A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds, the Wall Street Journal reported, citing people familiar with the matter.
HSBC Holdings
Roshan Padamadan, a former HSBC Holdings Plc product specialist, has started a hedge fund that will seek for opportunities in global liquid securities, Bloomberg reported.
Hutchison Whampoa, a conglomerate controlled by Hong Kong tycoon Li Ka-shing has picked Bank of America Merrill Lynch, Goldman Sachs and HSBC to manage the proposed listing of A.S. Watson in Hong Kong and London.
Saudi Arabia borrowers hired HSBC to manage their debt and equity capital market deals.
Brazil sold dollar bonds amounting to USD 3.2 billion set to mature in 2025 and established a new benchmark in international markets.
HSBC Holdings would be winding down the operations of its InvestDirect Securities unit in India.
HSBC Holdings had lost its bid to undo a 2009 securities fraud trial verdict, according to a Reuters report.
HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.