News
HSBC-Madoff Trustee LawsuitHSBC Holdings Plc (HBC - Analyst Report) will have to wait for about a month (July end) for the verdict whether the trustee of Bernard L. Madoff Investment Securities LLC can be allowed to proceed with a $9 billion lawsuit accusing the company of ... read more
HSBC May Wind Down US Holdings
According to HSBC's CEO Stuart Gulliver, the global banking powerhouse might shut down its US credit card arm if unable to sell its portfolio. It announced its intent to sell in May, but hasn't been thrilled with the offers. ... read more
Coach (COH) Downgraded by HSBC (HBC) to "Neutral"
Equities research analysts at HSBC (NYSE: HBC) downgraded shares of Coach (NYSE: COH) from an "overweight" rating to a "neutral" rating in a research note to investors on Friday. The analysts currently have a $67.00 price target on the stock, ... read more
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