dip their toes into the cryptocurrency ocean. And guess what? It's meme o'clock over at Base, with some standout players you won't want to miss. So, buckle up; we're about to dive into the three top memecoin contenders making waves this April 2024.

Small Biz Blues: Optimism Dips to 11-Year Low Amid Inflation Woes

In a world where small businesses are often seen as the plucky underdogs, bravely battling against the odds, the latest news hits a bit like a cold shower. The National Federation of Independent Business (NFIB) just dropped its business optimism survey, and folks, the mood is more subdued than a rainy day at a beach party.

Powerful Passive Income Strategies to Boost Your Retirement Savings

According to recent data from Northwestern Mutual, the average baby boomer has only saved $120,300 for retirement.

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