HSBC

47% Indians not saving for retirement: HSBC

Even as financial security after retirement is valued more, a report revealed that 47 percent of working people in India have not started saving for their future or have stopped or faced difficulties while saving.

Jul 17, 2016, 17:26 PM IST

Top U.S. officials rejected push to prosecute HSBC - lawmakers'' report

HSBC declined to comment on the report.

Jul 12, 2016, 07:07 AM IST

HSBC says GDP data concerns stay, India to grow slower at 7.4%

India's economy may grow at a slightly slower pace of 7.4 percent this fiscal amid weaker global demand and risk aversion, says an HSBC report, flagging "methodological concerns" in computation of official GDP data.

Jul 07, 2016, 15:09 PM IST

HSBC hikes global ranking of India to overweight

HSBC hikes global ranking of India to overweight. Watch complete news story of Share Bazaar Live for getting detailed updates!

Jul 05, 2016, 14:37 PM IST

HSBC 'overweight' on India, 2016-end Sensex target at 28,500

Global brokerage firm HSBC on Monday upgraded India to the 'overweight' status, citing improving domestic indicators and more realistic earnings expectations.

Jul 04, 2016, 14:29 PM IST

Indian equities over valued; Sensex likely to correct to 26,000 by year-end: HSBC

Recent market rally may have resulted in upward outlook revision by brokerages, but HSBC feels Indian equities are overpriced and Sensex is in for a correction, which may slump to 26,000 by the end of 2016.

Jun 12, 2016, 15:05 PM IST

Stocks pricey, Sensex may correct to 26,000 by year-end: HSBC

Recent market rally may have resulted in upward outlook revision by brokerages, but HSBC feels Indian equities are overpriced and Sensex is in for a correction, which may slump to 26,000 by the end of 2016.

Jun 12, 2016, 14:09 PM IST

HSBC to close 24 retail banking branches in India, slash 300 jobs

The total number of branches will be coming down to 26 in 14 cities from 50 in 29 cities earlier, with a bulk of impact on presence in smaller centres.

May 19, 2016, 18:29 PM IST

HSBC upgrades India to neutral; 2016 Sensex target at 26,000

 Global brokerage major HSBC has upgraded Indian equity markets to "neutral", saying "green shoots" are emerging and has increased its Sensex target for the year to 26,000 from 25,000.

May 16, 2016, 15:39 PM IST

US says banks won't be punished for lawful business in Iran

US Secretary of State John Kerry tried today to reassure European banks they won't be penalised for conducting or facilitating business with Iran, as he worked to address Tehran's grievance that businesses are still staying away despite the nascent nuclear deal.

May 12, 2016, 16:05 PM IST

Zomato refutes HSBC report; says investors back company's valuation

Hitting back at HSBC analysts for marking down its valuation by half at USD 500 million, online restaurant guide and food ordering firm Zomato on Monday said the investors have backed the current valuation.

May 09, 2016, 15:59 PM IST

Vodafone chooses Kotak, UBS, ICICI for $2 billion share sale

Close to launching an Initial Public Offering (IPO), Vodafone has picked six investment banks, including Kotak, ICICI and UBS, for the over USD 2 billion share sale process, as per media sources.

May 01, 2016, 21:53 PM IST

India faces risk of earnings downgrades: HSBC

Global brokerage firm HSBC today said it is 'underweight' on Indian equities and sees risk of earnings downgrades going forward as the market is trading at a significant premium

Apr 11, 2016, 12:33 PM IST

HSBC, RBS and Barclays plan to close 400 UK branches this year: Sources

Three of Britain`s largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank.

Apr 06, 2016, 21:34 PM IST

Hong Kong student leader says HSBC blocked new accounts

Hong Kong student leader Joshua Wong said Wednesday that the city`s HSBC branches had refused to open an account for his new party, accusing them of "political censorship".

Apr 06, 2016, 10:48 AM IST

Credit Suisse, HSBC dismiss "Panama Papers" tax avoidance allegations

Credit Suisse CEO Tidjane Thiam, who is aggressively targeting Asia`s wealthiest for growth, said his bank was only after lawful assets.

Apr 05, 2016, 10:54 AM IST

Black money: ED probing 43 cases relating to HSBC list, ICIJ expose, says FM Jaitley

The comments came on a day when Jaitley announced a multi-agency probe into a new expose by ICIJ (International Consortium of Investigative Journalists) about offshore tax haven holdings of Indians and other nationals.

Apr 04, 2016, 19:04 PM IST

GDP growth to remain flat at 7.4% in FY17: HSBC

India is likely to clock GDP growth of 7.4 percent in the current fiscal and consumption is likely to be the main driver of growth in the foreseeable future, says an HSBC report.

Apr 04, 2016, 18:44 PM IST

Global watchdog flags slow 'too big to fail' bank rule adoption

Many countries have not yet introduced laws allowing regulators to write down bank`s debts to avoid taxpayer bailouts and prevent them being "too big to fail", the world`s top financial watchdog warned on Friday.

Mar 18, 2016, 15:12 PM IST

HSBC cautious, underweight on Indian equities

Notwithstanding recent volatility in Asian markets, some factors are supporting the region's equities, global brokerage major HSBC has said noting that it is 'cautious' and 'underweight' on India.

 

Mar 14, 2016, 15:30 PM IST