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The Latest Breaking News from HSBC

HSBC UK says banking services are returning after Black Friday outage

HSBC UK said an ‘internal system issue’ had caused the disruption, but banking services are ‘getting back up and running’.

The Independent UK

HSBC not working: Users report problems with app and online banking

Thousands of users have reported issues with major bank HSBC on Friday (November 24) morning saying the app and online banking is not working.

The National (Scotland)

Thousands of HSBC customers in UK unable to access online banking services

Consumers report problems using bank’s app on one of the busiest shopping days of year, Black Friday

The Guardian - UK

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HSBC warns of rise in firms targeted by purchase scams ahead of Black Friday

Purchase scams cases were 30% higher in October compared with the same month last year, the bank said.

The Independent UK

The Guardian view on festive marketing: stop spending like there’s no tomorrow

Editorial: Between Black Friday and Christmas we will see adverts encouraging people to desire things that don’t reveal what they could cost the planet

The Guardian - UK

Jury clears climate protesters of causing damage to HSBC London HQ

Nine women used hammers and chisels to shatter building’s windows in April 2021 as part of Extinction Rebellion protest

The Guardian - UK

Day of reckoning looms in Downing Street for Sunak's inflation target

City expects inflation to fall in line with the prime minister's pledge to halve it, with much of the work done by the Bank of England

Evening Standard

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Tesla Stock Takes a Hit from Analysts - But Selling Short Its Puts Make Sense

Tesla stock took another hit with a new analyst's negative assessment of the stock. However, high prices of deep out-of-the-money put options show it makes sense to sell them short for income.

Barchart

Wall Street bulls defend Tesla investing after stock slides

Tesla shares closed down more than 5% on Nov. 9 but regained some of the loss a day later.

The Street

Stocks Fall as Powell Dampens Hopes the Fed is Done Raising Rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.82%. Stocks on Thursday posted moderate losses. Stocks were under...

Barchart

Tesla slides as HSBC initiates coverage with $146 price target, cites Musk risk

HSBC analysts argue one of Tesla's biggest near-term risks is tied to its controversial CEO.

The Street

Martin Lewis shares two-minute banking tips to get hundreds of pounds in free cash

Money Saving Expert Mr Lewis continues to give advice to people struggling in the cost of living crisis

The Independent UK

Martin Lewis shares two-minute banking tips to get hundreds of pounds in free cash

Money Saving Expert Mr Lewis continues to give advice to people struggling in the cost of living crisis

The Independent UK

Martin Lewis issues urgent plea to not miss out on free £205 before deadline

Money Saving Expert Martin Lewis has urged people to get free £205 from HSBC before the end of the deadline.

The National (Scotland)

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The Guardian - UK

Two black heroes on slave trade abolition stamp series

Brief letters: Olaudah Equiano and Ignatius Sancho | Seaweed servings | Bank profits | Retirement age | A vote for Labour

The Guardian - UK

London financial district to have 11 more towers by 2030

Number of planning applications received and decided increases by 25% as City workforce grows

The Guardian - UK

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

Fortune

HSBC doubled its profits and is giving shareholders $3 billion in buybacks but the bank's troubles haven’t ended just yet

London-listed HSBC's profits soared, thanks to elevated interest rates. But high costs and pains in Chinese real estate continue to put pressure on it.

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The Independent UK

Average value of a romance scam in June was nearly £70,000, says HSBC UK

The bank warned that it can take months before romance scammers ‘show their true colours’ to victims.

The Guardian - UK

Higher interest rates help HSBC to more than double profits

Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback

Evening Standard

HSBC gives $3bn boost to investors as profits double

HSBC saw profits in the third quarter more than double to $7.7 billion thanks to higher interest rates, figures likely to lead to fresh calls for banks to boost savings rates.

Investors Business Daily

Nvidia, Airbnb Among Big S&P 500 Winners Monday

MGM Resorts and Airbnb were among several travel-related stocks leading the S&P 500. Nvidia looks the best out of Monday's winners.

Barchart

Stocks Settle Mixed as Bond Yields Decline

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.30%. Stocks on Monday settled mixed, with the S&P...

Investors Business Daily

IBD Stock Of The Day: Casino Games Maker Light & Wonder Flashes Bullish Signal

IBD Stock Of The Day: Casino games maker Light & Wonder flashes a positive indicator as LNW stock approaches a buy point for a flat base.

Barchart

Stocks Recover Early Losses After Bond Yields Slip

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. Stocks this morning are mixed, with the Dow Jones...

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