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Posts related to ‘HBC’

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UBS Near Settlement on Libor Scandal

Posted: December 3, 2012 at 12:32 pm

A second major bank is near a settlement agreement with regulators related to charges of manipulating the Libor interest rate. Swiss banking giant UBS A.G. (NYSE: UBS) is expected to ...
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Today’s Best Market Rumors (11/9/2012)

Posted: November 9, 2012 at 8:57 am

Updated throughout the day on the 24/7 Wall St. Wire: Germany wants to examine the growth and troubles with the French economy. (Reuters) Google Inc. (NASDAQ: GOOG) will add $300 ...
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HSBC Profits Dive on Charges to Cover Possible Fines

Posted: November 5, 2012 at 7:23 am

HSBC Holdings PLC (NYSE: HBC) reported third-quarter 2012 earnings this morning in London. The banking and financial services firm posted adjusted earnings per share (EPS) of $0.13 on revenues of ...
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Media Digest (9/26/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 26, 2012 at 6:34 am

U.S. attempts to probe illegal activity at HSBC Holdings PLC (NYSE: HBC) are set back by interagency battles. (Reuters) Yahoo! Inc. (NASDAQ: YHOO) names a new chief financial officer. (Reuters) The British Bankers' ...
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The Largest U.S. Banks

Posted: August 30, 2012 at 12:36 pm

Research firm SNL Financial has released its list of the top 50 U.S. banks at the end of the second quarter of 2012. The eleven largest banks are JPMorgan Chase ...
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HSBC Seeks to Settle Money-Laundering Charges

Posted: August 24, 2012 at 7:03 am

Bloomberg reports that HSBC (NYSE: HBC) has gone into talks with federal officials to settle charges that it helped launder money for interests in Sudan and Iran. Other banks may be caught ...
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What’s Important in the Financial World (8/24/2012)

Posted: August 24, 2012 at 6:49 am

Merkel, Hollande Press for Greek Austerity The relationship between Germany and France on the one hand and Greece on the other spins from accommodation to exasperation in an almost regular cycle. Despite ...
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Media Digest (8/16/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: August 16, 2012 at 6:44 am

Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge ...
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More China PMI Trouble

Posted: August 1, 2012 at 5:46 am

Twice a month, economists hold their collective breath as China PMI data are issued. One set of numbers comes from huge bank HSBC (NYSE: HBC) and the other from the ...
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Media Digest (7/30/2012) Reuters, WSJ, NY Times, FT

Posted: July 30, 2012 at 6:27 am

General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBC (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The Apple ...
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Today’s Best Market Rumors (7/19/2012) Bank of America Layoffs

Posted: July 19, 2012 at 8:55 am

Updated throughout the day on the 24/7 Wall St. Wire: Back of America (NYSE: BAC) and Credit Suisse (NYSE: CS) will lay off more workers. (WSJ) Crédit Agricole, HSBC (NYSE: HBC), ...
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Media Digest (7/19/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: July 19, 2012 at 6:15 am

A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether individual national economies might hurt global growth. (Reuters) IBM (NYSE: ...
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Chinese Home Prices Unchanged in June

Posted: July 18, 2012 at 8:01 am

The latest survey by China’s National Bureau of Statistics indicated that average home prices in 70 Chinese cities were unchanged in June from May. That ended eight straight months of ...
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Media Digest (7/17/2012) Reuters, WSJ, NYT, Bloomberg

Posted: July 17, 2012 at 6:26 am

Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do not like ...
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Today’s Best Market Rumors (7/16/2012) GlaxoSmithKline Buys Human Genome Sciences

Posted: July 16, 2012 at 8:59 am

Updated throughout the day on the 24/7 Wall St. Wire: GlaxoSmithKline (NYSE: GSK) will buy Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) The Justic Department and HSBC (NYSE: ...
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