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Canada's largest lender Royal Bank of Canada laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two sources with direct knowledge of the layoffs told Reuters. Some of the layoffs were at the technology and operations teams and began earlier this week, the sources said, requesting anonymity.
Bloomberg Intelligence analysts identified 50 stocks for 2025, focusing on catalysts like new leadership, acquisitions, and AI advancements, with 35 paying dividends. 14 of these dividend-paying stocks meet the “safer” criteria, with free cash flow yields exceeding dividend yields, making them attractive for first-time investors. Analysts project net gains of 10% to 50.26% for the top ten Bloomberg Dividend Focus companies by March 2026, highlighting potential investment opportunities.
OVERLAND PARK, Kan.--(BUSINESS WIRE)-- #B2B--HSBC collaborates with TreviPay to enhance digital purchasing experiences for businesses.
HSBC has kicked off a process to find a new CEO for its UK business after appointing Ian Stuart in charge of customer engagement and culture, the bank said on Tuesday.
Julius Baer Group is set to name ex-HSBC Holdings chief executive Noel Quinn as its next chairman, Bloomberg News reported on Friday citing people familiar with the matter.
Max Kettner, HSBC's chief multi-asset strategist, discusses the latest market sell-off after Nvidia shares plummeted following quarterly earnings.
American investors are feeling the impact of tariff threats, as hedge funds funnel money away from domestic tech to international competitors. However, it isn't just Chinese competitors who are benefiting from the inflationary and tariff squeeze concerns facing the United States—investors are also taking a renewed interest in top European stocks.
PARIS, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Eurobank Ergasias Services and Holdings S.A.
HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its expansion plans in that country.
PARIS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Achmea B.V. Post Stabilisation Notice HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.