HSBC quashes Ping An-backed protest vote at annual meeting
Ping An and individual investor had been pushing HSBC to consider a radical restructure of the bank & boost dividends.
Source: aljazeera.com
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HSBC foils plan by major investor to break up bank
China's Ping An fails to get the backing to split the lender in a crunch vote over its future.
Source: bbc.com
Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece
The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.
Source: nytimes.com
HSBC Shareholders Likely to Reject Special Spinoff, Dividend Resolutions -- AGM Preview
By Elena Vardon HSBC Holdings shareholders will gather for the banks annual general meeting on Friday to vote on 18 resolutions, including special resolutions requested by shareholders. ... | May 4, 2023
Source: marketscreener.com
PacWest's Plunge Reignites Fears About America's Regional Banks
The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.
Source: nytimes.com
China will not rest until HSBC heads home
The bank's annual shareholders' meeting takes place in Birmingham this week
Source: thenationalnews.com
HSBC profit rockets on rising interest rates - AFR | Online Free Press release news distribution
Global banking giant HSBC reported Tuesday a surge in quarterly net profit, boosted by rising interest rates and its rescue of the UK arm of failed US lender
Source: topwirenews.com
Will JP Morgan's bailout of First Republic finally bring a halt to contagion in the...
Last week was a massive earnings week in the US. However, investors’ response to it until Thursday was relatively muted.
Source: lbc.co.uk
10 Biggest Insurance Companies
With Berkshire Hathaway leading the pack, these are the 10 biggest insurance companies by revenue.
Source: investopedia.com
HSBC says pre-tax profits rose to US$12.9b in first quarter
HONG KONG, May 2 — Global banking giant HSBC announced today a US$9-billion (RM40.1 billion) jump in pre-tax profits in the first quarter of 2023, projecting strong earnings for...
Source: malaymail.com