Forbes – The market was weaker in (opening) trade due mainly to losses in large caps China Mobile (nyse: CHL – news – people ) and HSBC (nyse: HBC – news – people ), but properties somehow offset the losses on the back of
Fitch: Chargeoffs Higher For U.S. Retail Credit Card ABS
Forbes – However, over time, consolidation in the sector by large sponsors such as GE, Citibank, and HSBC has benefited performance through improved underwriting and servicing of portfolios. Fitch’s Retail Credit Card Performance Index, which complements
Staying on top
Hong Kong Standard – Macau overtook Las Vegas in terms of gaming revenue in 2006 to become the world’s largest gambling market, and the outlook for the enclave looks promising on the back of China’s surging economy. HSBC Holdings (0005) had an unusually troubled year in
FTSE up in global rally, bid talk lifts Sainsbury
Reuters – bolstered by consensus that the Federal Reserve would not raise interest rates any time soon, with Standard Chartered (STAN.L: Quote , Profile , Research ) adding 2.4 percent, Barclays (BARC.L: Quote , Profile , Research ) rising 0.2 percent and HSBC
Market Report: BHP boosted by rumours of taking out a rival
Independent Online Edition – The old “HSBC to bid for Prudential” rumour got another airing but most brokers believe there is little chance that the banking giant will do so. One trader said: “There is little reason for assuming there is any more truth in that story now than any
Around the Markets: Think stocks are cheap? Think again
Herald Tribune – What is more, the six Royal Dutch Shell, HSBC Holdings, BP, Roche Holding, Total and GlaxoSmithKline have an average weight-adjusted P/E ratio of 11.2. The top 30 percent of the European stock market’s value consists of 26 stocks with an