HSBC Holdings Plc– New Strategic Plan Is Complete Nonsense
* Well Written Plan, Does Not Suggest Its Viable: Strategic priorities are similar to those of the previous 3 year Strategic Plan: a) continue the...
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HSBC Holdings Plc – Swing & A Miss
* Weak 4Q17 Results Guidance: 4Q17 pre-tax results missed Street forecasts by 8%. Revenues were 1% light of consensus while costs were 3% higher....
221 Views
BoE: FPC Hikes to Normal Well Ahead of MPC
All banks passed the BoE’s annual stress tests for the first time. No new capital is required, but some capital will become incorporated into...
113 Views
BoE: Transmitting Periodic Hawkish Surprises
The BoE has delivered its first rate hike in a decade. Future moves will respond to its trade-off, with slack and inflation determining timing. I...
100 Views
FLASH: UK Car Sales Recovering; Stress Would Be Nonlinear
Gloomy headlines about new car registrations falling 9.3% y-o-y overstate current weakness. Sales were stricken by tax changes but have been...
139 Views