The banking behemoth HSBC announced in September last year that it will not offer crypto services. Its CEO at the time, Noel Quinn, was concerned about the “sustainability” of crypto prices, and the b...
Tag: HSBC
Financial Banking Giant HSBC Forays Into Crypto and Web3
Bitcoin News The bank has recently advertised several high-level roles in the cryptocurrency sector. The new hire will report to the Global Head of Digital Assets and the Head of HSBC Open. One of the...
HSBC announces entry into crypto with tokenization job openings
HSBC, a leading United Kingdom bank, has revealed its intent to venture into cryptocurrencies by announcing key job openings in the sector. In particular, the bank is hiring a Product Director for to...
2 ‘Strong Buy’ Stocks HSBC Predicts Will Surge Over 70%
Overall, the December CPI report roughly met Street expectations, but there is still a lot of bearish commentary going around right now. Many financial prognosticators are forecasting another tough ye...
4 Advisors on Their Top Bond Buys Now
With bonds offering their juiciest yields in years, we queried some wealth management pros on where they see the best fixed-income opportunities now: David Rossmiller, Bessemer Trust: We like longer b...
HSBC share price retreats amid China woes: is it a buy?
The HSBC (LON: HSBA) share price has been in a slow recovery mode in the past few weeks. It rose to a high of 493p last week, up from the year-to-date low of 435p. The stock remains about 12% below th...
Aramco Unit Hires HSBC, Citigroup for $1 Billion Share Sale
(Bloomberg) — Saudi Aramco Base Oil Co., a refining unit of the state-owned oil producer, has named Citigroup and HSBC Holdings Plc for its initial public offering on the Saudi stock exchange, w...
Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System
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New York Fed, several big banks testing ‘regulated liability network’
The Federal Reserve Bank of New York is poised to unveil a proof-of-concept for “regulated liability networks” — an experiment around tracking and transmitting tokenized debt issued by an array of reg...
HSBC to Issue Digital Bonds to Institutional Investors through Tokenization Platform
Multinational banking giant HSBC has revealed plans to issue digital bonds to corporates and financial institutions through its new proprietary tokenization platform called HSBC Orion. By harnessing t...
HSBC share price outlook as Ping An pressure mounts
HSBC (LON: HSBA) share price popped to the highest level since October 21. It was trading at 475p, which was about 9.50% above the lowest level since October 26. Still, the shares remain about 13% bel...
Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others
“By transforming trade assets into transferable instruments, we aim to improve the accessibility to an asset class – which has largely been the domain of banks – with participation from a broader rang...
Is HSBC a good bank dividend stock to buy?| Invezz
HSBC (LON: HSBA) share price drifted upwards this week as investors reflected on the relatively positive bank earnings from the United States. The stock rose to a high of 475p, which was the highest l...
Mainland Investors Buy Hong Kong Stocks As Short Selling Continues
China Last Night KraneShares Key News Asian equities were down on light volumes in advance of today’s US CPI print, with Thailand on holiday. The Asia dollar currency index gained as the US dollar sli...
Real Estate Rebounds On Policy Support, China Begins Golden Week Holiday
China Last Night KraneShares Key News Asian equities were largely off, as Japan outperformed while India and Thailand underperformed. China is closed this week for the National Holiday, while South Ko...
The Sandbox and HSBC flop show
The Sandbox is a virtual universe in which gamers can construct, control, and monetize their own gaming experiences on the Ethereum blockchain. Sandbox aims to displace existing game developers by gra...
HSBC warns investors to avoid European stocks in the search for value
Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada ...
HSBC Undertakes Blockchain-based Trade Finance Transacntion for Automotive Sector in the Middle East
Through the Contour platform, HSBC conducted a blockchain-based trade finance transaction between SAIC Motor, a Chinese car manufacturer and Taajeer Group, the exclusive agent for MG cars in Saudi Ara...
HSBC share price forecast amid Hang Seng and Chubb deal
HSBC (LON: HSBA) share price rose on Tuesday as investors reflected on the latest news on Hang Seng Bank. It also rose as the market waits for the upcoming interest rate decision by the Federal Reserv...
HSBC CEO Explains Why Crypto is not Part of HSBC’ Future
Noel Quinn, said in an interview that Cryptocurrency is not a part of HSBC’ strategy for the future. The bank is not so-confident about digital assets, hence it will not offer any kind of servic...
Still, Crypto Is Not In The Banking Giant’s Future: HSBC CEO
As a result of the ongoing volatility and cyber attacks in the crypto world, institutions are losing interest in investing in digital currency. Recently, the British government alerted citizens to not...
China’s State-Backed Open-Source Blockchain Enlists Hong Kong’s HSBC, Emperor Group
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KPMG and HSBC Report Names Conflux as One of Asia’s Leading Crypto Projects
Shanghai, China, 1st September, 2022, Chainwire Conflux, the only regulatory-compliant public blockchain in China, was recently named one of the ‘Leading 100 Emerging Giants in Asia Pacific’ in a repo...
Communists Might Be Managing Your Money—And Your Data
HONG KONG, CHINA – 2022/07/18: Pedestrians walk past the British multinational banking and financial … [+] services holding company, HSBC Bank branch in Hong Kong. (Photo by Budrul Chukrut...
Top 100 Public Company Crypto Involvement
August 24, 2022, 9:55AM EDT • 2 min read Quick Take 28 out of the top 100 publicly traded firms ranked by Forbes have at least one crypto/blockchain investment since 2021 SoftBank and Samsung have the...
XRP Classified as “Digital Currency” by Goldman Sachs, Wells Fargo and HSBC: Report
Ripple recently scored a minor victory as Magistrate Judge Sarah Netburn granted Ripple’s request to serve non-party subpoenas to video hosting platforms to authenticate some videos of top offic...
HSBC share price sits at key support ahead of earnings. Is it a buy?
The HSBC (LON: HSBA) share price has been under pressure as investors wait for the upcoming results. The stock is trading at 515p, which is bout 7.7% below the highest level this month. It has fallen ...
KPMG, HSBC report identifies crypto startups with unicorn potential in Asia
A joint report by two leading financial institutions, KPMG and HSBC, revealed that over a quarter of the 6472 startups operating in the Asia Pacific region have their core businesses in crypto-related...
HSBC Bank Exec Who Downplayed Climate Change Quits—Blames ‘Cancel Culture’
Topline An HSBC senior executive who was suspended after he publicly downplayed climate change and said the risk it poses to the market had been greatly exaggerated announced Thursday he resigned from...