HSBC shares rise as markets warm up to break-up proposal by top shareholder
Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), urged a break-up of the London-headquartered bank in a bid to improve returns.
Global dividends to near pre-pandemic levels in 2021 -report
Global dividends are forecast to rise to $1.39 trillion this year, up slightly from a previous estimate to reflect a stronger than expected recovery in the company payouts, Janus Henderson said in a report published on Monday.
HSBC snaps up Axa Singapore assets for $575 mln in Asia expansion
HSBC Holdings (HSBA.L) has agreed to acquire French insurer Axa’s (AXAF.PA) Singapore assets for $575 million, part of its strategy of scaling up its wealth-management business in Asia to boost fee income.
