Business
Customers are chasing higher-rate products, and that’s bad news for banks like HSBC
Shares of banking giant HSBC Holdings fell as much as 7% on Tuesday as the lender revealed that customers are increasingly turning to higher-rate products.
- Published
- (1 h ago)
- Outlet
- MarketWatch
- Section
- Business
- Length here
- Headline and 25-word snippet. The full article is at the source.
More from MarketWatch and around the same time
Big Tech’s earnings are on deck. There’s more for investors to watch than AI spending.As Microsoft, Alphabet and Amazon prepare to report quarterly results, workforce cuts are raising questions about how AI will reshape jobs at the top-tier tech companies.A leading Silicon Valley cheerleader just showed all the reasons to be worried about the AI bubbleIf you needed any further reasons to be worried about the bubble that has inflated the stock market, look no further.AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBSHistorically, the surges in investment and in the profitability it produced have proven unsustainable for U.S. tech companies, says Michel Lerner.SoFi’s stock climbs as lending surge drives an earnings beat and rosy outlookSoFi’s early 2027 forecast is impressing Wall Street.AI debt trouble could help Fed’s Warsh get his way with fewer rate hikesAI financing has been harder and more expensive to come by as the capital-spending boom comes under more scrutiny.My abusive ex-husband promised $20,000 for our kids’ education. Now he refuses to pay. Is he legally obligated?“Before our divorce, my former mother-in-law entrusted him with $20,000 for each of our daughters to invest on their behalf.”This page holds the headline and a short snippet as published by MarketWatch, whose feed they came from. The story itself, the photography and the rights stay with them, and the button above goes straight to their site. We keep this page so the headline has a stable address and a record of when it ran.
