HONG KONG, March 9 - Faced with a multi-billion dollar cash call, HSBC <HSBA.L> <0005.HK> investors are torn between the bank's relative strength and the headwinds still ravaging global financial companies. HSBC, dubbed the "big...
HONG KONG, March 9 - HSBC <0005.HK> shares hit a 13-year low on Monday, plummeting more than 13 percent as large investors shorted the stock on hopes that the price would slide further after the...
HONG KONG, March 9 - Hong Kong shares will start 0.4 percent lower on Monday, led by sliding HSBC as the bank heads towards its deeply discounted rights issue, but Chinese counters extended gains, limiting...
HSBC Holdings<5><HBC>, the biggest bank by market value in Europe, has no intention of selling its shareholding in Ping An Insurance (Group) Co<601318><2318>, sources reported, citing Vincent Cheng, HSBC Asia Pacific Chairman, as saying.Ping An Insurance, 16.8% held by HSBC, is China's second...
Mar. 5, 2009 (China Knowledge) - HSBC Holdings<5><HBC>, the biggest bank by market value in Europe, will not reduce its strategic shareholdings in China's Bank of Communications (BoComm)<601328><3328>, the Shanghai Daily reported, citing a senior HSBC executive as saying.
* AIG loses $61.7 bln in quarter, gets $30 bln rescue * HSBC calls on shareholders for $18 bln * Dow falls below 7,000, S&P 500 lowest since Nov 1996 * Canadian economy shrinks 3.4...
* AIG loses $61.7 bln in quarter, gets $30 bln rescue * HSBC calls on shareholders for $18 bln * Euro zone manufacturers have worst month in 12 years * Dow falls below 7,000 for...
* MSCI world equity index down 2.1 pct at 183.26 * Stocks tumble after AIG loss/bailout, HSBC rights issue * Dollar hits 3-year high; government bonds firmer LONDON, March 2 - World stocks fell to...
LONDON, March 2 - Europe's biggest bank HSBC launched a 12.85 billion pound ($18.3 billion) rights issue on Monday to shore up its balance sheet after annual profit more than halved as bad debts soared...
LONDON, March 2 - HSBC is closing most of its U.S. consumer finance business as it seeks to put an end to its troubled purchase of Household of six years ago by writing off most...