Search Results for: HSBC Holdings Plc
Brexit Triggers Office Oversupply Fears in London
November 16th, 2016
Barclays Plc is planning to reduce 25% of its London office space, a trend that could intensify as companies fret the Brexit blowback. According to sources familiar with the matter, Barclays is planning to sublease its existing offices in ...
Asian Stocks Rebound Amid Dollar Retreat as Trump Shock Fades
November 16th, 2016
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days and the dollar weakened versus most peers as investors questioned ...
Barclays’s 25% London Office Space Cut Signals Glut Threat
November 2nd, 2016
Space being cut in London is equivalent of about 5,000 desks Tenants are getting upper hand in rental talks, Jefferies says Barclays Plc’s decision to cut 25 percent of its London office space highlights the growing risk that tenants will ...
China Rich Help Europe Banks Raise $14 Billion Since August
September 19th, 2016
Eight European finance companies opened books in Asia hours ‘Asian investors tend to be more yield hungry,’ JPMorgan says The appetite of China’s wealthy to diversify from a weakening yuan is helping European finance companies boost capital to prepare ...
PBOC Boosts Weekly Injections as Yuan Climbs Amid Stability Bets
September 14th, 2016
Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month high, fueling speculation that it is looking to steady the ...
U.K. Stocks Show Calm Before Brexit Storm as Pound Traders Fret
June 3rd, 2016
FTSE 100 volatility index at lowest vs currency counterpart U.K. shares’ dividend yield greater than global equity index Less than three weeks before Britain votes on its membership in the European Union, the country’s equity investors are much less ...
FTSE 100 propelled higher by strong Asian lead
May 31st, 2016
U.K. stocks kicked off the holiday-shortened trading week slightly higher, with investors taking inspiration from Asia, where Chinese stocks surged by the most in almost three months. The FTSE 100 index UKX, -0.17% rose 0.2% to 6,283.68, setting it on track for ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
Is Deutsche Bank’s Gold Manipulation The Main Scam Or Just A Side-Show?
April 18th, 2016
For years now, the easiest way to finesse a debate over whether precious metals markets are manipulated has been to say, “well, if they’re not manipulated they’re the only market that isn’t.” That was unsatisfying, though, because as the ...
Russia’s Oil Dilemma, Explained
March 9th, 2016
Kremlin needs to plug hole in budget stemming from crude slump Higher tax could cause output to drop from post-Soviet record While the world focuses on Russia’s Oil-freeze talks with OPEC, there are discussions behind closed doors in the Kremlin ...
