MPC minutes strengthen case for a rate cut: Analysts

If I have to stick my neck out and indicate that this is going to be probably a bull market 2.0 which is going to be as elongated or as probably better than what we saw in the period of 2003 to 2007, said Dhiraj Sachdev of HSBC Global AMC.

According to the global financial services major, the RBI#39;s decision to narrow the policy rate corridor by raising the reverse repo rate and lowering the MSF rate killed several birds with one stone.

According to the global financial services major, the GDP growth momentum is slowing since mid-2016 and this trend is expected to continue going forward.

Chinese dissident artist Ai Weiwei said on Wednesday global banking giant HSBC Holdings Plc refused to open a personal bank account for him in Hong Kong for what he assumed were political reasons, a conjecture the bank dismissed.

* South Korea shares hit record high, Taiwan at 17-yr high * Fed says prudent to confirm recent slowdown transitory * Dollar index near 6 1/2-month low, bitcoin surges * Oil at 5-week high ahead of oil producers' meeting * European shares seen rising 0.2-0.3 ...

By Anjuli Davies and Andrew MacAskill LONDON (Reuters) - The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to ...

HSBC has just launched an interesting report on the aspect of trust, in technology. The report, titled ‘Trust in Technology’ has been created after surveying 12,000 people across 11 countries (Canada, China, France, Germany, Hong Kong, India, Mexico, ...

'With technology advancing rapidly, the need for branches is declining,' HSBC India CEO Stuart Milne tells Niraj Bhatt and Anup Roy.Illustration: Dominic Xavier/Rediff.com The chief executive officer of one of the oldest foreign banks in India has a unique way of attracting new business. He invites existing customers to his house for dinner and asks them to bring a friend. "If some of the guests open accounts, it can be quite valuable for us," says Stuart Milne, head of HSBC India. While his ...

BEIJING - For global banks, China's new "Silk Road" is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cosier relationship with Beijing for those who step up. Dozens of senior international bankers turned up at the weekend ...