HSBC HOLDINGS PLC-SPONS ADR (HSBC)

HSBC CEO Hit With Ping An Protest at Final Shareholder Meeting

HSBC Holdings Plc’s largest shareholder voted against the reappointment of departing Chief Executive Officer Noel Quinn as a director, suggesting its disruptive campaign against the lender hasn’t yet run its course.

Geopolitical tensions and Covid crisis: tightrope walk on China and Trump facing new HSBC boss

CEO is making a surprise exit after successfully slimming down the global bank and winning over its tough chair

HSBC June 14th Options Begin Trading

HSBC Bosses Point to End of Big Disposals at Quinn’s Final AGM

HSBC Holdings Plc’s leadership said the era of major acquisitions and disposals is over, as the bank faced shareholders for the first time since Noel Quinn announced his surprise retirement.

HSBC Asked by $890 Billion Investor Group to Set New Energy Goal

A group of HSBC Holdings Plc investors wants the bank to set a funding target for renewable energy amid concerns its current green pledges are too vague.

Buenos Aires Officials to Meet Investors as City Weighs Global Bond Sale

The city of Buenos Aires plans to meet with global investors next week as it explores selling overseas dollar bonds for the first time in eight years, according to people familiar with the matter.

Goldman Sachs to scrap cap on bonuses for hundreds of UK staff

Changes will allow the investment bank’s star performers to earn up to 25 times their annual salary

HSBC Stock Earnings: HSBC Holdings Reported Results for Q1 2024

HSBC Holdings just reported results for the first quarter of 2024.

Why HSBC Stock Topped the Market Today

The company did quite well with its initial earnings report of the year.

Private Equity Largely Absent From US IPO Market’s Recovery

(Bloomberg) -- While company founders and venture investors have been reaping gains from the listings market’s recent rebound, private equity has hardly benefited.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Even in JailS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapDivestments by bu

Binance and CZ’s Fortunes Are Set to Grow, Even in Jail

(Bloomberg) -- It’s “better to ask for forgiveness than permission” when it comes to complying with the law, the billionaire founder of the Binance cryptocurrency exchange once told his team, according to the US government.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390

Lagardère CEO Resigns After Being Charged With Embezzlement

(Bloomberg) -- Arnaud Lagardère, the French business scion who heads a publishing group now controlled by Vivendi SE, was charged with alleged embezzlement and has resigned provisionally as chief executive officer of Lagardère SA.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade f

Pot Stocks Surge on Report DEA Set to Reclassify Marijuana

(Bloomberg) -- Shares of cannabis-related companies jumped Tuesday after the US Drug Enforcement Administration moved to reclassify marijuana to a less dangerous drug category in what would be a historic shift for the industry. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for

Milei Wins Lower House Support for Argentina Shock Therapy

(Bloomberg) -- Argentina’s lower house approved President Javier Milei’s omnibus bill, first in whole and later in parts, in a major win for the libertarian leader whose reforms now face a stiffer fight in the senate.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Prices Swing W

Chegg Slumps as Wall Street Sees AI Threat to Homework-Help Firm

(Bloomberg) -- Shares of online-education firm Chegg Inc. were on track for their biggest drop in about a year as competition from AI tools led Wall Street analysts to downgrade the stock.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Prices Swing Wildly as Liquidity Overshadow

Amazon Results to Bring More Scrutiny for AI-Tethered Stocks

(Bloomberg) -- Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Prices Swing Wildly as Liquidity Overshadows Supply Iss

Noel Quinn’s exit seems respectable but big uncertainties about HSBC remain

Chief executive’s departure sounds sensible enough but successor will inherit heavy strategic workload

Intel Shares Suffer Worst Month in Decades

(Bloomberg) -- Intel Corp. shares are on pace to close out April down more than 30%, their worst month in over 20 years, as the chipmaker continues to struggle with executing a turnaround.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Prices Swing Wildly as Liquidity Overshadow

Bitcoin Faces Worst Month Since FTX Crash With ETF Demand Cooling

(Bloomberg) -- Bitcoin is registering its worst month since the collapse of Sam Bankman-Fried’s FTX empire as the euphoria around US exchange-traded funds for the largest digital asset subsides. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Prices Swing Wildly as Liquidity Ove

HSBC’s Noel Quinn Ends 37-Year CEO Dream With Surprise Departure

In the end, the only thing more surprising than Noel Quinn’s appointment as chief executive officer of HSBC Holdings Plc was his departure.

HSBC Q1 Pre-Tax Earnings Decline as Expenses Increase Y/Y

HSBC records a y/y increase in revenues in the first quarter of 2024.

Nationwide stops lending on some flood-risk properties

Banks may follow suit after UK weather-related claims on home insurance reach new high

Australian Home Prices Climb Further as Downside Risks Build

(Bloomberg) -- Australia’s housing market climbed further in April, driven by a supply shortfall that’s increasing affordability challenges at a time when borrowing costs are at a 12-year high.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingl