A Californian reported “HSBC will be reporting on 2008 results March 2nd. Word is they’re likely to surprise investors with worse than expected results and offer some guidance on the future of the US operations amongst others. Keep your ear to the ground. Within HSBC NA rumors of substantial branch reductions in early March persist.”
Archive for » February, 2009 «
I am an employee with HSBC and I just wanted to send out some information that may be interesting to some. I first must say that until now I have always been a huge supporter of the company and it’s initiatives.
Category: Jobs and Layoffs
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We wrote about dropping prices of HSBC shares a few weeks ago, and when the share price went up some people said we never mentioned the fact. The reasoning was that the increase was only temporary. Shares in Europe’s biggest lender, HSBC, hit their lowest point in a decade in Hong Kong on Friday (February 20th, 2009) amid negative speculation about the bank’s forthcoming earnings and capital reserves.
Category: General News
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The United States alone has put the equivalent of twenty percent of the world’s economic output into an attempt to haul the economy back from the brink. The US is the world’s strongest economy, but can we stop the problem? After all, we started it.
Category: Subprime
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HSBC Bank Canada said Friday earnings for the fourth-quarter of 2008 fell due in part to an impairment charge related to its holdings of asset-backed commercial paper.
Category: General News
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