HSBC

Skd98012

HSBC just upgraded JNJ from Hold > Buy with a $170 price target (currently sitting at ~145)

Skd98012

BREAKING NEWS: JNJ stock upgraded from Hold > Buy with a $170 price target by HSBC

Affectionate-Idea690

AMD introduces AI chips for business laptops and desktops - Reuters AMD rises 2% as HSBC upgraded its shares to buy with price target of $225.

Ashamed-Second-5299

HSBC Chinese bank upgraded amd to $220. Something fishy going on

DisfuncionTecnica

HSBC was a lot worse (openly drug cartel money laundering) and they are doing just fine. They'll pay a fine and go back to business as usual.

ConcentrateOdd8190

HSBC EXPECTS 75 BPS OF INTEREST RATE CUTS BY THE U.S. FEDERAL RESERVE IN 2024 They must be smoking some high quality crack 

cmwmyx

I'll look into it. The accounts were opened in different countries as I work abroad mostly. All HSBC accounts, but the different countries offer different viable options.

cmwmyx

Thanks for the vote of confidence and advice. I'm 35, currently utilising 3 HSBC savings accounts: Flexi @ 3.2% and Future @ 3.5% and an ISA @ 4.2% Monthly auto direct debit transfers of 30% of my salary upon receipt. With the remaining 70% of salary in regular account which I live on, I budget frugally, and if there are remainders after allocated mandatory expenditures, I put that into a high dividend return pie on Trading 212. However, I feel that the funds can grow faster and that I'm not nurturing the growth well enough. Hence, the post.

mcorvin88

Positions in Citi. DD: HSBC PT 70, buy rating (12% upside), Wells Fargo PT 80, overweight (28% upside), Oppenheimer PT 88, outperform (41% upside), Goldman Sachs PT 68, buy rating (9% upside); average PT 76.5 with average upside of 22.7% (all upsides based on stock price of $62.32 earlier today). wells Fargo has also had a good run like Citigroup but upside potential is less. Citigroup undervalued compared to its peers: WF, JPM Chase, BoA per Morningstar report March 26. Goldman Sachs just released a report yesterday citing Q1 upside highest for Wells Fargo and JPMorgan. however just 2-3 weeks ago GMS had upgraded citi to buy; and wells fargo was downgraded in the same time period by KBW. Wells Fargo doesn’t have as much an upside. I’ve already bought in. I’m not sure given the macroeconomic input today when the next time to buy would be.

Bronto_Chad

A group called CyberN\*\*\*\*\* breached HSBC and Barclays banks. 

No-Lack-3144

Shell, COF and HSBC. COF and HSBC both trade under a book value of 1. If the merger goes through COF will be worth even more. COF also trades below intrinsic value by 29%. HSBC trades 39% below intrinsic value as well. I see HSBC as the Citi of Europe as they have also been trimming the fat globally. Europe basically beats down their own stocks and with HSBC you get China exposure in Hong Kong. Shell is not far off from Chevron in market cap and revenue. The EU is why they trade at a discount as well as the previous management which was not helpful. New CEO has started shifting this company back to their roots and it’ll pay off. Shell trades at 58% below intrinsic value as well.

DurianOrganic3438

>Wealthsimple i have noticed this too. I use HSBC for trading, but I hate that. Market orders should be whatever the stock price is at. (just a few years ago, you could place market orders, and not have to be sold someone else''s higher ask) not sure who's makin' the rues anymore.

Mt_Koltz

Here's a massive list of brokers which didn't turn off the buy button: * Most Canadian Brokers (Questrade, Qtrade, Disnat, BMO, HSBC, RBC, TD, etc.) * Most European Brokers (Swissquote, TradeStation, Degiro) * Fidelity * Vanguard * WealthSimple (CAN, US) * Schwab (Margin requirements increased) * You Invest (JP Morgan/Chase) * Capital.com * Wells Fargo - allowed trades but banned its advisors from talking about GameStop * Nordnet * Citibank

Ieatmudd

Damn near everybody turned off the buy button E-Toro - Proof - Forced stop-losses Bad Brokers - Restricted purchasing of certain tickers E-Trade - Proof Ally - Proof Public.com - Proof Merrill Edge - Proof IG Broker - Proof Trade Republic - Proof Webull - Admitted they were forced to by clearing firm - Clearing firm is Apex - They'll be moved to neutral once they publicly confirm Apex was sole reason the trades were restricted. Stake - Proof Trading212 - Proof - re-enabled, caused by intermediary - Intermediary is IB - Restricted purchasing of other securities previous - Based on them restricting securities before this, and countless complaints regarding other restrictions, I've put them back in the bad list. Neutral Brokers - Restricted trading, publicly naming their intermediary Freetrade - Proof, blames Barclays - CMO Interview - CMO Tweets M1 Finance - Proof - Blames Apex Clearing Tastyworks - Proof, blame Apex Clearing Stash - Proof, blamex Apex Clearing TD Ameritrade/Canada - Proof - Proof2 - (Margin requirements increased, Covered call and short put orders may only be placed with a broker and support times are > 2h, other trades restricted) - Neutral because they didn't restrict the purchase of stocks with cash. Revolut - Proof - Blames DriveWealth LCC Good Brokers - Did not restrict trading Most Canadian Brokers (Questrade, Qtrade, Disnat, BMO, HSBC, RBC, TD, etc.) Most European Brokers (Swissquote, TradeStation, Degiro) Fidelity Vanguard WealthSimple (CAN, US) Schwab (Margin requirements increased) You Invest (JP Morgan/Chase) Capital.com Wells Fargo - allowed trades but banned its advisors from talking about GameStop Nordnet Citibank Note regarding the clearing houses The first step is to know why brokers restricted the trading. The second step is to investigate what happened with the clearing houses. Currently, the following clearing houses seem to have had the most issues: Apex Clearing Barclays IKBR We don't know if these firms acted maliciously (protecting themselves before protecting the free market), or because they literally had no choice.

