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ADQ Announced as the Headline Partner for Abu Dhabi Finance Week
/CNW/ -- ADGM, the host of the flagship financial event of the MEASA region, Abu Dhabi Finance Week (ADFW) announced ADQ – an Abu Dhabi-based investment and...
Peking University HSBC Business School Marks 20th Anniversary
/CNW/ -- On October 26, 2024, Peking University HSBC Business School (PHBS) commemorated its 20th anniversary at the Shenzhen University Town Sports Center,...
HSBC’s third-quarter profit rose 10% to US$8.5-billion as it benefited from slower-than-expected rate cuts, which had been anticipated to put more pressure on lending margins
Twelve New International Companies Join FII Institute Roster of Strategic Partners: Strategic Partners Support Its Mission to Drive a Positive Impact on Humanity Through Investment
/CNW/ -- Twelve international companies have been added to the FII Institute's roster of Strategic Partners. These companies join a growing community of...
The latest overhaul comes as HSBC tries to remove duplicate roles and shift its focus to Asia in a bid to cap costs and bolster income as falling interest rates worldwide hurt margins
Royal Bank of Canada announces NVCC AT1 Limited Recourse Capital Notes issue
/CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced the offering of US$1.0 billion of non-viability contingent capital (NVCC) Additional Tier 1...
Euroclear invests in Singapore-based digital market infrastructure Marketnode
/CNW/ -- Euroclear today announced it has acquired a strategic stake in Marketnode, a Singapore-based digital market infrastructure operator. Financial terms...
HSBC Holdings (HSBC) HSBC Holdings is reassessing its operations within its China digital wealth business, Pinnacle, as part of a broader strategy to control expenses and optimize its operational framework. This review is significant, as it may lead to layoffs and represents a marked shift from the bank’s previously ambitious...
Costco Sees Surging Demand for Gold Bars Amid Record Prices
Costco has become a surprising player in the gold market, with bullion flying off its shelves as gold prices hit record highs. Offering one-ounce 24-karat gold bars at prices below traditional precious metals dealers, the retail giant provides its...
Why Arcadium Lithium Stock Was Soaring This Week
Rumors of a sale to a strategic investor became reality rather quickly.
Global Markets Canadian Markets Canadian markets moved higher on Thursday, buoyed by rising gold and oil prices. This uptick reflects the robust performance of commodity sectors, which have historically played a pivotal role in Canada’s economic landscape. However, recent data indicates a troubling trend: investor confidence is eroding, casting doubt...
Why American Express Stock Dropped Today
Wall Street is starting to worry that AmEx stock's great run is done.
Investors might be wary of buying stocks near the highs, but these stocks offer the potential for another run higher in the coming quarters
Mastercard just made a a multi-billion dollar investment in AI and cybersecurity as the company aims to grow its competitive position in the payments space.
HSBC Flags Downside Risks For Commodities
Analysts at British bank HSBC (NYSE: $HSBC) have flagged downside risks for %Commodities as the global economy slows.
MCAN Financial Group Announces Incoming Senior Vice President and Chief Financial Officer
/CNW/ - MCAN Mortgage Corporation (d/b/a MCAN Financial Group) ("MCAN") announced today that after a comprehensive search, Santokh Birk will assume the Senior...
GENERATIONAL DIVIDE EMERGING ON INTERNATIONAL EDUCATION, HSBC DATA FINDS
/CNW/ -- 51% of respondents surveyed aspire to send their child overseas for study, or already have a child studying internationally More than two thirds of...
Why CrowdStrike Stock Moved Higher Today
CrowdStrike (NASDAQ: CRWD) stock climbed again in Friday's trading. The cybersecurity company's share price closed out the daily session up 2.1%, according to data from S&P Global Market Intelligence .
Musim Mas Signs its first Sustainability-Linked Loan with Rabobank and HSBC Bank
/CNW/ -- Musim Mas is proud to announce its inaugural Sustainability-Linked Revolving Credit Facility, marking a significant step in its commitment to...
1 Wall Street Analyst Thinks Nvidia Stock Is Heading to $135. Is It a Buy?
Expectations for Nvidia are sky-high ahead of its upcoming Q2 report. Can the AI leader keep winning?
Is Nvidia Stock Going to $145? 1 Wall Street Analyst Thinks So.
Is the stock's recent sell-off a buying opportunity?
10 Best Ultra-High-Yield Dividend Stocks to Consider as Part of a Long-Term Portfolio
These ultra-high-yield dividend stocks could be a great fit for a long-term-oriented portfolio.
Why Artificial Intelligence (AI) Stock Arm Holdings Slumped Today
A dose of uncertainty from Wall Street weighed on the shares.
The Race to Secure Data in a Quantum World: Tech Developers Lead the Charge
USA News Group – As the world moves closer to a reality involving quantum computing, new serious security concerns are arising. In the banking system, HSBC recently spoke about its preparation for what it calls “Q-Day”, the...
Global Markets Canada’s Main Stock Index Decline TSX Performance: Reason for Decline: The Toronto Stock Exchange (TSX) saw a downturn primarily due to falling crude oil prices. The energy sector is a significant component of the Canadian market, and fluctuations in oil prices can heavily influence the overall index. Record...