HSBC bans customers buying MicroStrategy shares because of bitcoin holding
MicroStrategy last week said it owned 91,579 bitcoins
Company
HSBC Holdings PLC
LON:HSBA
HSBC serves customers worldwide from more than 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC is one of the world's largest banking and financial services organisations.
619 stories · page 14 of 31
HSBC to move 1,200 UK employees to permanent home working
Around 70% of the bank's 1,800 call centre staff have volunteered to never go back to the office
Why AI can help you beat the market
“It’s like thousands of traders working around the clock to help us learn what to invest in and when”
HSBC is being bounced out of coal, apparently. Or is it?
The bank was set up in Shanghai in the middle of the 19th century, and has had a chequered public relations history ever since
HSBC to invest up to US$1 trillion to help customers decarbonise
The bank will phase out the financing of coal-fired power and thermal coal mining by 2040 and set net-zero targets for customers
Banking on dividends: Lloyds Banking and NatWest set the pace
The banks have been allowed to start paying dividends again but some have opted to "return cash" by buying back shares, which might boost the bank's EPS but won't pay the grocery bills
HSBC to slash office space but committed to Canary Wharf
Analysts were surprised at the cut in the return in equity target from 10-12% to 10%.
HSBC confirms focus shift towards Asia as profits tumble
Profits fell 34% to US$8.8bn, which was slightly better than expected but affected by higher bad debt charges
HSBC's pivot away from UK and US likely to overshadow financials on Tuesday
There will also be results from Holiday Inn owner Intercontinental Hotels, chemicals specialist Croda International and household goods manufacturer McBride
Lloyds, HSBC and AB Foods results come after PM sets agenda with lockdown reopening speech
Resuts are also due from Standard Chartered, IAG, BAE Systems and Serco
FTSE 100 closes in red as yesterday's inoculation optimism fizzles out
The UK's top share index closed down around seven points, or 0.11%, at 6,748
HSBC to shutter 82 UK branches as customers prefer digital banking
The move is not expected to result in job losses as staff will be moved to nearby sites
HSBC ponders exit from US retail banking
The giant lender said last month that it was "pursuing options to accelerate the transformation" of the US business
HSBC posts smaller-than-expected 35% drop in quarterly profit, easing in bad debt provisions
Reported pre-tax profit for the Asian-focused lender came in at $3.1bn for the quarter ended September 30, higher than the $2.07bn average of analysts’ forecasts
Archive
FTSE 100 mirrors yesterday's steady decline; Wall Street muddled over coronavirus fears
It has been another day of steadily accumulating losses for the Footsie, with sentiment not helped by a strong sterling exchange rate
Archive
Corporate deluge kicks off with a vengeance on Tuesday, including updates from HSBC and BP
HSBC is estimated to post a pre-tax profit of US$2.1bn, compared to US$1.1bn in the second quarter and US$3.2bn in the first quarter
Lloyds and bank peers, BT, BP, Shell and US tech giants make for packed week ahead
There will also be updates from GlaxoSmithKline, Next, Smith & Nephew, Whitbread and WPP, plus many more
HSBC announces net-zero carbon emissions target for own operations, customers
The bank allocated between US$750bn and US$1 trillion over the next ten years to help its customers achieve the new target
HSBC surges as largest shareholder ups stake
Ping An Asset Management, part of Chinese investment giant Ping An Insurance, increased its stake in the bank to 8% from 7.95% late last week
HSBC and Standard Chartered hit by new money laundering allegations
HSBC said the leaked documents related to historical events