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HSBC Holdings PLC

Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

by Walter Watson
Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to …

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Revolut moves global HQ in Canary Wharf as it awaits UK bank license

by Walter Watson
Revolut moves global HQ in Canary Wharf as it awaits UK bank license

A mockup of what Revolut’s new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs on the sides of …

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Money-laundering scandal: Singapore looks at how to offload seized assets worth US$2.2 billion

by Walter Watson
Money-laundering scandal: Singapore looks at how to offload seized assets worth US.2 billion

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the island nation’s biggest laundering case pleaded guilty, paving the way for the next steps …

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Profits of these 5 global banks will stay high despite an ECB rate cut, says Berenberg

by Walter Watson
Profits of these 5 global banks will stay high despite an ECB rate cut, says Berenberg

Despite an interest rate cut expected this week, profits at a handful of major European banks will remain robust, according to Berenberg. The European Central Bank appears on course to cut interest …

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HSBC shares fall amid reports top shareholder Ping An may sell shares

by Walter Watson
HSBC shares fall amid reports top shareholder Ping An may sell shares

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty …

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OK Lim, founder of Singapore oil trading firm, Hin Leong, convicted in US$112 million HSBC cheating case

by Walter Watson
OK Lim, founder of Singapore oil trading firm, Hin Leong, convicted in US2 million HSBC cheating case

Lim Oon Kuin, founder of collapsed oil firm Hin Leong Trading Pte., has been convicted of three criminal charges after a lengthy trial in Singapore, the Business Times reported. The …

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Citi added these stocks to its ‘highest conviction ideas’ list

by Walter Watson
Citi added these stocks to its ‘highest conviction ideas’ list

U.S. bank Citi refreshed its list of “highest conviction ideas” for Europe and recommended a specific trading strategy that investors can adopt right now. The ideas — or stocks — …

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HSBC wealth investor says four themes will keep U.S. economy robust

by Walter Watson
HSBC wealth investor says four themes will keep U.S. economy robust

A handful of drivers will keep the American economy humming along, said Jose Rasco, chief investment officer of the Americas at HSBC’s wealth division. And they should buoy the country’s …

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HSBC is ‘very positive’ about the future of China’s economy, CFO says

by Walter Watson
HSBC is ‘very positive’ about the future of China’s economy, CFO says

The Hong Kong observation wheel and the HSBC building in Victoria Harbour in Hong Kong. Ucg | Universal Images Group | Getty Images HSBC is “very positive” about the mid …

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Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

by Walter Watson
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …

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