HSBC Shares Slide After Group Announces Departure of CFO Ewen Stevenson

By Scott Kanowsky — HSBC Holdings PLC (LON:) has announced that chief financial officer Ewen Stevenson will step down from the role at the end of 2022, as the lender looks to overhaul its leadership team with the end of a multi-year plan to transform the business approach. In a statement, the bank said Georges … Read more

European Stock Futures Edge Higher; UBS, HSBC Release Earnings

By Peter Nurse – European stock markets are expected to open marginally higher Tuesday, continuing the previous session’s positive tone as investors digest quarterly earnings from the banking sector ahead of the release of a key guide of German business sentiment. At 02:00 ET (06:00 GMT), the contract in Germany traded 0.1% higher, in … Read more

UBS Reiterates Buy on Strong Survey Results, HSBC More Cautious By

© Reuters. By Senad Karaahmetovic  Nike (NYSE:) is still the world’s strongest athletic wear brand, UBS’ survey shows. The company is also seen as the No.1 coolest brand, best for doing sports, and having the best selection. UBS analysts said the results showed a widening lead for Nike, while the Jordan brand also scored really … Read more

HSBC Exploring Possible Sale of Canadian Unit – Reports

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