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HSBC, acquisition, Silicon Valley Bank, SVB collapse, taxpayers, depositors, UK customers, Bank of England, UK tech firm

HSBC acquires Silicon Valley Bank’s UK arm; depositors protected, taxpayers not affected

“This ensures customer deposits are protected and can bank as normal, with no taxpayer support,” Jeremy Hunt said in a…

March 13, 2023 13:02 IST

dmart, hsbc, Avenue Supermarts, q3 results

DMart: Margin miss, slow recovery; Q3 sales lower than expected in fully normal & festive season

The revenue/average square foot was still below the pre-COVID-19 as well as the 2018 level.

January 17, 2023 01:50 IST

HSBC Holdings India operations H1 profit up 22%

India is the bank’s fourth-largest contributor to the profit of HSBC Holdings Plc, after Hong Kong,

August 2, 2022 02:00 IST

Phoenix Mills rating – Buy: Firm is likely to resume its growth journey

Near-term consumption story is intact; ‘Buy’ retained with target price revised to Rs 1,310 from Rs 1,250.

June 27, 2022 00:30 IST

Canara Bank, HSBC see growth potential in life insurance JV

With the core business of Canara Bank remaining strong, the lender would like to fetch higher valuations for the JV.…

Updated: July 9, 2022 10:02 IST

Zomato share price may rally 21%, says HSBC; grocery business termed ‘poison pill’, check target

Zomato stock price has plummeted 50% so far this year, erasing massive investor wealth as the scrip fell below the…

June 15, 2022 11:25 IST

‘We’re seeing signs of a recovery — sector by sector, company by company’

In a conversation with Malini Bhupta, HSBC India’s CEO Hitendra Dave says he is looking to fortify the bank’s position…

April 1, 2022 08:33 IST

ADB's microfinance programme has provided more than USD 1.8 billion in loans and helped mobilize USD 881 million in co-financing. (Representative image/Reuters)

ADB, HSBC India set up $100 million partial guarantee programme for MFI sector

The partial guarantee arrangement will help MFIs to access funding for on-lending activities as they expand operations after the pandemic.

March 31, 2022 15:20 IST

Nykaa stock rating: ‘Buy’. HSBC initiates coverage with 21% upside; check target price

HSBC said that Nykaa is a rare combination of strong, sustainable growth and marginal return on capital in the range…

December 3, 2021 12:53 IST

Surendra Rosha, Group general manager & CEO, HSBC India

India a key market, our numbers here speak for themselves: Surendra Rosha, CEO, HSBC India

India is a key component of the HSBC Group’s growth story. In the Group’s annual financial results announced recently, HSBC…

April 3, 2021 04:30 IST

HSBC India, HSBC bank, HSBC monetary policy, GST Bill

HSBC India’s medium-term outlook to only improve further: HSBC

Medium-term growth prospect of the Indian economy is improving, and with the GST Bill likely to be passed later in…

May 20, 2016 14:26 IST

Mutual Fund agents request Sebi to scrap commission disclosure rule

Opposing the mandatory disclosure of commissions paid by mutual funds (MFs) to distributors, agents selling such financial products have requested…

May 16, 2016 15:18 IST

HSBC Q1 profit falls a smaller than expected 14%

HSBC posted a 14 percent drop in its first-quarter profit, as the lender’s investment banking unit saw trading income tumble…

May 3, 2016 10:40 IST

HSBC 2015 net profit down 1.2 per cent at 13.52 billion Dollar

Global banking giant HSBC announced today its results for 2015 which fell below analysts’ expectations after what it called “seismic…

February 22, 2016 11:18 IST

Top 10 business news: HSBC India WMS shop shut in India, Tata Group India’s No. 1, Gold falls to lowest since 2010, Paul Walker’s father sues Porsche, more

Top 10 news today (business): HSBC India WMS shop shut in India, Tata Group India’s No. 1, Gold falls to…

November 27, 2015 22:10 IST

HSBC India to shut down its private banking business

HSBC spokesman said that after a strategic review of the global private banking operations in India, we have decided to…

Updated: November 27, 2015 17:26 IST

HSBC unveils Rs 100 crore skill development programme

Banking major HSBC has announced a skill development programme for India, entailing an investment of Rs 100 crore, which will…

November 13, 2015 16:33 IST

Fight against black money: Swiss to help on stolen data too

In a move that may help India’s fight against black money, Switzerland today proposed amending its laws to share information…

September 2, 2015 19:36 IST

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