HSBC

Silver_Charity

HSBC 🚀🚀🚀🚀

Initial_Somewhere_67

Remember when HSBC tuned down end of year expectations for SP500 to 5600? 

zashuna

Every country publishes their trade data. There are literally thousands, if not more, economic analysts around the world working for Goldman Sachs, HSBC, IMF, etc, who spend all day pouring over this data and looking for discrepancies, because it's their job. If there was any discrepancy, they would raise a red flag. So yes, actually, lots of people do verify the data. Or do you not know how global finance works?

notblackblackguy

IBKR app. Also a good idea to get the Wise app and set up an account. You deposit money into Wise, then transfer it to your IBKR account. When you make purchases of US stocks on IBKR, it will automatically transfer your AUD to USD. Alternatively, there is CommSec which you can set up on your phone if you have a Commbank account or HSBC has an equivalent one. I prefer IBKR though.

Crazeefoolz

but HSBC is literally “Hong Kong and Shanghai Banking Corp”…. 

f0xinaround

Anyone else play HSBC today in honor of the UK trade deal? My calls been glitching out all day

f0xinaround

My HSBC call doesnt know which way to go yet...

TheInkDon1

I don't track my individual trades anywhere, though I WAS weekly posting my progress with Diagonal Call Spreads on GLD. But then something happened to my account, u/TheInkDon, and I had to make this new one. I also posted in r/ThetaGang about Wheeling GLD right at the money, and there was an update or two there. So I don't know, maybe if you search on that user name you can find some of that stuff. Look for "GLD", mainly. Thanks for the thanks! After many years investing/trading, and some years doing options, I think I finally found something that works. And a ticker it works very well on, GLD. But other things are working for me too: Walmart, Kroger. The jury is still out on HSBC, and Macy's, which I bought a now-619DTE Call on. I enjoy helping people in general, and if I can do that here, great. Take care, Mike

TheInkDon1

I don't try to predict anything, but rather find things that are *currently* doing well. Some of the tickers I've moved into this week: WMT, KR, M, HSBC COST I can't afford, but would SOXL & UNG for shorter-term plays

RobertLeRoyParker

His smartest move of all time is flying under the radar right now. Since 2022 he’s taken custody of almost all the gold in GLD from HSBC. If a true crisis presents itself JPM will have a hell of a hedge.

TheInkDon1

No, I don't think so, but I can see how it looks that way. u/flybyskyhi made the point that he wasn't confident that his macroeconomic guesses would translate into positive equity prices. I'm a trend-follower, so I made the (unstated) leap based on his comment that all you need to know is manifested in the equity price. I trade GLD, so I know it's going up. I trade Walmart, so in Yahoo Finance I looked at the "Compare to WMT" section on the WMT page and found Costco was doing well. I trade Kroger, and found ACI, SFM, & GO the same way. I trade HSBC, and found BofA, BCS, & RY the same way. But I didn't start with a thesis that retailers or grocers or banks "should" do well; I'd found a trending stock on 3 separate occasions, and then in hindsight saw that maybe those sectors are doing well. But notice that I'm not saying to buy ALL the grocers, or ALL the banks, but if one in a category is doing well, maybe look at the others also. I have a bunch of watchlists set up in Barchart, and I'd found each of my original picks by sorting them and then scrolling through charts until I found one that looked good. No macroeconomic forecasts required. Cheers!

TheInkDon1

Came here to say something similar, so I'll tack it on here. There's always something going up. Go long that. Gold is going up. Walmart is going up. Costco too. Kroger, ACI, SFM, GO. Bank of America, HSBC, BCS, RY. Find and focus on those.

chipbod

>HSBC CUTS S&P 500 INDEX'S 2025 YEAR-END TARGET TO 5600 FROM 6700 Remember what Kamala could have gotten you. Land acknowledgments and SPY$700 was not a meme

Initial_Somewhere_67

HSBC cuts SP500 Index's 2025 year-end target to 5600 from 6700 \~HSBC Bullish as fuck, +2% today 

tsa004

> HSBC CUTS S&P 500 INDEX'S 2025 YEAR-END TARGET TO 1600 FROM 6700 so banks are seeing the forest for the trees.

Longjumping-Bonus723

So... Only winner earnings today... Visa, HSBC, Coca Cola, Spotify. Can't be a red day r-right guys? 

omigula

HSBC announces share buyback of up to $3 billion as first-quarter results top expectations

noplanman_srslynone

# HSBC first-quarter profit skyrockets 317% from previous quarter, topping expectations 

mr-mysterium

Yeah. Also opened an account with HSBC that lets you move USD to other currencies.