Ieatmudd

E-Toro - Proof - Forced stop-losses Bad Brokers - Restricted purchasing of certain tickers E-Trade - Proof Ally - Proof Public.com - Proof Merrill Edge - Proof IG Broker - Proof Trade Republic - Proof Webull - Admitted they were forced to by clearing firm - Clearing firm is Apex - They'll be moved to neutral once they publicly confirm Apex was sole reason the trades were restricted. Stake - Proof Trading212 - Proof - re-enabled, caused by intermediary - Intermediary is IB - Restricted purchasing of other securities previous - Based on them restricting securities before this, and countless complaints regarding other restrictions, I've put them back in the bad list. Neutral Brokers - Restricted trading, publicly naming their intermediary Freetrade - Proof, blames Barclays - CMO Interview - CMO Tweets M1 Finance - Proof - Blames Apex Clearing Tastyworks - Proof, blame Apex Clearing Stash - Proof, blamex Apex Clearing TD Ameritrade/Canada - Proof - Proof2 - (Margin requirements increased, Covered call and short put orders may only be placed with a broker and support times are > 2h, other trades restricted) - Neutral because they didn't restrict the purchase of stocks with cash. Revolut - Proof - Blames DriveWealth LCC Good Brokers - Did not restrict trading Most Canadian Brokers (Questrade, Qtrade, Disnat, BMO, HSBC, RBC, TD, etc.) Most European Brokers (Swissquote, TradeStation, Degiro) Fidelity Vanguard WealthSimple (CAN, US) Schwab (Margin requirements increased) You Invest (JP Morgan/Chase) Capital.com Wells Fargo - allowed trades but banned its advisors from talking about GameStop Nordnet Citibank Note regarding the clearing houses The first step is to know why brokers restricted the trading. The second step is to investigate what happened with the clearing houses. Currently, the following clearing houses seem to have had the most issues: Apex Clearing Barclays IKBR We don't know if these firms acted maliciously (protecting themselves before protecting the free market), or because they literally had no choice.

Ieatmudd

E-Toro - Proof - Forced stop-losses Bad Brokers - Restricted purchasing of certain tickers E-Trade - Proof Ally - Proof Public.com - Proof Merrill Edge - Proof IG Broker - Proof Trade Republic - Proof Webull - Admitted they were forced to by clearing firm - Clearing firm is Apex - They'll be moved to neutral once they publicly confirm Apex was sole reason the trades were restricted. Stake - Proof Trading212 - Proof - re-enabled, caused by intermediary - Intermediary is IB - Restricted purchasing of other securities previous - Based on them restricting securities before this, and countless complaints regarding other restrictions, I've put them back in the bad list. Neutral Brokers - Restricted trading, publicly naming their intermediary Freetrade - Proof, blames Barclays - CMO Interview - CMO Tweets M1 Finance - Proof - Blames Apex Clearing Tastyworks - Proof, blame Apex Clearing Stash - Proof, blamex Apex Clearing TD Ameritrade/Canada - Proof - Proof2 - (Margin requirements increased, Covered call and short put orders may only be placed with a broker and support times are > 2h, other trades restricted) - Neutral because they didn't restrict the purchase of stocks with cash. Revolut - Proof - Blames DriveWealth LCC Good Brokers - Did not restrict trading Most Canadian Brokers (Questrade, Qtrade, Disnat, BMO, HSBC, RBC, TD, etc.) Most European Brokers (Swissquote, TradeStation, Degiro) Fidelity Vanguard WealthSimple (CAN, US) Schwab (Margin requirements increased) You Invest (JP Morgan/Chase) Capital.com Wells Fargo - allowed trades but banned its advisors from talking about GameStop Nordnet Citibank Note regarding the clearing houses The first step is to know why brokers restricted the trading. The second step is to investigate what happened with the clearing houses. Currently, the following clearing houses seem to have had the most issues: Apex Clearing Barclays IKBR We don't know if these firms acted maliciously (protecting themselves before protecting the free market), or because they literally had no choice.

dicktoballratio9000

We believe the upcoming GTC keynote will reveal broadening & deepening AI leadership. Further, our recent industry (component buyers/sellers) feedback supports strengthening demand in 2024 and 2025, especially for CPU-GPU combo Grace-Hopper,” wrote Truist analyst Willaim Stein in a research note. Stein raised his target price on Nvidia to $1,177 from $911 previously, keeping a Buy rating on the stock. The new target is based on a price-to-earnings multiple of 37 times Nvidia’s forecast earnings in 2025, which Stein noted is a discount to high-growth semiconductor peers. Elsewhere, HSBC analysts raised their target price on Nvidia to $1,050 from $880 and maintained a Buy rating on the stock.

