Banks HSBC plans Sale of Brazil business for $5.2 billion Yomna Yasser Aug 3, 2015 0 HSBC Holdings PLC announced Monday it will sell its Brazil business to Banco Bradesco SA in an all-cash deal valued…
forex news HSBC slashes 2015, 2016 Gold Price Forecasts Yomna Yasser Jul 28, 2015 0 HSBC strategists lowered Monday their average annual gold price forecasts for this year and next, warning that gold…
Banks National Bank of Egypt selects banks for Potential Benchmark Bond Yomna Yasser Jun 23, 2015 0 National Bank of Egypt (NBE), the oldest commercial lender in the country, has picked five banks to arrange fixed…
Banks HSBC to cut up to 50,000 Jobs, slash Investment Bank Noha Gad Jun 9, 2015 0 HSBC (HSBA.L) will cut almost 50,000 jobs from its payroll, take an ax to its investment bank and shrink its risk…
Banks HSBC Profits rise 4% in First Quarter Administrator May 5, 2015 0 HSBC has reported a pre-tax profit of $7.06bn in the first three months of the year, up 4% on last year. The bank's…
World FTSE 100 opens Mixed Administrator Apr 27, 2015 0 Europe's leading share markets had mixed fortunes at the open. The FTSE 100 was up 0.44% to 7,100.68, led by HSBC,…
Banks HSBC studies moving HQ out of UK Yomna Yasser Apr 25, 2015 0 HSBC Bank has said it is considering moving its headquarters out of the UK. The bank said the review followed…
Banks HSBC Egypt launches US$39 mln Fund for SMEs Amwal Al Ghad English Apr 20, 2015 0 HSBC Egypt launched on Sunday a LE300 million (US$ 39.3million) credit plan for Small and Medium Enterprises with…
Banks HSBC launches 300-million Pound Growth Fund for Egypt’s SMEs Yomna Yasser Apr 19, 2015 0 HSBC announced Sunday the launch of its second international growth fund in Egypt worth 300 million Egyptian pounds…
forex news Oil drops as Saudi Output nears Record, China demand Worries Drag Noha Gad Mar 24, 2015 0 Oil prices dropped on Tuesday after activity in China's factory sector fell to an 11-month low and as Saudi Arabia…