HSBC Holdings plc Sponsored ADR Aktie News

HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas.

NEW YORK--(BUSINESS WIRE)--HSBC today announced the opening of its flagship wealth center at The Spiral in New York City's Hudson Yards neighborhood. The new center is a key part of the bank's wealth management strategy and will include wealth advisors dedicated to supporting high-net worth and ultra-high-net worth clients with a focus on individuals and families with international ties. The ne...

Large Cap Value is a value ranking for large cap stocks that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on criteria such as sales, earnings, and dividend payments. 54 out of 65 All-Star-Value Dividend stocks offer annual dividends that exceed their price per share.

The company is reportedly shedding staff in its Hong Kong and Singapore investment-banking operations. This follows long, gloomy slides in the region's capital markets.

HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday.

A Hong Kong bank majority-owned by HSBC Holding has filed a liquidation petition against Times China, another instance of creditors seeking to recoup funds from developers amid China's protracted property slump.

The stars are aligning for Argentine banks. Galicia stands out as a key beneficiary. The buyout of HSBC Argentina adds legs to Galicia's post-election rally.

HSBC (LON: HSBA) share price has gone vertical this year, a move that has pushed it to its all-time high. The stock surged to a high of 657p on Wednesday, meaning that it has jumped by over 183% from its lowest point in 2020.