HSBC Holdings Plc is a multinational banking and financial services organization based in the UK, providing a wide range of services to individuals, businesses, and institutions across the globe. The company operates through various segments, including retail banking, commercial banking, global banking and markets, and wealth management. HSBC is known for its extensive international presence, facilitating cross-border transactions and providing solutions for diverse financial needs. Its offerings encompass personal and corporate banking, investment services, and various financial products, aimed at fostering economic growth and supporting clients in their financial endeavors. Read More
London, UK – October 1, 2025 – The UK's benchmark FTSE 100 index has achieved an unprecedented milestone today, surging to a new all-time high. The robust performance was largely propelled by a significant rally in pharmaceutical stocks, alongside a strengthening British Pound, signaling renewed investor confidence in the UK market's resilience
London's financial markets are buzzing today, October 1, 2025, as a robust rally in the pharmaceuticals sector has propelled the FTSE 100 to a new record high. This significant surge, primarily fueled by a landmark development in US drug pricing policy, underscores the critical influence of healthcare giants on the
The U.S. financial landscape witnessed a pivotal moment today, October 1, 2025, as the Supreme Court issued a critical ruling concerning the tenure of Federal Reserve Governor Lisa Cook. In a move widely interpreted as a temporary safeguard for the central bank's independence, the highest court in the land
Shares of pharmaceutical company AbbVie (NYSE:ABBV) jumped 5.2% in the afternoon session after the company submitted a biologics license application (BLA) to the U.S. Food and Drug Administration (FDA) for its drug candidate pivekimab sunirine. The company is developing the molecule as a potential treatment for blastic plasmacytoid dendritic cell neoplasm (BPDCN), a rare and highly aggressive blood cancer, as well as acute myeloid leukemia (AML). Investor optimism was further bolstered by AbbVie's announcement of a $70 million expansion of its Bioresearch Center in Massachusetts to increase its U.S. biologics manufacturing and R&D capabilities. This move is part of a larger investment to strengthen domestic operations, potentially shielding the company from pharmaceutical tariffs. The positive news, which followed the stock reaching an all-time high on the previous day, appeared to outweigh a downgrade from HSBC to 'Hold' from 'Buy'.
Shares of biopharma manufacturing company Repligen Corporation (NASDAQ:RGEN)
jumped 6.6% in the afternoon session after HSBC initiated coverage on the stock with a 'Buy' rating and a $150 price target.
HSBC proudly announces that Racquel Oden has been named one of American Banker’s 2025 Most Powerful Women in Finance, a prestigious recognition that celebrates Racquel’s outstanding leadership, vision, and impact in shaping the future of the financial industry.
HSBC U.S. Head of International Wealth, Premier, and Private Banking Racquel Oden today announced that Jeff Papa has been named U.S. Head of Distribution for Wealth, Premier and Private Banking, a newly created role that will lead the bank’s sales teams and drive client growth through the entire coverage of the wealth management spectrum, including Premier and Private Bank.
In a landmark announcement at the Sibos conference in Frankfurt on September 29, 2025, SWIFT, the backbone of global financial messaging, revealed its strategic move to integrate a blockchain-based shared ledger into its core technology infrastructure. This pivotal development signals a profound shift in the landscape of cross-border payments, promising
Shares of interactive software platform Unity (NYSE:U) fell 6.1% in the afternoon session after HSBC downgraded its rating on the company's stock to 'Hold' from 'Buy'.
Frankfurt, Germany – September 29, 2025 – The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has officially launched a groundbreaking initiative to develop a blockchain-based ledger for 24/7 cross-border payments. This pivotal move, announced at the Sibos conference, sees SWIFT collaborating with over 30 leading global financial institutions and blockchain software
At 292 times trailing sales, this quantum computing pioneer trades at one of the steepest valuations in the market -- yet investors betting on a quantum breakthrough might see opportunity.
Entrepreneurs are seizing global opportunities and leveraging international wealth corridors as globalization enters a new phase, according to research from HSBC Private Bank.
Forget waiting 10 years for quantum computing to matter. IBM and HSBC are already using it to find hidden patterns in messy market data that classical computers tend to miss.
The digital asset sector witnessed a notable tremor last week as Circle Internet Group (NYSE: CRCL), the issuer of the popular USD Coin (USDC), experienced a significant 12% dip in its weekly share price. This sharp decline, observed during the last week of September 2025, signals growing investor apprehension fueled
September 27, 2025 – The decentralized finance (DeFi) landscape is abuzz with speculation surrounding a new class of advanced tokens, exemplified by the hypothetical NexusChain ($NEX). Analysts are predicting that a project embodying NexusChain's innovative features could replicate, or even surpass, the explosive growth seen by Ethereum (ETH) in 2021. This
New York, NY – September 26, 2025 – While the broader market experienced its third consecutive day of declines on Thursday, September 25, 2025, with major indices retreating amidst investor caution, the Information Technology (IT) sector presented a complex narrative. Contrary to an initial perception of a slight gain, the IT sector
Dublin, Ireland – September 25, 2025 – Global professional services giant Accenture (NYSE: ACN) is undertaking a significant strategic overhaul, recalibrating its approach to Artificial Intelligence (AI) in response to what it describes as "underwhelming" returns from initial AI investments. This bold pivot includes substantial workforce restructuring, marked by both job cuts
Shares of technology and consulting giant IBM (NYSE:IBM) jumped 5.6% in the morning session after the company, in partnership with HSBC, announced the world's first-known successful trial of quantum-enabled algorithmic trading.
