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RARE PHOTOS: 23 | Vintage Vibes

Banks don’t want to inspect your home office, so they’re forcing hundreds of employees to come in five days a week

Renewed rules for workplace inspections every few years are being blamed for mass return-to-office efforts.

Bank fined millions over treatment of struggling customers

Bank fined millions over treatment of struggling customers

The bank put around 1.5 million people at risk of greater financial harm, according to the FCA

The Independent UK

‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

Better deals are on offer in the battle to tempt new current account customers. But, be warned, there are a few strings attached

The Guardian - UK

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Analysts Raise the Bar for Nvidia Stock Ahead of Q1 Earnings

Nvidia stock has risen around 20,000% in the past decade, and might move even higher, according to analysts price targets. Let's see why.

3 Airline Stocks That Analysts Like Better Than Southwest

With Southwest Airlines shares taking a major blow amid Boeing’s ongoing safety concerns, here are three airline stocks that analysts favor.

Major lenders cut mortgage rates in ‘welcome boost’ for market

HSBC UK and Barclays are among the lenders to have tweaked their deals this week.

The Independent UK

Three UK banks announce cuts to cost of fixed-rate mortgages

Barclays Bank, HSBC and TSB reveal changes, reversing some of price rises seen in recent weeks

The Guardian - UK

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New hope for home owners as two major mortgage lenders cut their rates

HSBC and Barclays fire the starting gun on what some advisers predict will be a new mortgage price war

Evening Standard

Nvidia's next-gen Blackwell AI Superchips could cost up to $70,000 — fully-equipped server racks reportedly range up to $3,000,000 or more

Nvidia's next-gen Blackwell AI Superchips could cost up to $70,000 — fully-equipped server racks reportedly range up to $3,000,000 or more

HSBC analysts estimate that Nvidia will significantly increase pricing on the next-generation Blackwell processors for AI and HPC. That shouldn't be too surprising, given the size of the chips and the potential performance.

Tom’s Hardware

Bank of England set to offer clues on interest rate cut timing, but City expects another hold

Mortgage holders, house hunters and City traders on watch for pointer to a June rate cut

Evening Standard

Geopolitical tensions and Covid crisis: tightrope walk on China and Trump facing new HSBC boss

Geopolitical tensions and Covid crisis: tightrope walk on China and Trump facing new HSBC boss

CEO is making a surprise exit after successfully slimming down the global bank and winning over its tough chair

The Guardian - UK

HSBC Innovation Banking chair departs in latest boardroom reshuffle

The chair of HSBC Innovation Banking has stepped down in the latest sign of a boardroom reshuffle at the firm formerly known as Silicon Valley Bank UK.

Evening Standard

HSBC CEO Noel Quinn To Retire, Successor Search Begins

HSBC CEO Noel Quinn To Retire, Successor Search Begins

HSBC CEO Noel Quinn announces retirement after successful restructuring, with CFO Georges Elhedery a potential successor. Industry experts and shareholders...

Noel Quinn’s exit seems respectable but big uncertainties about HSBC remain

Noel Quinn’s exit seems respectable but big uncertainties about HSBC remain

Chief executive’s departure sounds sensible enough but successor will inherit heavy strategic workload

The Guardian - UK

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The Guardian - UK

Eurozone escapes recession; UK mortgage approvals hit 18-month high – as it happened

Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction

The Guardian - UK

HSBC chief Noel Quinn to step down after ‘intense’ five years

Bank says it has started search for a successor as it reports quarterly profits beat forecasts

Stocks Plunge Before the Open as Meta’s Revenue Forecast Disappoints, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.87% this morning as a disappointing revenue outlook for the current quarter from Meta weighed on sentiment, while market participants braced for a new round of U.S. economic data and quarterly reports…

HSBC Reports Chinese Wealth Driving US Investments Among Clients

HSBC reports Chinese wealth driving US investments, focusing on tech, real estate, healthcare sectors.

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The Guardian - UK

Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’

Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loans

The Guardian - UK

Even a ‘rate shock’ for British mortgage borrowers may not help the banks

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was

International Business Times UK

Best First Credit Cards in UK 2024: How To Apply, Eligibility, Card Fees, and More

Learn about fees, credit limits, eligibility, perks, and the role of credit scores when applying for UK credit cards for the first time.

West Virginia adds four banks to restricted institution list over ESG policies

West Virginia Treasurer Riley Moore (R) announced April 8 that four large banks and financial services firms—Citigroup, TD Bank, HSBC, and The Northern Trust Company—were ineligible to do business with the state under a 2022 state law prohibiting contracts with businesses that boycott fossil fuel companies. The announcement came after…

Banco Galicia Optimistic After HSBC Deal In Argentina

Banco Galicia's acquisition of HSBC's operations in Argentina strengthens its market position and growth strategy in the evolving financial landscape.

International Business Times

HSBC To Offload Argentina Business, Absorbs $1 Billion Loss on Exit Deal

HSBC announced its agreement to sell its business in Argentina for $550 million, with a $1 billion pre-tax loss in the first quarter of 2024.

Evening Standard

HSBC exits Argentina nursing $1 billion in losses

Argentina exit followers earlier Mexican cocaine scandal

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