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The Latest Breaking News from HSBC

Third of UK mortgage holders ‘do not think they will pay it off by 65’

Survey released as HSBC becomes latest lender to increase maximum home loan term to 40 years

The Guardian - UK

HSBC offers its first 40-year mortgages as first-time buyers seek long deals

“Marathon mortgages” are becoming more popular as rising interest rates make it harder for some prospective buyers to afford a 20- or 25-year deal

Evening Standard

Why Ambitious U.S. Emissions Reduction Goals Are Increasingly Out of Reach

Amid huge profits for oil majors, pressure builds on banks to cut ties.

Capital & Main

From analysis to the latest developments in health,
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Will Nvidia’s Earnings Results Steer Tech Stock Direction?

As the second quarter earnings reporting season winds down, the markets are eagerly awaiting the earning results from Nvidia (NVDA ) later today. Those results and the company’s commentary on artificial intelligence (AI) have the potential to set the tone for tech stocks and even the broader stock market. Shares...

Barchart

Should You Buy or Sell Nvidia Stock Ahead of This Week's Earnings?

Nvidia's fiscal Q2 earnings are the key tech sector event to watch this week, as markets weigh the stock's mammoth 2023 rally against the company's latest financial performance.

Barchart

Dow Jones Futures Rise: Nvidia, Tesla Boost Stock Market Rally Attempt; What To Do Now

Dow Jones futures: The stock market rally attempt received a boost Monday. Tesla surged, while Nvidia earnings and Fed Chair Powell's speech loom.

Investors Business Daily

Dow Jones Falls As Nvidia Surges On Wall Street Calls; 3 Warren Buffett Stocks Eye Buy Points

The Dow Jones fell even as Microsoft stock popped. Nvidia stock retook a key level. A trio of Warren Buffett stocks are near entries.

Investors Business Daily

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Dow Jones Falls With Powell Speech On Deck; Nvidia Jumps On Price-Target Hikes

The Dow Jones Industrial Average dropped Monday, as investors braced for Fed Chair Powell's speech on Friday. Nvidia jumped on price-target hikes.

Investors Business Daily

How to choose the best UK student bank account

From the ‘must-have’ overdraft to money off food and rail travel

The Guardian - UK

Red Bull needs to watch its back, according to analysts

Monster is trying to reach more females in a male-skewed consumer base—but that's just the tip of the iceberg as it competes with Red Bull.

Fortune

Like Nigel Farage, British Muslims say they are being ‘de-banked’

Often without providing clear reasons, banks appear to be disproportionately closing the accounts of British Muslims.

Al Jazeera

‘It gets better and better’ — Natwest is latest major lender to cut mortgage rates

Natwest follows Halifax, HSBC, Nationwide and TSB, among others, in bringing its rates back down after a wave of increases

Evening Standard

Banks offer relief for homeowners as mortgage rates slashed

Predictions of ‘price war’ good news for first-time buyers and hard-pressed mortgage holders

The Independent UK

Four of Britain’s biggest lenders cut rates on fixed mortgage deals

Halifax, HSBC, Nationwide and TSB reduce rates, easing pressure on hard-pressed homeowners

The Guardian - UK

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news in one place.

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Evening Standard

Brokers hope for ‘price war’ as UK’s biggest mortgage lender Halifax latest to cut interest rates

Halifax is the UK’s biggest mortgage lender

The Guardian - UK

HSBC executive apologises for calling UK weak over China

Sherard Cowper-Coles claimed British government was bowing to US demands in dealing with Beijing

Fortune

A top HSBC boss called the U.K. ‘weak’ for taking sides with the U.S. against China

Sherard Cowper-Coles, head of public policy for HSBC and a former diplomat, said his comments were made in a private setting and were his personal views.

The Guardian - UK

Should I overpay my mortgage monthly or with a lump sum at the end of each year?

I have a five-year fixed-rate deal, just missed the rising interest rates and want to plan for an uncertain future

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news in one place.

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Pedestrian.tv

This Sydney Bloke Woke Up To A Rogue $105K In His Bank Account Thanks To A Mystery Fuck-Up

"I'm surprised at how easy it is to transfer $100k."

Evening Standard

Canary Wharf is big enough to ride out HSBC’s exit

City Comment: The citadel that rose from the ruins of Docklands is not going anywhere

Evening Standard

Despite HSBC blow, Canary Wharf’s future stays bright

City Voices: Canary Wharf will keep transforming

The Independent UK

Banks under fire as HSBC profits surge while borrowers are squeezed

The chair of the Treasury Committee said the latest figures show major lenders are not sufficiently passing on higher interest rates to savers

The Guardian - UK

HSBC more than doubles profits as interest rates soar

Bank says it earned £17bn in first half and will hand more money back to shareholders

Evening Standard

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

Evening Standard

HSBC profits double but it warns 'tougher time’ on the way

HSBC poured fuel on the row about bank profits today with stonking profits of nearly £17 billion in just the last six months.

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