HSBC Holdings PLC
Swiss giant UBS posts $770 million in net profit, launches $1 billion share buyback in first half
Fabrice Coffrini | Afp | Getty Images Swiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, launching a $1 billion share buyback program in the first half of 2025. The net profit figure compares with a mean forecast of $886.4 million in a LSEG poll of analysts and with a $483 […]
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HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Branch of HSBC bank on 15th January 2024 in London, United Kingdom. HSBC Bank plc is a British multinational banking and financial services organisation. HSBCs international network comprises around 7,500 offices in over 80 countries globally. (photo by Mike Kemp/In Pictures via Getty Images) Mike Kemp | In Pictures | Getty Images HSBC is preparing […]
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CNBC Daily Open: Tech sells off but AI is still likely to drive markets
Nvidia CEO Jensen Huang delivering a keynote address at the Consumer Electronics Show in Las Vegas, Nevada on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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China’s electric car boom is expected to slow down in 2025
Key Points China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive. Strong sales volumes have enabled “strugglers and stragglers” to hang on despite falling margins, Yuqian Ding, head of China autos research at HSBC, said in a report last week. China’s […]
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CNBC Daily Open: Treasury yields are putting pressure on stocks again
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day of trading of the new year on January 02, 2025 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed […]
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This millennial made $130,000 in 2024 — and shares two strategies that helped her do it
Kennie Bukky, co-founder at The Pivot Place. Courtesy: Kennie Bukky Kennie Bukky, a millennial professional, made a six-figure salary in 2024 and attributed her high earnings to two key strategies: building an audience on social media and learning high-paying skills. Despite being under 30 years old, Bukky balances multiple jobs and earned just over £100,000 […]
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CNBC Daily Open: Expectations can move shares in strange ways — just look at Nvidia
The Nvidia headquarters in Santa Clara, California, in November 2024. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can […]
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HSBC names 2 China stock picks for 2025 — and gives one over 70% upside
Chinese markets are “turning a corner” following a series of government stimulus measures , HSBC said, naming its top stock ideas for 2025. “Mainland China has announced a slew of policies to help ensure that local governments can pay their bills and service debt. This should reduce the risk of an immediate slowdown in growth […]
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CNBC Daily Open: Could Nvidia’s greatest obstacle be itself?
There’s a concept called the “hedonic treadmill,” which theorizes as people achieve success, their expectations rise. Nvidia seems a victim of this. Source
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SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
Jaidev Janardana, CEO of U.K. digital bank Zopa. Zopa LISBON, Portugal — British online lender Zopa is on track to double profits and increase annual revenue by more than a third this year amid bumper demand for its banking services, the company’s CEO told CNBC. Zopa posted revenues of £222 million ($281.7 million) in 2023 and […]
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