HSBC Could Exit U.S. Retail Banking Sector
Would transformational steps in HSBC’s U.S. business lead to a total exit from banking sector in the country?
HSBC
Banks In Britain Include ‘Worst’ Scenario Into ‘Their Risk Models’
In a provisional “potential” loss in loans across these banks could go up to “$22 billion” whereby leaving the previous “analyst forecasts” behind and ramping up pressure on selling shares which already took a beating due to the ongoing global pandemic.
HSBC Sends Out Memo On Resuming ‘Redundancy Plan’ Post COVID-19 Crisis
The cost restructuring plan of HSBC was put on hold due to the global outbreak of COVId-19 pandemic. Now that profits slouches which difficult economic forecasts ahead, the bank decides to fall back on its initial plan to cut over thirty thousand jobs.
Goldman Sachs Rolls Out Digital ‘Saving Platform’ For Its Staff in Britain
As a prelude to public introduction, Goldman Sachs’ internal memo informs its staff about its digital saving accounts facilities.
HSBC To Settle Libor Manipulation Probes With ‘$100 Million’
HSBC agrees to pay for avoiding risks, distractions and expense and not for any wrongdoing.
Workers & Business Organisations Of Small Scale Affected By Carillion Liquidation To Receive Financial Help From British Business Bank
BEIS reports about an additional package to ease the financial difficulties of the Carillion collapse victims.
HSBC forecasts two hikes in interest rates within the next 12 months
According to analysts at HSBC, with the Bank of England deciding to join the other G10 central bankers in the decision to ease off accommodative monetary policy, it is likely that it will act as a wind beneath the sterling’s wings and lift it by at least 15 cents by the end of this year. Surprisingly the Sterling has largely ignored the political intrigue of Brexit, through much of 2017.
Indian Market Is ‘The Least Driven By Global Factors’: HSBC
HSBC finds investing in Indian market is the safest option in an uncertain global scenario.
HSBC Adapts ‘Voice Biometric Technology’
In the era of technology, HSBC to alter the traditional system of banking.
