HSBC Is So Sorry about the Drug Money - HonestMoore, James
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Analysts, though, fret that this may be as good as it gets - for now - for Europe's biggest bank. HSBC Holdings reported a pre-tax profit of $21.6bn for the first six months of the year. That was down by 0.4% on the same period last year but ahead of the $20.5bn that...
But money does have a price tag. It’s called an exchange rate, and in the global currency market, it’s always in relation to another currency. The value of a currency relative to another is reflected in the exchange rate. Inflation, interest rates, trade balance, and a country’s over...
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Since then, it has also been at the heart of the perpetual debate at HSBC over whether or not to retain its globalheadquarters in the UK or move to Hong Kong, something it reviews on a triennial basis. There was once a time when this seemed almost inevitable and ...
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HSBC ICBC Standard Bank JP Morgan Chase Merrill Lynch Morgan Stanley TD Bank UBS Standard Chartered Bank3 Bullion Trading and Lending When a central bank lends gold to bullion banks, it receives the cash equivalent of the gold. The central bank lends this money on the market at a lease rate...