heliacal-rising-rain

Companies that will speak at the GTC 2024 AI Conference: * NVIDIA * Meta * OpenAI * Google * Salesforce * LinkedIn * Microsoft * Mistral * xAI * Ford (also falls under Automotive) * ServiceNow * Cohere * Adobe * Lowe's * Medtronic * NEAR Protocol * Capital One * Yaskawa Electric Corp * Jaguar Land Rover (also falls under Automotive) * Shutterstock * Getty Images * Wayve * Adept AI * Siemens Digital Industries Software * Pixar * Modular AI * HSBC Holdings * Oracle Health * Samsung Electronics * Scale AI * NASDAQ * KT * Wells Fargo * SentinelOne * Allen Institute for Artificial Intelligence * Schlumberger * Cadence Design Systems, Inc. * Verizon * Chetan Sharma Consulting * Amdocs * Relation Therapeutics * Essential AI * Sakana AI * Inceptive * L'Oreal * GE Healthcare * Bristol Myers Squibb * Shell * Disney * HSBC Holdings * Genentech * Ford * Jaguar Land Rover * ARK Investment Management LLC

Nightly-Philosopher

First time investor so unsure where to start. I'm going to go for the global index fund for my existing pension funds, probably 70% of my savings. I'm looking to invest the other 30% in various other index funds, I work in tech so leaning towards tech, robotics/ automation and AI. Any advice on what to invest in? Also, should I use Hargreaves Lansdowne, AJ Bells Dodl or Moneybox? I think the AJ Bells Dodls adventurous fund looks good instead of my ideas around AI investment as it has things like HSBC emerging markets which I think could be a better investment than AI , based on what I've read online, but moneybox doesn't have that option. What's best? Any ideas appreciated, thank you

gewur33

HSBC and Société Gebneral today stopped to issue Knockout long Certificates.  It squeezes. 

gewur33

no new long certificates issues by HSBC and Societé on traderepublik LOL. Bought 5 more MSTR

gewur33

Can confirm that HSBC and Societé only issue harmless 1.4x leveraged certificates on TradeRepublik. Wanted to pickup more of the good ones -- not available!! bought more MIGA :\]

xdesm0

$HSBC they launder their money.

SocialyAwkwardBonobo

**Semiconductors** HSBC Nasdaq Global Semiconductor UCITS ETF iShares MSCI Global Semiconductors UCITS ETF USD (Acc) VanEck Semiconductor UCITS ETF **AI** Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C WisdomTree Artificial Intelligence UCITS ETF USD Acc just to name a few. There are many sited just for ETFs, where you can dig into the world of ETFs :)

This_Guy_Fuggs

GOOG AMAT GS HSBC TM PBR (definitely not great, but at least cheap, still) ALB and the riskier but cheaper SQM

sportingpool

what about a bank. HSBC. they are much more solid than they get credit for now, and are inexpensive cigarette companies are also completely out of flavour :- ) can get 10% div yield on altria or BTI

ahminus

Already got puts on HSBC.

Jedclark

If you don't want to pick individual stocks, you can open a stocks and shares ISA with your bank. They will manage things like diversifying between countries, sectors, asset classes, etc. for you. I have one with HSBC and you can open one from the HSBC app. Whatever bank you are with, if they have an app take a look on there and see if there's an investment section somewhere.

aka0007

Their cash balances are unlikely to be divided up into so many chunks as it would make managing cash a nightmare. In any case, verifying cash is the easiest thing to do. You go to HSBC, Chase, Bank of America and the other banks that Tesla has cash at and they will send the accountants directly statements verifying the cash balance and any cash activity requested.

jsupanci

Exactly yes, it's like one of those SAT questions "A is to B as X is to Y". They're just working with securities instead of real-estate. It might get interesting at the high levels at the big banks, like "upstairs" at HSBC. But, it's generally boring work.

RossRiskDabbler

Insider trading happens 24/7/365. The thing is, in small margins. What did you think, you as for example Barclays Front Office trader on a Rates or FX desk go to HSBC FO desk on Flow Rates 'you suddenly forgot' what they did at Barclays? Insider trading always happens. Everywhere. But at marginal level because they know if it's an anomaly on the market the financial regulators wake up and catch you.

KryoAnura

According to a post from the german version of wsb: - KeyBanc Raises Price target to $1,100 from $740 - HSBC Raises Price target to $880 from $835 - JPMorgan Raises Price target to $850 from $650 - Deutsche Bank Raises Price target to $720 from $560 - Bernstein Raises Price target to $1,000 from $700 - Morgan Stanley Raises Price target to $795 from $750 - BofA Securities Raises Price target to $925 from $800 - Goldman Sachs Raises Price target to $875 from $800 While UBS cuts the PT from 850 to 800. I have not checked them myself, so if those are wrong it's /u/Dmitriy1996 fault.

kuprenx

[$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): +15% premkt ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): UBS Cuts Price target to $800 from $850 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): KeyBanc Raises Price target to $1,100 from $740 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): HSBC Raises Price target to $880 from $835 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): JPMorgan Raises Price target to $850 from $650 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Stifel Raises Price target to $910 from $865 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Deutsche Bank Raises Price target to $720 from $560 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): DA Davidson Raises Price target to $620 from $410 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Cantor Fitzgerald Raises Price target to $900 from $775 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Bernstein Raises Price target to $1,000 from $700 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Wolfe Research Raises Price target to $900 from $630 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Morgan Stanley Raises Price target to $795 from $750 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): BofA Securities Raises Price target to $925 from $800 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Truist Securities Raises Price target to $911 from $691 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Goldman Sachs Raises Price target to $875 from $800

