|Bid||6.95 x N/A|
|Ask||7.16 x N/A|
|Day's Range||7.07 - 7.07|
|52 Week Range||5.01 - 7.27|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Royal Bank of Canada (TSX:RY) has a lot of big things coming up in 2023. The post What’s Next for Royal Bank Stock as the Economy Drifts? appeared first on The Motley Fool Canada.
(Bloomberg) -- UK lenders, led by HSBC Holdings Plc, are temporarily removing mortgage deals as they prepare to reprice home loans to account for inflation.Most Read from BloombergJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsTrump Tried to Hide Documents, Share Secrets, Indictment AllegesDonald Trump Charged in Florida Over Secret Documents CaseUkraine’s New Tanks Are Seen in Action as Counteroffensive Gets UnderwayH
Easy-access savings rates have hit 4pc for the first time since 2009.
HSBC, Halifax and Nationwide are among banks tweaking rates.
Bank removes all its ‘new business’ residential and buy-to-let products after surge in demand
HSBC has pulled all of its mortgages available through brokers after being overwhelmed by a rush of customers seeking to lock-in deals before rates rise.
Key Insights Institutions' substantial holdings in HSBC Holdings implies that they have significant influence over the...
Rises of up to 0.75 percentage points follow increases at First Direct
(Bloomberg) -- HSBC Holdings Plc has added its name to the list of banks looking to expand into a fast-growing corner of an ESG debt market that’s so far been dominated by Credit Suisse Group AG.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as
HSBC will next month unveil a new name for the technology-focused bank it rescued earlier this year after its US parent collapsed. Sky News has learned that Europe's biggest lender intends to rebrand Silicon Valley Bank UK (SVBUK) under the name HSBC Innovation Banking. One tech veteran said it may stoke concerns among entrepreneurs that by bringing SVBUK under the HSBC brand, the new subsidiary was at risk of surrendering the operational independence that had made it a distinctive presence in the SME banking market.
Per the U.S. District Judge Larry Alan Burns, cardholders must file a lawsuit against Bank of America (BAC) for its violation of state law by issuing cards, without standard security measures, to millions of people in California in 2020.
Citi (C), Deutsche Bank (DB), HSBC, Morgan Stanley (MS) and Royal Bank of Canada (RY) have allegedly conspired in chat rooms to swap sensitive information on UK bonds between 2009 and 2013.
HSBC weighs exits from roughly 12 countries as part of its strategy to further bolster presence in the Asia region.
The acquisition of Bank of the West supports Bank of Montreal's (BMO) fiscal Q2 results as revenues increase. Yet, higher expenses and provisions act as headwinds.
The lawsuit by investors against HSBC and Scotiabank (BNS) over silver-price-fixing has been dismissed by a U.S. judge in Manhattan.
Traders at five banks found to have discussed British government bond trading between 2009 and 2013
LONDON (Reuters) -HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role. The reviews follow pressure from Chinese shareholder Ping An Insurance, which wants HSBC to prioritise growth in Asia, where the British bank generates 78% of its total profit. "Some of these will have slower progress than others, and none of them is material enough on its own to change the profile of the overall business, but as we progress through and execute on these assessments, we do expect them to contribute towards that shift to Asia," Elhedery said, declining to disclose which markets were under review or the time frame.
Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said, as it provisionally found five banks in breach of competition rules. HSBC, Morgan Stanley and Royal Bank of Canada, meanwhile, have not admitted any wrongdoing over the alleged sharing of information in one or more one-to-one conversations between a small number of traders in Bloomberg chatrooms in the aftermath of the global financial crisis. The CMA said the conversations are alleged to have related to the buying and selling of UK government bonds - specifically, gilts and gilt asset swaps - and included details on pricing and other aspects of trading strategies.
Britain's Competition and Markets Authority said on Wednesday it had provisionally found five major global banks broke UK competition law by exchanging sensitive information on government bonds in one-to-one online chats. In a statement, the watchdog said it had provisionally found Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada each unlawfully shared information by participating in one or more series of one-to-one conversations in Bloomberg chatrooms between a small number of traders.
First Citizens BancShares Inc , which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers so it could gain access to Silicon Valley Bank's (SVB) trade secrets including information about clients in the tech and healthcare sectors.
(Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers so it could gain access to Silicon Valley Bank's (SVB) trade secrets including information about clients in the tech and healthcare sectors. First Citizens in the lawsuit said it is seeking more than $1 billion in damages.
SPDR S&P Regional Banking ETF and HSBC have been highlighted in this Investment Ideas article.
This stock is outpacing the market, returning north of 28% this year alone.
One of the first and most important questions you need to ask yourself before you start investing is which platform you should trust with your nest egg.
Goldman's (GS) credit risk reporting errors and miscalculation of its RWAs, as flagged by the ECB, highlight deficiencies in its internal controls.