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RE.B 93.69 -0.31 (-0.33%)
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HSBC Earnings Hit by Market Volatility
HONG KONG—HSBC Holdings PLC on Tuesday reported a sharp fall in first-quarter profit, saying market volatility at the beginning of 2016 crimped its performance.
SEC Investigating HSBC Over Asia Hiring Practices
The U.S. Securities and Exchange Commission is investigating HSBC Holdings HSBC -0.99 % PLC for its hiring practices in Asia, the bank said Monday.
Chip Designer ARM Holdings Shares Fall on Worries About Tech Sector Growth
LONDON—Chip-designer ARM Holdings PLC has fanned concerns about how fast and how profitable its growth will be given less vibrant demand for smartphones, sending its shares lower Wednesday despite sturdy fourth-quarter earnings.
HSBC Profit Falls 40% as Bank Plans $2.5 Billion Share Buyback
LONDON— HSBC Holdings HSBC -1.59 % PLC on Wednesday announced a surprise $2.5 billion share buyback as the global slowdown makes new lending and investments less appealing.
ARM Holdings Profit Rises But Economic Uncertainty Lies Ahead
LONDON— ARM Holdings PLC on Wednesday posted strong revenue and profit in the first quarter, compared with a year earlier, though the British chip designer warned that economic uncertainty could slow the industry the rest of the year.
Top UK Fund Manager Sells Rolls-Royce Stake
Mr. Woodford said in the past he used share price dips as an opportunity to add to his holdings in Rolls-Royce, betting the huge order book would deliver profits and cash flows beyond 2017.
HSBC Opts to Keep Headquarters in London
LONDON— HSBC HSBC -1.59 % Holdings PLC on Sunday opted to stay in London rather than move to Hong Kong or elsewhere. HSBC presented a London headquarters and Asia focus as “the best of both worlds,” after its board spent 10 months weighing ...
HSBC Reports Sharp Rise in Third-Quarter Profit
The bank announced an agreement on Monday with the Shenzhen Qianhai Financial Holdings Co., Ltd. to establish a majority-owned securities joint venture based in China's Guangdong Province.
ARM's $350 Million Deal Builds Future Beyond Smartphones
LONDON— ARM Holdings PLC, the England-based tech firm that designs most of the world's smartphone chips, said Wednesday that it completed a $350 million acquisition of a computer-vision company, in a bet that it can further ARM's goal of getting its ...
Tencent Holdings in Talks For $2 Billion Loan
The five banks that were underwriters for Tencent's previous $1.5 billion loan in November—Citigroup Inc., Australia & New Zealand Banking Group, Bank of China, HSBC Holdings PLC and Mizuho Financial Group—will be underwriters again for the new $2 ...