kawkface

kt ❖ $NVDA: UBS Cuts Price target to $800 from $850 ❖ $NVDA: KeyBanc Raises Price target to $1,100 from $740 ❖ $NVDA: HSBC Raises Price target to $880 from $835 ❖ $NVDA: JPMorgan Raises Price target to $850 from $650 ❖ $NVDA: Stifel Raises Price target to $910 from $865 ❖ $NVDA: Deutsche Bank Raises Price target to $720 from $560 ❖ $NVDA: DA Davidson Raises Price target to $620 from $410 ❖ $NVDA: Cantor Fitzgerald Raises Price target to $900 from $775 ❖ $NVDA: Bernstein Raises Price target to $1,000 from $700 ❖ $NVDA: Wolfe Research Raises Price target to $900 from $630 ❖ $NVDA: Morgan Stanley Raises Price target to $795 from $750 ❖ $NVDA: BofA Securities Raises Price target to $925 from $800 ❖ $NVDA: Truist Securities Raises Price target to $911 from $691 ❖ $NVDA: Goldman Sachs Raises Price target to $875 from $800

youllbetheprince

He made a bad comparison but China accounts for 30% of HSBC's revenues or so. It is heavily exposed.

My_G_Alt

Crypto took a lot of HSBC’s TAM if you catch my drift

Ok-Tour-7403

Me too, got panic as a lot of options from Société Générale [***disappeared***](https://www.google.com/search?client=firefox-b-e&sca_esv=fa8fe62a24a75465&sxsrf=ACQVn0_aR27t0_HN7bWsOcCt3DosUtTcaw:1708558394056&q=disappeared&spell=1&sa=X&ved=2ahUKEwiVlp-BzL2EAxWk4AIHHX-1C-YQkeECKAB6BAgFEAI) and fomoed into a 680$ 13/03 call from HSBC. I guess you were lucky/earlier and still could buy Société Générale Options.

deezee72

You have no idea what you're talking about. China actually has quite a lot of privately owned brokerages, including Guangfa Securities, which is a top 10 brokerage by size and which is fully privately owned (Citigroup is the largest investor in its parent company). Ping An Securities sits under Ping An, whose largest owner is HSBC with 17% share, vs. 5% share for the Shenzhen government. East Money Securities is the largest retail focused brokerage and is still majority owned by its founding team - Qi Shi alone owns 20%. There are also a number of brokerages that are majority privately owned but which have the government as a minority stakeholder, and which behave similarly to the private companies. CICC is the second largest brokerage in China and was founded as the local joint venture of Morgan Stanley - since Morgan exited by selling to other private investors, the government "only" has a 40% stake. Overall, the Chinese government believes its essential to maintain control of the financial system through state ownership of banks, but they appear to see brokerages (and insurance) as less strategic, and have been much more open to allowing private investors to found or own brokerages as a result.

hanky0898

They assisted the usa by trapping the daughter of Huawei founder while making most of their profits from Hong Kong. How is that for helling China. HSBC is a british bank not a Chinese bank.

hayasecond

The name Shanghai is back from 1865. HSBC is a UK bank, headquartered in London, with its original roots in Hong Kong. They did open branches in Shanghai , way before CCP occupied China. You can’t seriously compare its relationship with China to boa relationship with the U.S. whose headquarter is in the U.S. and founded in the U.S.

CheeriosRDonutSeeds

HSBC = HK Shanghai Banking Corp - you don’t expect BofA to reduce exposure to US back in the GFC do you?

XunclericoX

HSBC

brunocborges

https://www.thestreet.com/investing/stocks/analysts-unveil-new-nvidia-price-targets-as-key-earnings-report-looms "Gerra lifted his price target on Nvidia by $300, to a Wall Street high of $1,050 per share, in a report published Tuesday." "HSBC analyst Frank Lee is a bit more cautious, however, even as, in a note published Monday, he bumped his target by $35, to $835, while affirming a buy rating. "

ExactLobster1462

HSBC Raises NVIDIA's Price Target to $835 From $800, Keeps Buy Rating

RushXtreme

Unfortunately the tech systems in UK banks are held by shoestrings. Wait for more banking outages in 2024. HSBC had 3 big ones, one over Black Friday sales weekend. Time the regulator put in massive fines or cost cutting will gut the banks. Then like the water companies, customers will get charged to fix the problems… You heard it here first. No to go back to getting drubk

trainwreck001

Imagine following HSBC for analysis 

NVDAismygod

HSBC said NVDA will peak next week and have limited upside for 2024-2026

NVDAismygod

HSBC gave this memo as they updates their price target.

Grunblau

“HSBC upping the valuation of their collateral.”

5uckmyd1ckb1t4

[$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): HSBC Raises Target price to $835 from $800 ❖ "We remain LT bullish on Nvidia's dominant AI strategy as we expect its competitive moat will enable Nvidia to remain significantly ahead of any competitors. However, we expect the momentum of its 2023 quarterly earnings beat and raise to likely peak starting this quarter. Given Nvidia's share price rally year-to-date of +46% (vs Nasdaq index +8% year-to-date), we believe overall market expectations have risen significantly as consensus earnings are now approaching our forecasts. Hence, we see limited room for further earnings upside in 2024 relative to the sales and earnings surprise that we saw in 2023. Despite this, we remain bullish on further re-rating emerging from new TAMs."

