19 stories tagged #HSBC

  1. OpenAI's Altman: I Was Wrong About AI's Job Impact
    tech

    OpenAI's Altman: I Was Wrong About AI's Job Impact

    Sam Altman admits overestimating AI job disruption. White-collar roles prove resilient.

    last wk. 2 min read
  2. Rising US Treasury Yields Enter 'Danger Zone' for Risk Assets
    finance

    Rising US Treasury Yields Enter 'Danger Zone' for Risk Assets

    HSBC warns that surging yields on 10-year and 30-year US Treasuries could pressure stocks and other risk assets as inflation remains sticky.

    last wk. 1 min read
  3. HSBC Warns Central Banks Will Raise Rates as US-Iran Conflict Fuels Inflation
    finance

    HSBC Warns Central Banks Will Raise Rates as US-Iran Conflict Fuels Inflation

    HSBC forecasts central banks will hike rates due to supply shocks from the US-Iran conflict, with oil prices above $100 per barrel.

    last wk. 1 min read
  4. StanChart CEO Clarifies 'Lower Value Human Capital' Comment
    finance

    StanChart CEO Clarifies 'Lower Value Human Capital' Comment

    Bill Winters reassures staff after saying the bank will cut thousands of jobs and replace them with AI over four years.

    2w ago 1 min read
  5. Dollar Edges Up on Iran Peace Hopes and Fed Rate Outlook
    finance

    Dollar Edges Up on Iran Peace Hopes and Fed Rate Outlook

    The U.S. dollar rose Tuesday as investors balanced hopes for a Middle East peace deal against concerns the Fed may raise rates to curb energy-driven inflation.

    2w ago 1 min read
  6. UK Eases Bank Ring-Fencing Rules to Slash Compliance Costs
    finance

    UK Eases Bank Ring-Fencing Rules to Slash Compliance Costs

    UK to relax post-crisis bank ring-fencing rules, allowing retail and investment arms to share back-office functions, boosting efficiency for giants like Lloyds and Barclays.

    2w ago 1 min read
  7. OCBC Q1 Profit Beats Forecasts Amid Wealth Growth and Middle East War Risks
    finance

    OCBC Q1 Profit Beats Forecasts Amid Wealth Growth and Middle East War Risks

    OCBC posts 5% rise in Q1 net profit, beating analyst estimates, as wealth management fees surge 34%. Bank sets higher allowances for geopolitical risks.

    3w ago 1 min read
  8. HSBC Profit Misses as UniCredit Surges
    finance

    HSBC Profit Misses as UniCredit Surges

    HSBC's profit dipped 1.1%, hit by Iran war credit impairments. UniCredit beat expectations, raising its 2026 guidance. AB InBev also showed steady growth.

    last mo. 1 min read