-- Source link: (http://on.wsj.com/1qPzF5W)
-- Note: Reuters has not verified this story and does notvouch for its accuracy
Mon, 15th Sep 2014 04:34
-- Source link: (http://on.wsj.com/1qPzF5W)
-- Note: Reuters has not verified this story and does notvouch for its accuracy
NEW 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
Read moreEcuador scored $1.1 billion Galapagos conservation debt swap
*Read moreEcuador scored $1.1 billion Galapagos conservation debt swap
*Read moreNavigator platform seeks to join up customers across its network
*Read moreIG Design Group PLC - Newport Pagnell, England-based designer and manufacturer of celebrations products, including greetings cards, gift wrap, Christmas crackers, gift bags and partywares - Negotiates a three-year refinancing of its lending facilities with HSBC Holdings PLC and NatWest Group PLC for USD125 million. Company also extends its overdraft facility with HSBC. The new facility replaces its previous revolving credit facilities agreed in 2019. Says the facility provides "more than sufficient" headroom to fund its working capital needs over the three years.
Read morePelatro up on middle-east contract win
*Read moreMay 31 (Reuters) - Oil prices settled lower on Wednesday, pressured by a stronger U.S. dollar and weak data from top oil importer China that fed demand fears.
Read moreLONDON, May 31 (Reuters) - London-based investment manager Lansdowne Partners LLP said on Wednesday it had agreed to acquire the $1.1 billion UK equities manager CRUX Asset Management, subject to regulatory approval, according to an investor letter seen by Reuters.
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