ChirrBirry

HSBC real estate fund is almost entirely invested in US properties through companies like Prologis. I suppose that’s better than having the same amount of the profile trapped in Chinese property.

ahminus

I don't think HSBC is healthy. I bought September puts on it.

MrZwink

will TSM reach 134? nobody knows. that being said, going long on an option is a very good way to go to 0 if the stock doesnt go to the strike, so its a bit hit and miss. 500 is a small amount to do stuff with, try a few smaller transactions first. i know it wont feel as grand. but theres a few stocks around the $5-$15 range that have options. you can trade smaller amounts first, get the hang of things before making a big bet. a handy rule is to never have 1 position be more tha 5% of your porfolio. here are some examples of great cheap stocks to do options on: Ford, HSBC, X (the steelcompany, not twitter), volkswagen, nintendo, danone, [jd.com](http://jd.com), e.on.

Diamondhands4dagainz

Nicely timed hit piece from HSBC to tank PLTR

OptimalRevolution901

ARM is now worth more than HSBC in the FTSE100 😂 It’s going to shits

LuckyConsideration51

They usually decrease the interest the more you put in, in my bank you get 5% interest until you have more than £50k then it's 2%, anything above £100k 1% HSBC

sporks_and_forks

what kinda hit will HSBC take for laundering money for Chinese folks? https://www.thebureau.news/p/fake-chinese-income-mortgages-fuel

BudgetMother3412

The big banks (Chase,HSBC,Wells Fargo et al) are looking at June-July cuts

mechanicalcontrols

Or HSBC

Legitimate-Source-61

I am not sure. It may be to do with where people put their money. I presume if you are an international, you still buy property in London. But would you buy UK stocks? Maybe there is no tax advantage. Many listings are of international companies such as Royal Dutch Shell, BP or HSBC, and people probably will look to seek Holdings on more favourable exchanges, I am not sure. The biggest shares on the FTSE aren't growth stocks, they are all stalwart old economy stocks. If you want growth, look to the US, where Amazon, Apple, Tesla and the rest of the Magificent 7 are.

Smidday90

HSBC has its finger in a lot of pies

cutiesarustimes2

“HSBC quotes evidence that a 10 per cent increase in house prices leads to a 1.3 per cent drop in birth rates, and an even sharper fall among renters.” Rip

michaelhschen

HSBC is 6.88 drops to 4.88 for 150 trades a quarter. CIBC is 6.99 and commission free for 25 and under.

thething246

The bank is a well established bank (HSBC). There will be a penalty for early repayment unfortunately. I do not think there are any other fees but I will take a closer look. Thanks!

AaronDotCom

*very* low margins for a bank at 19% JPM 35% HSBC 40% Net

RockinRich631

Chinese companies do not have to adhere to the same accounting, disclosure and audit standards as US issuers. You cannot know how reliable any of their financial information might be. The Chinese government can, and has, nationalized companies with little regard for shareholders. Companies that are "too successful" could find themselves to be the target of the government's wrath. See Jack Ma. Issuers that do not act in a way that the government approves could also be subject to harassment. See John Flint from HSBC. China could invade Taiwan at any time, possibly prompting another proxy war for the US. Other than that, they're fine... /s

Rolling_in_the_Dip

Go to cash is the call by HSBC, stock and crypto rug pull incoming

mintz41

It might be worth looking at data that includes whether customers are leaving other banks to bank solely with SoFi, or whether they're just additional accounts. One of the biggest problems Monzo/Starling/Revolut etc continue to have in the UK is that people use them in addition to HSBC, Lloyds etc, rather than instead of. They came to market early with neobanking features which people used for everyday spending, but they never left their main bank for stuff like salary pay in, rent, etc. That has continued to be the case and has given the big banks, especially Lloyds and NatWest, time to bring their neobanking features to market. I would imagine much the same will play out in the US, even though retail banking customers don't really mean much for banks. I just don't see the upside at all in being invested in a bank.

DaniDaniDa

Look at the kind of companies on there. It's pretty 20th century stuff. Rio Tinto or HSBC vs Apple difficult battle to win 2023.

chuckwow

I'm a bagholder and long term investor (will DCA until my cost basis is lower than the stock price). I despise the big banks (JPM, Wells Fargo, Citi, HSBC) who are too-big-to-fail, shortchange clients with measly .1% interest and ridiculous fees/penalties/minimum balance requirements, scandal ridden but only slapped with small fines, if any penalties. I'm not impressed with the SoFi app, as it's only marginally better than Charles Schwab (my favorite of the big bois), Chase and Citi. However, the moat I see that SoFi has is 1) modern tech stack. Maybe they overpaid for Galileo and esp. Technisys, but now they are integrating both so their backend is modern, cloud-based and in time they can offer the backend tech service to legacy banks (however many community banks and regional banks that would rather pay for SoFi's subsidiaries to modernize their tech stacks rather than try to do it in-house). We should know by 2025 if SoFi's attempt at being the "AWS of Fintech" will catch on or bear little fruit. 2) SoFi's app clearly makes one-stop-shop services available. Thru their partners or from SoFi you can get a will/estate made, get a new/usedcar loan, there's a car buying service (I think via TrueCar partnership), call to talk to a certified financial planner for free, buy fractional stock shares with as little as $5. SoFi's offerings are more comprehensive than what I find on Schwab or Chase apps/websites. 3) SoFi's ability to market & option to cut their expenses, if they wanted to. Maybe it's because I'm in LA and in the SoFi bubble, but I see the SoFi reminders everywhere. FB, TikTok, Anthony Noto (he gets interviewed much more than any bank CEO, it seems) and Liz Young on CNBC (I see Liz a lot, but don't seem to see her counterparts from the other banks). SoFi Stadium seems to be a good marketing move with hosting 2022 LA Rams supeberbowl winners (and Chargers team, though they suck), Taylor Swift's Eras Tour movie being filmed there. I do auto-deposit of $50 Tue, Wed & Thu that moves $50 from my SoFi Savings acct to SoFi Invest. SoFi Plus gives me $1 each of those days as an incentive ($1 for Tue, $1 for Wed, $1 for Thu). SoFi could easily eliminate this bonus offer and save themselves $156 a year ($3/week x 52 weeks). As a faithful SoFi member, I benefit greatly from this but would still use SoFi Invest without this bonus. 4) Watch Anthony Noto's speech or interviews, or look at his work history (former: managing director of Goldman Sachs, COO of Twitter, CFO of NFL, West Point mechanical engineering degree West Point, Army Ranger trained as a communications officer). If SoFi's company culture is in line with Anthony Noto's work ethic and vision, it's only a matter of time that the stock price reflects the company. Noto consistently buys shares when it's < $7. &#x200B; 5) For me, I look to invest in a company long term that has: a) large TAM (total addressable market), b) right product offerings that can scale to meet demand, c) right leadership team to make it happen. I was just too early buying in to SoFi.

