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HSBC to retain home loans portfolio amid new terms of France unit sale
(Alliance News) - HSBC Holdings PLC on Wednesday said terms for the sale of its French unit, which were put in doubt by rising interest rates, have been agreed.
Read moreWed, 07th Apr 2021 13:35
(Alliance News) - HSBC Holdings PLC on Wednesday said terms for the sale of its French unit, which were put in doubt by rising interest rates, have been agreed.
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*Read more(Sharecast News) - HSBC announced new potential terms for the sale of its French retail banking business on Wednesday that might mean the deal with Cerberus-backed My Money Group can go ahead after all.
Read more(Alliance News) - WH Smith PLC on Wednesday said it has completed its refinancing, with a GBP400 million revolving credit facility.
Read moreNEW YORK, June 13 (Reuters) - HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups globally after building a large team of technology and healthcare bankers in the United States, Hong Kong and Israel, a senior executive said.
Read moreLONDON, June 13 (Reuters) - The pound rose to its highest in over a month on Tuesday as strong wage growth heaped pressure on the Bank of England to keep raising interest rates while the dollar fell after data showed U.S. inflation cooled sharply last month.
Read moreSINGAPORE, June 13 (Reuters) - Malaysian lender Malayan Banking, known as Maybank, this month appointed former HSBC banker Jason Khoo as regional head of investment banking and advisory at its investment banking arm.
Read more(Sharecast News) - HSBC has decided to wind down its wealth and personal banking business in New Zealand.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - Further interest rate rises "cannot be ruled out" amid decades-high inflation in the UK, a Bank of England policymaker said.
Read more(Alliance News) - HSBC Holdings PLC on Monday launched HSBC Innovation Banking, its rebrand of Silicon Valley Bank UK, which HSBC bought following the collapse of its US parent earlier this year.
Read more(Sharecast News) - Experts believe that the Bank of England will have to jack up its base rate from 4.5% at present to 5.5% by the end of 2023 in order to tame stubbornly high inflation. It was that prospect that had already resulted in lenders and building societies to raise the cost of fixed-rate mortgages or to pull deals altogether, as HSBC did during the preceding week. Higher rates also have implications for the cost of servicing the country's debts, in turn eliminating the Chancellor's already limited headroom to push through tax cuts before the elections. - The Financial Mail on Sunday
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