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HSBC Wraps Up Sale of France-Based Retail Banking Business https://www.zacks.com/stock/news/2204418/hsbc-wraps-up-sale-of-france-based-retail-banking-business?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2204418 Jan 02, 2024 - HSBC completes the divestiture of its French retail banking business. The company will continue to provide wealth and private banking businesses in the country.
Mitsubishi UFJ's (MUFG) Nine Months Earnings Increase Y/Y https://www.zacks.com/stock/news/2222038/mitsubishi-ufj-s-mufg-nine-months-earnings-increase-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2222038 Feb 06, 2024 - Mitsubishi UFJ (MUFG) records a rise in gross profits, net fees and commissions as well as net trading profits in the first nine months of fiscal 2024.
Citigroup (C) to Cut 10% Jobs in Its Wealth Segment in London https://www.zacks.com/stock/news/2224144/citigroup-c-to-cut-10-jobs-in-its-wealth-segment-in-london?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2224144 Feb 09, 2024 - Citigroup (C) is planning to reduce 10% of its Wealth segment workforce in London, which will likely lower its expense base.
Wells Frago's (WFC) 2016 Consent Order Terminated by OCC https://www.zacks.com/stock/news/2227495/wells-frago-s-wfc-2016-consent-order-terminated-by-occ?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2227495 Feb 16, 2024 - Wells Frago (WFC) comes out of a legal hassle with the termination of the consent order imposed in 2016 relating to the fake account scandal. The order was uplifted by OCC.
HSBC Gets Russia Unit Sale Approval, Paves Way for Full Exit https://www.zacks.com/stock/news/2228687/hsbc-gets-russia-unit-sale-approval-paves-way-for-full-exit?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2228687 Feb 20, 2024 - HSBC receives approval to sell its Russia unit to Expobank.
Top Analyst Reports for Exxon Mobil, PepsiCo & HSBC https://www.zacks.com/commentary/2238719/top-analyst-reports-for-exxon-mobil-pepsico-hsbc?cid=CS-ZC-FT-research_daily-2238719 Mar 11, 2024 - Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), PepsiCo, Inc. (PEP) and HSBC Holdings plc (HSBC).
HSBC to Divest Argentina Business Under Asia Pivot Strategy https://www.zacks.com/stock/news/2252504/hsbc-to-divest-argentina-business-under-asia-pivot-strategy?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2252504 Apr 09, 2024 - HSBC to divest its Argentina business in order to sharpen its focus on Asia. The deal, valued at $550 million, is expected to be completed within the next 12 months.
Earnings Season Scorecard and Analyst Reports for Oracle, HSBC & RTX https://www.zacks.com/commentary/2262231/earnings-season-scorecard-and-analyst-reports-for-oracle-hsbc-rtx?cid=CS-ZC-FT-research_daily-2262231 Apr 25, 2024 - Today's Research Daily features a real-time update on the Q1 earnings season and new research reports on Oracle (ORCL), HSBC (HSBC), RTX (RTX) and others.
HSBC Q1 Pre-Tax Earnings Decline as Expenses Increase Y/Y https://www.zacks.com/stock/news/2265368/hsbc-q1-pre-tax-earnings-decline-as-expenses-increase-y-y?cid=CS-ZC-FT-analyst_blog|earnings_article-2265368 Apr 30, 2024 - HSBC records a y/y increase in revenues in the first quarter of 2024.

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