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☆ Economic Outlook: Fall 2024
  + stars: | 2024-09-25 | by ( Leslie Picker | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic Outlook: Fall 2024Today, many women are concerned about the rising cost of living, interest rates and inflation. In addition to these economic headwinds, there's also a presidential election fast approaching. How will this impact your money and investments? Racquel Oden, HSBC US Head of Wealth and Personal Banking shares her expert perspective.
Persons: there's, Racquel Oden Organizations: HSBC US, Banking
☆ HSBC hires Silicon Valley Bank bankers to focus on tech, healthcare
  + stars: | 2023-04-11 | by ( ) www.reuters.com   time to read: 1 min
NEW YORK, April 11 (Reuters) - HSBC Holdings plc's (HSBA.L) U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and healthcare banking segment for the California-based bank that collapsed last month. HSBC USA said in a statement the hiring will help the bank establish a dedicated banking practice focused on serving companies in technology and healthcare, as well as investors who support them. HSBC has initially assembled a team of more than 40 bankers in the San Francisco Bay Area, Boston and New York City as part of this initiative, it said. Reporting by Saeed AzharOur Standards: The Thomson Reuters Trust Principles.
☆ Hong Kong retail shareholders revive HSBC spin-off call
  + stars: | 2022-12-15 | by ( Selena Li Lawrence White | Selena Li | Lawrence White | ) www.reuters.com   time to read: +4 min
HSBC "underperforms its peers, violates dividend commitments (and) ignores shareholders' interests," Ken Lui, convener of the group , said in a Thursday newspaper advertisement. London-headquartered HSBC, which is opposed to breaking up its business, dismissed the possibility of the proposal gaining traction among large shareholders. Hong Kong is HSBC's biggest market and home to many retail shareholders. DIVIDEND SUSPENSIONHong Kong retail shareholders were particularly upset when HSBC scrapped its formerly stable dividend in 2020 during the COVID-19 pandemic, when the Bank of England asked lenders to conserve capital. It has resumed paying a dividend but not quarterly, and retail investors are dissatisfied with payouts that, overall, are smaller than before.
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