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HSBC Curbs Hiring, Reins in Banker Travel in Cost-cutting Push
(July 2): HSBC is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe's largest lender. The bank in some cases is not replacing staff who have left or resigned i...
HSBC Buys Back 8 Million Shares in UK, Hong Kong
HSBC Holdings (HKG:0005) bought back 8 million shares in the UK and Hong Kong on Tuesday, according to a Wednesday Hong Kong bourse filing. The British lender repurchased roughly 4.8 million shares in
Top Gap Ups and Downs on Tuesday: TSLA, MUFG, SMFG and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
Wisdom ADR statistics | July 3rd
On Tuesday, the three major stock indexes of the US rose collectively, and HSI ADR rose to 17847.95 points, up 78.81 points or 0.44% from the close in Hong Kong.
HSBC Holdings Advances Share Buy-back Plan
Update: Market Chatter: HSBC Limits Hiring, Restrains Banker Travel to Reduce Costs
(Updates with HSBC comment in the third paragraph.) HSBC Holdings (HSBC) is curbing hiring and asked investment bankers to reduce travel and entertainment expenses as outgoing Chief Executive Officer
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