Key Points
- HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results.
- A Luxembourg court denied HSBC’s appeal in respect of Herald’s securities restitution claim.
HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case
Finance
SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’
ETF Edge SEC Commissioner Hester Peirce on ETFs: ‘We want to work with people on new products’ Published Sat, Mar 21 202611:00 AM EDT Blair Bao WATCH LIVE Source
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Finance
Small cap-focused Russell 2000 becomes the first of major U.S. benchmarks to enter correction territory this year
Key Points The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction territory this year. A correction is defined as a decline of more than 10% and less than 20% from a recent high. Small caps are especially sensitive to changes […]
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Finance
Stocks making the biggest moves midday: SolarEdge Technologies, Super Micro Computer, FedEx & more
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