grathontolarsdatarod

Yep. The number of banks going down has been pretty noticeable the last 18 months. Eventually, whatever it poisoning them will work its way up the food chain and banks/institutions will divest to survive. Have a look at HSBC. Downvote all you want. While you're at it, provide a reason why banks will do EVEN BETTET next year :)

R0gu3tr4d3r

My HSBC shares are up 35% in less than 3 years and pay a 5% dividend.

dandanmusicman

Over 600 comments on daily telegraph ‘We are teachers with no pensions – but £900,000 in Bitcoin’ Dear Victoria, Here’s my portfolio, I would be interested in your thoughts. We are a couple – a retired teacher, aged 61, and still working teacher, aged 57, with two grown-up, independent children. We have a net income of £48,000 per annum. Thank you, T Victoria says: Dear T, Your portfolio, made up of just Bitcoin, ether and cash would give most financial advisers a heart attack. To me it looks like a ticking time-bomb leaving you in danger of losing that hard-earned wealth unless you take drastic action as soon as possible. There’s almost no diversification, no allocation to traditional asset classes like stocks, bonds, or property, and you’ve loaded up on way too much risk. I’m also concerned that you have zero pensions accrued but I’ll come back to that later. There’s no denying cryptocurrencies have done extremely well in 2023 with Bitcoin up around 150pc. So I’m sorry to be a party pooper but cryptocurrency markets are subject to wild swings and abrupt reversals. You don’t have to go far back on the charts to see that gains can be very quickly wiped out in this notoriously erratic asset class – take the sell-off in 2022 as a reminder when Bitcoin’s value ended the year at around a quarter of where it started. I would hate to see your wealth slashed like that, especially as your retirement years approach. Fortunately, this year’s crypto bounce means now isn’t a bad time to sell your Bitcoin and ether so you can build up a secure, resilient, and sensible portfolio instead. I’d start by focusing on some “core” building block funds across equities and bonds, making up the lion’s share of your portfolio. These will provide geographical and asset class diversification to help spread your risk and protect your wealth. Then if you want to have some fun with a much smaller allocation to riskier assets that take your fancy, such as crypto, or some higher-risk equity funds then that’s your call. With an allocation of around 40pc, you could invest in some core equity funds covering the world’s major investment economies such as the US, Continental Europe, UK, Japan, and a smaller allocation to riskier emerging markets. You can do this by selective individual tracker funds such as Fidelity Index UK, Vanguard US Equity Index, HSBC Japan Index, Vanguard FTSE Developed Europe ex UK ETF and Fidelity Index Emerging Markets. All of these are components of our interactive investor Super 60 recommended funds list. But if you want to keep things even simpler, you could go for a one-stop-shop equity fund such as iShares Core MSCI World Ucits ETF or Vanguard LifeStrategy 100% Equity. I would then think about an allocation of around 40pc to bonds. There are three reasons to be optimistic towards fixed income in 2024. First, inflation is falling which will hopefully allow the Bank of England to cut rates. Lower rates are good news for bond prices as the value of existing, higher yielding debt increases when interest rates fall, and new bonds offer lower yields. Secondly, after many years, bonds offer attractive income. With the “yield to maturity” on gilts at around 4pc and sterling corporate bond yields at about 6pc, you’re finally getting paid well to hold bonds, making their returns rival those in the equity market. Thirdly, bonds are a good hedge against stock market volatility and turbulent economic times. In terms of what to buy, I’d highlight the Vanguard UK Government Bond index for broad exposure to gilts and Rathbone Ethical Bond for a diversified actively managed portfolio of sterling corporate bonds. But if all of that still feels too complicated, you could put most of your wealth into one fund within the Vanguard LifeStrategy range, either 40pc or 60pc equity. These funds combine multiple individual index funds into one portfolio, giving you access to thousands of shares and bonds in one investment, providing built-in geographical and asset class diversification. The only difference is the proportion allocated to equities versus bonds, which you would choose depending on your risk appetite. At the moment, you’ve got about 12pc of your portfolio in cash. Typically we’d suggest having enough cash set aside to cover around six months of living expenses, or 5pc of your portfolio at least. So you might like to put more of your cash to work in your investment portfolio to potentially improve returns, or stick to a more conservative approach – that’s up to you. In terms of your cash allocation, I hope you’ve shopped around for a decent savings rate because there are plenty of attractive offers on the market. If not, think about putting it to work in a way that will at the very least offset inflation. The Royal London Short Term Money Market, which is somewhere between a savings account and a bond market investment, is something to explore. It has an inflation-topping yield of 5.3pc, it’s very safe and is extremely popular as a result. Looking ahead to retirement, since you have neither pension nor property assets, you’re going to have to generate your retirement income almost entirely from your portfolio. This is another seriously important reason to shift away from crypto, so you don’t risk losing this wealth. I’d start thinking about dividend funds and bond funds that will generate a decent income for you when the time comes. And if you can begin to set aside some money each month to go towards your pension, that would be a good idea too – it’s never too late. But let this be a reminder to younger investors of the importance of starting your pension contributions as early as possible so you can grow your pension pot and enjoy the benefit of compounding on your investments. With triple-digit percentage gains for Bitcoin this year, it’s very easy to see the appeal of cryptos. But it can be harder to remember that there are serious risks involved that could jeopardise your wealth. Just think how devastating it would be to see your portfolio value fall sharply. Is the potential upside really worth that risk? Try to focus on building a reliable and stable portfolio rather than one which is volatile and unpredictable. Good luck.

