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HSBC Holdings Plc News

Why Is A Major Bank Buying Land In The Metaverse?

HSBC is buying a piece of land on The Sandbox for an undisclosed sum.

HSBC Stock Higher on Profit Beat, $2 Billion Stock Buyback

HSBC says its $2 billion stock buyback should be a signal that it is not concerned about its exposure in China.

Everything You Need To Know About Blockchain Interoperability

The concerns around the lack of interoperability are a false flag by the bears.

HSBC Shares Surge After Solid Q3 Profits, Deeper Planned Costs Cuts

HSBC said it will deepen its planned cost cuts, while adjusting its business model towards fee-paying services, following a stronger-than-expected third quarter earnings report for Europe's biggest bank.

Wells Fargo Reportedly Cuts More Than 700 Jobs in Commercial Banking

Wells Fargo says it expects to reduce its workforce 'through a combination of attrition, the elimination of open roles and job displacements.'

Breaking News

Twitter Stock Leaps As Elon Musk Adds More Equity To $44 Billion Takeover Bid, Closes Tesla Margin Loan

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

Nvidia Stock: Investors Are Buying the Dip. Where From Here?

Nvidia stock is being bought on the dip. Here's how traders should approach it now.

Macy's Stock Soars On Q1 Earning Beat, 2022 Profit Forecast Boost As Shoppers Defy Inflation Gloom

"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.