
By Cris Frangold : The major banking institutions in the U.S have experienced several twists and turns recently. The mortgage lawsuits and the emergence of a new rule requiring the banks to show how they would Complete Story »
this fund is dominated by high-quality global firms such as Vodafone ( VOD ), British American Tobacco ( BTI ), HSBC ( HBC ), and GlaxoSmithKline ( GSK ). In fact, large-cap U.K. equities (in pound sterling) are actually less volatile than
By Rupert Nicholson : 'A derivative is a legal bet (contract) that derives its value from another asset, such as the future or current value of oil, government bonds or anything else. Ex- A derivative buys you the option (but not obligation) to buy oil in 6 months for today's price/any agreed ...
Wall Street Breakfast Editors submit: Top Stories Facebook to debut with record $104B market cap. Facebook ( FB ) is due to debut on Nasdaq today with a market cap of $104B, the highest ever for a firm at the time of its IPO. Facebook priced its offering at $38 a share, the top end of an increased
HSBC ( HBC ) chief Stuart Gulliver reportedly told analysts the bank would potentially sell its U.K. retail banking business if new regulations
Wall Street Breakfast Editors submit: Top Stories Japanese economy grows 4.1% but can it last? Japan's Q1 GDP rose at an annualized clip of 4.1% and outstripped consensus of 3.5%, driven by a strong rebound in exports and by post-earthquake reconstruction spending. However, this means that the ...
HSBC ( HBC ) says it's on track to meet the top end of its goal to cut as much as $3.5B of costs by the end of next year. The bank is also doubling its target to $2B for generating extra revenue from increased cooperation between its businesses. Post your comment!
First of all, this fund is dominated by high-quality global firms such as Vodafone VOD, British American Tobacco, HSBC HBC , and GlaxoSmithKline GSK. In fact, large-cap U.K. equities (in pound sterling) are actually less volatile than large
Citigroup notes HSBC's ( HBC ) massive exposure to emerging markets, which accounted for $13.8B, or 80%, of group net profit in 2011, and wonders why
Exchange of Hong Kong, has about a 50% weighting in Hong Kong companies (which includes global banking giant HSBC Holdings PLC HBC ), and a 50% weighting in Mainland Chinese companies (which includes Red Chips and H-Shares). The MSCI Hong Kong Index