Schmittfried

Can‘t really relate to what you’re saying. Traditional banks, brokerages and exchanges are expensive as fuck, but we got our own share of neo brokers that are backed by HSBC, Lang&Schwartz, gettex etc. We basically have our version of RobinHood, how much lower do you want to set the entry bar?

Kevin_Wolf

>banks are not that stupid either. Have you ever heard of our Lord and Saviour [HSBC](https://www.investopedia.com/stock-analysis/2013/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx)?

Chemical_Jicama_4426

Well you are somewhat right.Is there an real case that happened?(5billion profit 1 million fine).I really dont know that but i know that HSBC laundered 881 Million Dollars and fined 1.9 billion dollars back in 2012.

WACS_On

"HSBC predicts stonks go up if stonks don't go down" Truly groundbreaking analysis

Hatrick-Swayze

Without looking, if memory serves I think wells Fargo and HSBC are the top two culprits.

turry91

And this was last year oulook for 2023 Deutsche Bank 4,500 Oppenheimer 4,400 BMO 4,300 Scotiabank 4,225 Jefferies 4,200 JPMorgan c 4,200 Cantor Fitzgerald 4,100 RBC Capital Markets 4,100 Credit Suisse 4,050 Bank of America 4,000 Goldman Sachs 4,000 HSBC 4,000 Citigroup 3,900 Morgan Stanley 3,900 UBS 3,900 Barclays 3,725 Societe Generale 3,650 BNP Paribas 3,400 Average 4,031

skunimatrix

GM Card is Marcus/GS after being Capital One before that and HSBC before that...

animositisomina35

2023 S&P 500 year-end forecasts from 12/31/22: Deutsche Bank 4500 Oppenheimer 4400 BMO 4300 JPMorgan 4200 Jefferies 4200 Wells 4200 Evercore 4150 RBC 4100 Credit Suisse 4050 Goldman Sachs 4000 HSBC 4000 Citi 4000 BofA 4000 UBS 3900 Morgan Stanley 3900 Barclays 3725 SocGen 3650 BNP Paribas 3400

ConnectAstronaut2639

>However, this begs the question: why bitcoin? Would it not be a lot more prudent for afghani women without IDs to use something like tether instead? Why pay the price of bitcoin's volatility? Don’t think of bitcoin as replacing fiat. Bitcoin is property as per the IRS: https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions Instead of storing long term wealth in a house or stocks you have bitcoin as another option. So when you ask why not store your wealth in tether instead, the answer is for the same reason you probably don’t store your wealth in your currency. Debasement. Property and stocks aren’t an option for lots of people. Long term storage would go in bitcoin, short term in stable coins like tether. Keep in mind with stable coins there is counter party risk which also needs to be taken into account. > That's disingenuous. Much of the recent surge in inflation was due to transitory supply shocks. To arrive at the "10 year half life", you extrapolated the abnormally high mid-2022 inflation prints. But we've already seen that abate significantly. > It doesn't make sense to predict future inflation using a couple outlier readings, while ignoring the majority of the time we've been at 2% inflation This website charts the cpi since 1971 which is when we went off the gold standard. https://www.in2013dollars.com/us/inflation/1971?amount=1 It has the average CPI at 3.98%, not 2%. This gives a halving of 17.5 years. The 3.98% also has errors in it which is why a lot of people say it’s under reporting inflation. In fact the cpi calculation has been changed multiple times to reflect lower numbers. When people try to calculate the real inflation number it comes in just under 7 percent which is where the 10 year half life comes from. >Japan is a recent example of how deflationary spirals can crush an economy. It's gotten to the point where the central bank can no longer steer the ship. The recent worldwide inflation has honestly benefited japan, providing them with some relief. But we're already seeing that go away Austrian economists would argue that the central bank is the reason the bubble got so big. And when it pops the central bank should not be steering any ships. Steering of the ship creates bigger bubbles. The open market will self correct and balance out. I honestly don’t know enough about the situation in Japan or what caused the Great Depression / panic of 1907. Maybe it was the gold standard not being flexible enough, or maybe it was something else. For now what I do know is that bitcoin is digital property that cant be messed with. It’s a decentralized protocol just like the internet is. It cant be turned off or corrupted by handlers. And it’s growing at crazy rates. The next few years will be interesting. If this asset class becomes main stream (and everything is pointing in that direction + blackrock ETF), then these times could be similar to when people could reasonably afford property on manhattan. As for the SBF fraud. It happens everywhere JP Morgan to pay 920 million for fraud https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us Or my favorite HSBC bank allowing Mexican cartels to launder money through them. https://www.justice.gov/opa/pr/hsbc-holdings-plc-and-hsbc-bank-usa-na-admit-anti-money-laundering-and-sanctions-violations

