HSBC - Yet a New Strategy?
HSBC Holdings Plc (5 HK) announced on 11 June a new strategy update, which includes US$15-17 billion in spending until 2020. The bank wants to...
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Italian Election Likely to Severely Impact Financial Sector
* A Coalition Win Creates Numerous Problems: The German government likely will drag out the timeline for new Italian elections in order to guide...
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Turkey Shoot
* Stronger USD on the back of higher interest rates, and higher USD-denominated oil prices are the perfect storm for the Turkish economy and...
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MBank: Any Takers for the CHF Portfolio?
We believe that well-capitalised, liquid, mBank SA (MBK PW) is in a sweet spot of higher margin revenue growth and gradual cost efficiencies within...
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EUROZONE: Industrial Production GROWTh Slows ACROSS SECTORS AND COUNTRIES
Weakness in industrial production growth in May was seen across most major sectors and economies, which clearly shows that the Euro Zone industry...
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