HSBC favours rupee as highest Asia yields lure OCBC

Tushar Pradhan, CIO, HSBC Global Asset Management does not expect any major impact on India due to the Ukraine crisis.

Global banking giant HSBC said on Wednesday that it had agreed to sell its Kazakhstan division to JSC Halyk Bank for US$176 million (128 million euros) in cash. Advertisement The disposal of HSBC Bank Kazakhstan is part of the group's strategy to sell ...

HSBC Global Research has maintained its underweight rating on India citing lofty earnings expectations and high foreign fund exposure as the key reasons. The foreign brokerage described the upcoming general elections as watershed' after which the recovery in ...

HSBC will announce staff bonuses totalling just under GBP 2.4 billion ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit LONDON: HSBC will announce staff bonuses totalling just under GBP 2.4 billion ($4 billion) ...

According to the global financial services major, the year 2014 could thus prove to be a tale of two halves. In the latter half of the year, there would be some economic recovery and return to normal business conditions. "Pent-up demand should be released ...

Garry Evans, Head of Global Equity Strategy, HSBC is betting big on Europe on the back of hopes that the central bank will ease rates; the expectations of of 14 percent GDP growth and positive earnings growth.

By Akanksha Prasad & Jochelle Mendonca , ET Bureau | 31 Jan, 2014, 12.00PM IST Post a Comment IT companies are stepping up their plans to acquire captive units of their multinational customers as they look to take advantage of a broad pick up in their biggest ...

UK-based bank HSBC PLC says it has suspended two of its foreign exchange traders in London amid a global investigation into the alleged manipulation of currency markets. The bank confirmed the suspension in a brief statement Friday, but declined to ...

Signs of a global slowdown continue. The HSBC China Services PMI shows for First Time in Seven Months. HSBC China Composite PMI data (which covers both manufacturing and services) signalled a contraction of private sector output in China, ...