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The Latest Breaking News from HSBC

Citigroup commits to office working with £1bn Canary Wharf tower revamp

US bank will spend almost as much to renovate Citi Tower skyscraper as it paid for site in the first place

The Guardian - UK

Is AMD Stock a Buy, Sell, or Hold on HSBC’s Double Downgrade?

AMD stock fell after an analyst slashed his price target and rating on the stock due to Nvidia competition and weak AI GPU demand.

Barchart

HSBC urges people to take up support as new figures reveal scale of housing crisis

Over 67 per cent of people with housing costs such as rent and mortgages in England have reported experiencing unforeseen pressures over the last year, a survey from HSBC and Shelter shows

The Independent UK

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Former Gordon Brown spokesman to drive UK’s efforts to reset EU relations

Michael Ellam returns to the Civil Service after more than a decade at HSBC.

Evening Standard

Europe's millionaires are taking kids to bespoke events to prepare them for wealth transfer

Founders are scared their kids are too lazy or lack the skills to take over their businesses, so they're trying to get them ready.

Fortune

Stock Market Today: Stocks End Mixed After FOMC Minutes

The minutes from the December Fed meeting signaled central bankers' uncertainty over potential Trump administration policies.

Kiplinger

Analyst overhauls AMD stock price target as gap with Nvidia widens

AMD shares have been the standout under performer in the AI chip space for much of the past year.

The Street

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Former bosses of HSBC and Rolls-Royce knighted in new year honours

Noel Quinn and Warren East, as well as Chanel chief Leena Nair among business figures to be honoured

The Guardian - UK

Former HSBC and Rolls-Royce bosses knighted

The chiefs of Network Rail, Chanel and the British Business Bank are also among those from the business world receiving honours.

Evening Standard

Power Up: Gaming Industry Expansion Fuels Stock Opportunities

The expansion of the gaming sector presents opportunities for investors who seek companies with strong user growth, solid financials, and innovative platforms.

MarketBeat

Lloyds advert banned for making false environmental claims

Watchdog ruled social media post failed to provide balanced information over bank’s ongoing financing of polluting industries

The Guardian - UK

Big banks urged to step up on sustainable finance in 2025

ShareAction warned the banks they can expect to see shareholder action next year if they fail to meet investor expectations for greener practices.

The Independent UK

Scams lawsuit sends a message to Australia's banks

The corporate cop has put the nation's banks on notice after filing a civil case against HSBC Australia over its alleged failure to stop $23 million in scams.

AAP

Rich boomers refusing to retire are throwing a wrench into the $84 trillion Great Wealth Transfer, HSBC warns

Entrepreneurs aren’t looking to let go of power and are delaying retirement over fears about their legacy.

Fortune

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AAP

International banker to replace retiring ANZ boss

Nuno Matos, a native of Portugal currently based in Hong Kong, will begin as the next chief executive of ANZ next year.

Evening Standard

Quarter of small firms fear they cannot sustain financial shocks, survey finds

Research by HSBC also found two-thirds of company owners said they were not able to grow their business to meet customer demand in 2024.

AAP

Levi hat-trick as Aussie women star at Cape Town Sevens

Maddison Levi keeps shining in the Sevens world series, scoring another hat-trick as Australia's women reached the semi-finals in Cape Town.

Benzinga

A Closer Look at 13 Analyst Recommendations For Morgan Stanley

In the preceding three months, 13 analysts have released ratings for Morgan Stanley (NYSE:MS), presenting a wide array of perspectives from bullish to bearish.

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Fortune

Banks don’t want to inspect your home office, so they’re forcing hundreds of employees to come in five days a week

Renewed rules for workplace inspections every few years are being blamed for mass return-to-office efforts.

Barchart

TE Connectivity Stock: Is Wall Street Bullish or Bearish?

While TE Connectivity trails behind the broader benchmarks over the past year, Wall Street analysts remain cautiously optimistic about the stock’s future.

Benzinga

Starbucks To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

The Independent UK

Ovo Energy launches HSBC-backed lending product for solar panels

Energy companies are increasingly exploring financing options with lenders to enable customers to make their homes more efficient.

Top News

Indigenous Leaders Urge UK To Ban Amazon Oil Financing

Wampis leaders in Peru call for action to protect their rainforest lands from oil pollution and environmental harm caused by international banks funding Pe...

The Guardian - UK

HSBC to open London ‘wealth centre’ in effort to draw in premier clients

Aimed at those with £100,000 to £2m, service in Mayfair will offer personalised banking and exclusive events

International Business Times

Disgraced Singapore Oil Tycoon Sentenced To Nearly 18 Years For Fraud

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.

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