HSBC Holdings plc Sponsored ADR Stock News

Julius Baer Group is set to name ex-HSBC Holdings chief executive Noel Quinn as its next chairman, Bloomberg News reported on Friday citing people familiar with the matter.

American investors are feeling the impact of tariff threats, as hedge funds funnel money away from domestic tech to international competitors. However, it isn't just Chinese competitors who are benefiting from the inflationary and tariff squeeze concerns facing the United States—investors are also taking a renewed interest in top European stocks.

PARIS, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Eurobank Ergasias Services and Holdings S.A.

HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country.

PARIS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Achmea B.V. Post Stabilisation Notice HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

PARIS, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Banque Fédérative du Crédit Mutuel Pre Stabilisation Notice HSBC (contact:  syndexecution@noexternalmail.hsbc.com ) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities The securities: Issuer: Banque Fédérative du Crédit Mutuel Guarantor (if any): NA  Aggregat...

HSBC has been a strong performer recently, with multiple expansion powering a ~60% return over the past 12 months. Excluding notable items, HSBC delivered a mid-teens return on tangible equity last quarter. Guidance sees only modest slippage from that through 2027, better than the market expected. These shares trade for roughly 1.3x tangible net asset value, which is justified by its earnings q...

Job cuts at HSBC Holdings PLC (LSE:HSBA) have been extended to its investment bank functions in London, according to reports.  The bank is axing "hundreds" of jobs in London and other European financial centres as part of chief executive Georges Elhedery's streamlining plans, Financial News website reported, citing insiders.