thetaFAANG

This is like saying HSBC bowed out because they paid a fine. They’re still around and in the market.

Legitimate-Source-61

They have been closing branches in the UK like everybody else, Halifax, Natwest, Nationwide, HSBC, etc. I am not sure where else they can cut. Without branches, they are competing with online only banks. I do believe bricks and mortar branches have value. They need some sort of draw for new customers. All that money saved on bricks and mortar branches still has been ploughed into online advertising and marketing. The next generation of debtor doesn't care or knows the difference between the longstanding stalwart of Barclays or ACME Crypto Bank PlC if it is just the difference between eye ball click adverts on Tik Tok or Facebook.

Independent_Prune362

Tesla absolutely 100 percent will not hit 241 next week and I never have been wrong. I will admit I have failed as a trader Cousin Elon or as we know him Nole promised he would keep it below 236 for HSBC sake. I am putting 40k on puts at 236 week ending Dec 1. I will post my winnings and share pics (following WSB and Reddit rules of course) and show everyone how to trade.

newprofile15

HSBC was at least trying to do some AML at the time, and they still were big offenders. Binance has been basically doing zero AML and in fact has been intentionally subverting AML law for years… they’ve almost certainly funneled far more criminal proceeds at this point.

frappuccinoCoin

The largest proven money laundering operation in the world is HSBC. [https://www.investopedia.com/stock-analysis/2013/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx](https://www.investopedia.com/stock-analysis/2013/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx)

ttv_CitrusBros

Any money exchange. All banks are involved in Fraud but we just don't hear is as much since they've had time to establish their roots in the government. Fargo and HSBC come to mind

Easy-Yogurt4939

you clearly don't sound like you do. Do you know HSBC blatantly laundered money for Mexican drug cartels? Do you know Wells Fargo opened bank accounts for some people without them knowing about it?

good_guy_judas

Which ones in particular? JP Morgan? Deutsche? HSBC? Those big ones for sure would never get caught in any money laundering business. Probably just crypto, its filled with only criminals using it. Not like cash money issued from federal banks. Never used for any type of criminal enterprise. Or maybe, just maybe, the world isnt so black and white.

MarcManni

No fckin way, and you hyped us with „he was clearly intelligent and done his research“ Will never forget when one of my friends met some „expert“ with „full insights“, as he „worked in banking“ (marketing internship at HSBC, no joke looked it up), he convinced him to burn his whole portfolio in hydrogen stocks a few years ago. Some people are just too stupid for this game.

weewoowewoooo

HSBC: TSLAs price target is now $146 What a bunch of dumbasses LMAO 

weewoowewoooo

Nice price target you stupid analyst regards at HSBC LMAO 

ZestyPeak

* VWRP - https://www.vanguard.co.uk/professional/product/etf/equity/9679/ftse-all-world-ucits-etf-usd-accumulating * Vanguard FTSE Global All Cap - https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview * HSBC FTSE All World - https://www.assetmanagement.hsbc.co.uk/en/individual-investor/funds/gb00bmjjjf91

Automatic-L0ss

What are you even talking about? The bears were piling onto TSLA when the HSBC hit piece got published. The sudden reversal only happened in the last 2 days.

5uckmyd1ckb1t4

>📷 𝗖𝗣𝗜 𝗘𝗦𝗧𝗜𝗠𝗔𝗧𝗘𝗦 𝗧𝗢𝗠𝗢𝗥𝗥𝗢𝗪 📷 [$MS](https://twitter.com/search?q=%24MS&src=cashtag_click): 3.2% [$JPM](https://twitter.com/search?q=%24JPM&src=cashtag_click): 3.3% [$BAC](https://twitter.com/search?q=%24BAC&src=cashtag_click): 3.4% [$GS](https://twitter.com/search?q=%24GS&src=cashtag_click): 3.3% [$C](https://twitter.com/search?q=%24C&src=cashtag_click): 3.3% [$NMR](https://twitter.com/search?q=%24NMR&src=cashtag_click): 3.3% HSBC: 3.3% JEFFERIES: 3.3% BNP PARIBAS: 3.3% UBS: 3.3% > >: 3.1% TD SECURITIES: 3.3% BARCLAYS: 3.3% [$WFC](https://twitter.com/search?q=%24WFC&src=cashtag_click): 3.2% Consensus: 3.3%

Automatic-L0ss

Same with HSBC.

XunclericoX

If you believe this, HSBC are dominant players in both Mexico and China

0Rider

whos dirtier TSLA or HSBC?

CJ_2013

HSBC is fucking scum. Known criminals, got a slap on the wrist for funnelling cartel money back in the day. I hope they go the Credit Suisse route