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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

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.