HSBC Holdings PLC (HSBC)
|Net Income (ttm)||3.90B|
|Day's Range||29.85 - 30.14|
|52-Week Range||19.68 - 32.02|
|Price Target||35.26 (+17.5%)|
|Est. Earnings Date||Oct 25, 2021|
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking products and services, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services for ultra high net worth individuals; and wealth management services comprising insurance and investment products, global asset management... [Read more...]
In 2020, HSBC Holdings's revenue was $63.07 billion, a decrease of -11.19% compared to the previous year's $71.02 billion. Earnings were $5.23 billion, a decrease of -29.18%.Financial Statements
According to 2 analysts, the average rating for HSBC Holdings stock is "Hold." The 12-month stock price forecast is 35.26, which is an increase of 17.46% from the latest price.
HSBC is scheduled to report its fiscal Q3 2021 results on Monday, October 25. We expect HSBC to top the revenue expectations, while earnings will likely fall short.
HSBC is rolling out a Banking as a Service (BaaS) platform that will “enable customers to create and provide business banking services through their own platforms,” with a little help from cloud ERP sys...
Oracle Corp's NetSuite on Tuesday said it will put automated banking features into its accounting software for businesses, with HSBC Holdings Plc as its first partner to automatically send and receive m...
The Cross-boundary Wealth Management Connect Scheme is an initiative to link the capital markets of the Greater Bay Area, including Hong Kong and the Guangdong.
Why HSBC remains invested in equities, high yields and emerging markets
Willem Sels, global chief investment officer at HSBC, discusses the outlook across equities, bonds and currencies heading into final quarter, anticipating greater volatility and slower growth.
NEW YORK--(BUSINESS WIRE)--Alyssa Marois has joined HSBC as Senior Vice President of Public Affairs. Alyssa will report to Christopher Rosello, US Head of Public Affairs.
VANCOUVER, British Columbia--(BUSINESS WIRE)--HSBC Bank Canada announced today the launch of five new sustainable finance tools for commercial and global banking clients. Available to Canadian businesse...
HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group C...
Fund giant BlackRock and investment banks HSBC and UBS were among the largest buyers of the debt of embattled Chinese real estate developer Evergrande Inc, Morningstar data shows.
NEW YORK--(BUSINESS WIRE)--HSBC launches HSBC Ventures, providing capital to support growth initiatives for global clients specializing in innovation and technology.
HSBC's U.S. division announces augmented offerings to its expanded Global Wallet platform by adding new currencies and allowing customers to "receive like a local" via the same business account.
HSBC Bank USA, N.A. on Thursday (Sept.
HSBC CEO Expects to Slash Travel Budget by 50%
Sep.03 -- HSBC Chief Executive Officer Noel Quinn says he expects to cut the firm's travel budget by 50%. He also expects most staff to adopt a hybrid working model.
HSBC CEO Sees Opportunities Beyond China's Crackdown on Profits
Sep.03 -- HSBC CEO Noel Quinn calls himself a "simple banker." But he's on a complicated mission to keep investing in China as the country cracks down on big tech and finds itself at center of the Covid...
Reserve Bank of India may begin policy normalization toward year-end: HSBC
Pranjul Bhandari of HSBC says the Reserve Bank of India may start a "very gradual" monetary policy normalization process toward the end of this year, but rate hikes will only follow in 2022.
HSBC Qatar is rolling out mobile payments for its personal and corporate customers as it works to digitize its payments, a press release says. With the upgrades, financial inclusion will be simplified f...
HSBC may be the most exposed bank if China imposes anti-sanction laws on Hong Kong
Ronald Wan of Partners Financial Holdings says financial institutions in Hong Kong generally will be in a "sensitive position" if China imposes anti-foreign sanctions law on Hong Kong. But, he says HSBC...
HSBC Holdings said the banking group has initiated legal proceedings against El Salvador for what the company called a breach of the nation's investment treaty with the UK.
HSBC Holdings said Monday it has agreed to buy AXA Singapore for $575 million to boost its global wealth and insurance franchise in the city-state and support its expansion across Southeast Asia.
HSBC agrees to acquire AXA Singapore insurance assets for $575 million as part of its efforts to expand its wealth business in Asia.
HSBC said on Monday it had agreed to acquire Axa's insurance assets in Singapore for $575 million as it scales up its insurance business.
HSBC's Major: ‘Uber-hawkish' Shift Needed to Reach 2% Yield
Steven Major, global head of fixed income research at HSBC, says investors have to “look through the noise” as he discusses U.S. Treasury yields and how markets are prepared for tapering from the Federa...
HSBC stock has gained around 10% YTD, increasing from about $26 at the beginning of 2021 to just above $28 currently. Trefis estimates HSBC's valuation to be approximately $32 per share – 13% above the ...