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  2. Former HSBC Holdings Plc currency boss Mark Johnson was the first to be convicted, and three ex-traders from other banks are scheduled to go on trial Oct. 9 in New York.

  3. Asia’s Private-Bank Party Is Good While It Lasts

    Bloomberg via Yahoo FinanceOct 03 22:00 PM

    With cash streaming in, there hasn’t been much reason for private banks to worry about high costs for things like salaries, technology and compliance. In recent years, Hong Kong has become an ...

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  4. HSBC Holdings Plc dropped 0.9 percent, Banco Santander SA declined 1.8 percent and Intesa Sanpaolo lost 2.8 percent.

  5. Dollar, Yen Falls as Italy Revises Budget Plans via Yahoo FinanceOct 03 7:37 AM

    “A lower Aussie dollar is certainly helpful for the Australian economy,” said Paul Bloxham, chief economist for Australia at HSBC Holdings Plc (LON:HSBA), who sees the currency ...

  6. Hong Kong Dollar Could Get All Shook Up as Cash Pool Shrinks

    Bloomberg via Yahoo FinanceOct 05 8:37 AM

    Hong Kong’s one-week interbank borrowing cost rose the most in a decade on Sept. 24 amid a surge in quarter-end demand for loans by banks, then tumbled by a similar magnitude. The city’s aggregate ...

  7. The RBA’s cash rate is now 75 basis points below the Federal Reserve target, the widest gap since 35 years ago when the Aussie dollar was first floated. The differential is only set to grow ...

  8. Mexico Central Bank Nominee Sees Rate Cuts in 2019 as CPI Slows

    Bloomberg via Yahoo FinanceOct 05 19:13 PM

    Policy makers have room to ease even as the Federal Reserve tightens, Jonathan Heath, a former chief economist at HSBC Holdings Plc in Mexico, said in an interview on Friday ...

  9. For Hong Kong Homeowners, Rate Rise Is Just a Few Less Big Macs

    Bloomberg via Yahoo FinanceSep 27 6:14 AM

    A 12.5-basis-point increase in Hong Kong’s prime rate -- the first in a more than a decade -- may pressure home builders in the city but shouldn’t unduly dent people’s purchasing power. Assuming ...

  10. Italy Bond Turmoil Far From Over for HSBC as EU Tensions Linger

    Bloomberg via Yahoo FinanceOct 04 8:44 AM

    Attfield now forecasts the spread will expand to 300 basis points by the end of 2018, compared with a previous prediction of 230 basis points, made on Aug. 7. The earlier forecast was predicated ...

  11. 5 Reasons to Add Capital One (COF) Stock to Your Portfolio

    Zacks via Yahoo FinanceOct 05 14:47 PM

    Capital One COF remains well positioned to grow, driven by consistent top-line rise, improving earnings performance and strong balance sheet position. Despite these headwinds, this Zacks Rank ...

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