Company
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.
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“Whilst managements of stronger banks were keen to underline their conviction of a dividend return to normal next year, investors’ reluctance to incorporate this into their investment thesis is at an all-time high,” the analysts reckon
Archant, the publisher of the Ham & High and Eastern Daily News, has negotiated a rescue deal by private equity investor Rcapital
The US bank cut its target back by 7% to 525p from 565p, with the shares currently trading at 325.25p, down 0.1% on Friday's closing price
The FTSE 100-listed global lender posted a pre-tax profit of $4.32bn for the half-year to June 30, 2020, down from $12.41bn and below the analyst consensus estimate of $5.67bn
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The macro front will also see some key events including the Bank of England's interest rate decision and the latest US non-farm payroll data
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AEX Gold (TSXV:AEV) is intending to admit its shares to AIM alongside a £45m placing. The Company, led by CEO Eldur Ólafsson, has established the largest land package of gold assets in Greenland with a current portfolio of licences covering
Decoupling the Hong Kong dollar from the greenback could leave the bank's profits more exposed to adverse foreign currency movements
The banking giant said it will establish a financial technology firm in the country, while one of its joint ventures will hire more staff for a wealth management unit to attract customers in Guangzhou and Shanghai
The banking giant posted on its official WeChat account saying the Chinese population should "reasonably" consider its positive role as an international bank
The new laws have attracted criticism from international human rights groups as well as opposition politicians in Hong Kong, who fear they will be used to silence opposition to the Chinese Communist Party
Analysts at Jefferies have switched preference to Standard Chartered, giving it a double-upgrade
The new law, which suppsedly targets subversion, terrorism and foreign influence in Hong Kong, has sparked fears of renewed mass protests as well as an erosion of the city's status as a global financial hub
The FTSE 100 lender's footprint in faster-growing markets such as Asia distinguishes it from many peers, the analysts said
At the point at which the demand for oil collapsed, the need for new drugs became a hot issue.
Coronavirus loan losses make the headlines but the real sickness for banks is from more years of low interest rates
“The economic impact of the Covid-19 pandemic on our customers has been the main driver of the change in our financial performance since the turn of the year”
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Britain's top share benchmark finished the day up over 111 points at 5,958, while FTSE 250 added over 338 at 16,291
Builders and building materials
There are also updates from Travis Perkins, Weir Group and Shoe Zone on Tuesday
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Updates in the coming week include a litany of blue-chips such as BP, Shell, AstraZeneca, GSK and Sainsbury's
The bank also warned that the coronavirus outbreak could result in “revenue reductions" and "further credit losses" as a result of the disruption in China and Hong Kong
