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HSBC ceased banking operations in Nicaragua in 2009, [170] Georgia in 2011, [171] Slovakia in 2012, [172] and Palestine in 2015. [173] HSBC disposed of its 70.1% stake in the Dar Es Salaam Investment Bank, a bank based in Iraq, in 2013. [174] HSBC Bank (Turkey) transferred its operations in the Turkish Republic of Northern Cyprus to ALBANK in ...
HSBC (HSBC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in ...
On 29 December 2005, HSBC acquired 10% share capital of Vietnam Technological and Commercial Joint Stock Bank (Techcombank), one of the largest joint stock commercial banks in Vietnam by equity. In July 2007, HSBC became the first foreign bank to increase its stake in Techcombank to 15%.
HSBC raised its rating on the stock to Buy from Reduce while raising its price target on the stock to $355 from $175 per share. The firm's new price target reflects roughly 30% upside from where ...
A+CREG+CGREG+9500 ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and ...
That will cut HSBC's presence in the U.S. by about half, but it's an integral part of producing the $2.5 billion to $3.5 billion in cost-cutting that the company has targeted over the next two years.
The lender's price to book ratio per share, a measure of relative valuation, at 0.89 is among the most expensive among European peers such as Barclays and Deutsche Bank which trade at 0.52 and 0. ...
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