HSBC retail and wealth arms post 6bn profit
HSBCs Retail Banking and Wealth Management division reported a $6.65bn profit, constituting 29.5% of the total group pre-tax profit figure.
HSBCs Retail Banking and Wealth Management division reported a $6.65bn profit, constituting 29.5% of the total group pre-tax profit figure.
HSBC reveals the highs and lows of hedge funds in 2013.
How likely are investors to put their cash into companies listed on Britain’s iconic index?
Deutsche has taken on board former HSBC head of global macro and investment strategy.
The motivation behind making a commitment to an ethical fund varies, and the importance of the underlying moral stance will of course be different from investor to investor.
HSBC has launched a short duration high yield bond fund focusing on provision of a total return and maintenance of a low interest rate.
Niall Booker has been appointed as the new chief executive of the Co-operative Banking Group days after the troubled bank suspended new business lending to protect capital.
HSBC is to unveil a new team of regulated advisers as part of a restructure that will see its wealth management arm integrated with its retail banking sector.
The price of gold may have fallen another $125 per ounce on Monday its greatest one-day loss ever but some retail investors in Hong Kong and mainland China are buying more of it, rather than selling, according to a columnist for the South China Morning Post.
From an investment point of view, emerging markets have had a fairly tough time in the past couple of years, with funds in the IMA’s Global Emerging Markets category returning on average 7% in the past year compared to 9.3% from the MSCI World Index.
HSBC Global Asset Management (HSBC GAM) has rolled out clean fee share classes across its Luxembourg-domiciled range of Sicavs.
HSBC has agreed to pay $1.9bn (£1.2bn) to US authorities to settle investigations into inadequate compliance with anti-money laundering and sanctions laws.