Relative-Sky8455

# Worried about the USD. What should I do to minimize risk? Hello, newcomer here. Not entirely sure if I should post in this sub. I am an international undergraduate student from mainland China studying in the U.S., and I am rather worried about the current state of the U.S. economy. I feel that I am in a difficult position, as saving in either USD or CNY seems risky due to the current geopolitical climate. last year, I bought about 100,000 USD, believing that the exchange rate would go up even further. It seems that the PBOC is managing the exchange rate well, making the USD/CNY hover around the 7.25 to 7.3 range. This money is currently in a FDIC-insured bank, with an interest rate of around 0.04. I am not sure what strategies I should take to minimize risk, as all countries are affected by this trade war. The entire situation is made more confusing due to the USD traditionally being seen as a safe asset, which is why I initially decided to buy so much USD. I have seen some posts and comments suggesting to buy european bonds as they are stable. There are other posts suggesting to buy Silver or Gold, although this is made difficult as I do not have an SSN or ITIN(IRS is still processing my application), and some banks require those to buy stocks and apply for credit cards. I have also considered opening a multi-currency account. After some research, I settled on two banks: East West bank and HSBC. I have found little information on the customer experience of these two banks, either on Reddit or otherwise. I would appreciate any help.

SadInsuranceGuy

HSBC Bermuda, use Bermudian dollar but is 1 to 1 in value with USD. Also tax exempt in US markets for investments, but none of the local banks have HYSA and I haven’t done enough research to know if I can use vanguards.

redhill_qik

Not sure if I would trust ChatGPT to be accurate on this. HSBC, so UK? strange that you have been mentioning $$.  Assuming that those benefits are accurate, which ones have you ever used? If you aren't getting 4% in HYSA and are getting less than 0.2% you are losing buying power of your cash to inflation. Losing $8,000 a year is a mistake, a high end travel MasterCard/Visa would be around $500 giving you all of those perks and more.

SadInsuranceGuy

Terrible rates in my country / countries banks. I wouldn’t be shocked if it was 0.15% which is why I did mention HYSA. Had to actually ask chat gpt what the benefits were and this is everything: Global Banking & International Support: • Global View & Global Transfers (fee-free between HSBC accounts worldwide) • International account opening before relocation • 24/7 worldwide assistance, emergency cash and card replacement Travel & Lifestyle Benefits: • HSBC Premier Mastercard with 1.5 reward points per $1 spent • Up to 11,000 bonus reward points for new cardholders • Global concierge services (travel, dining, entertainment) • Travel assistance services (medical/legal help, lost luggage tracking) • MasterRental™ car rental insurance (up to $75,000 coverage) • MasterAssist™ Plus for medical and emergency expense reimbursements Wealth Management & Financial Planning: • Access to dedicated wealth specialists • Preferential rates on loans, mortgages, and savings • Future Planner tool for financial goal setting Health & Wellness Services: • Online health services including virtual GP and mental health support • Second medical opinions available through digital services • Cancer bereavement cover (UK-specific benefit) Exclusive Offers & Discounts: • Up to 5% instant cashback on Apple products • Over 50% off mixed wine cases with Virgin Wines • Dining offers like champagne deals and discounts on Brompton bikes

RobertLeRoyParker

This might work. Gold could easily tank,  For people that like to think about the big picture, JP Morgan has taken custody of almost all the gold in GLD from HSBC since 2022. Why would they do that? Is it a profitable business to custodian gold bars?

needfinanchelpplsty

So glad I went all in on HSBC stonk - up £25k already 🤑 knew the 🥭 would have to fold to Gyna at some point

uibrethen99

I personally invest in GLDM. Both track gold, but GLDM has a lower expense ratio and uses ICBC and HSBC as custodians I believe vs just one for GLD.

lOo_ol

You have several options: 1- Currency ETFs like FXF 2- Trade on the Forex 3- Open an account with a Swiss bank (can be legally difficult for Americans, due to regulations) 4- Open an account with a domestic bank denominated in CHF (I think HSBC offers that service) 5- Buy the currency at your local exchange bureau

No_Feeling920

The way it "owns" the gold is very secretive, it uses some undisclosed vaults without open records of ownership. It is supposedly regulated, supervised and audited, but nobody knows how reliable the value inside will be in case of a major banking sector turmoil (the custodian HSBC going down, for example). Do those vaults hold gold exclusively for GLD or is it some kind of a shared pool, some of which may be (re)hypothecated, possibly with multiple claims? [https://www.forbes.com/sites/afontevecchia/2011/11/15/is-gld-really-as-good-as-gold/](https://www.forbes.com/sites/afontevecchia/2011/11/15/is-gld-really-as-good-as-gold/) It should be relatively safe, though. Unless we get some beyond-2008 catastrophic scenario.

Extreme_Marketing865

Even so, ftse index 100/250 is terrible. You are better investing in specific companies. Shell, Bunzl, RR, previously BP, Barlcays/HSBC. Games workshop was good as well.

harrywrinkleyballs

I’m of the opinion it’s not China, Japan, Canada or any other country selling treasury bonds… yet. It’s the hedge fund basis trade that’s causing the rate to spike. We’re headed for a revisit of the early eighties when mortgage rates were >18%. It’s okay, been there before. I had a Yamaha/Kawasaki franchise in Seattle then. Guess who financed most of the bikes: Household Finance. HSBC for you kids. And all of my inventory was floored with Deutsche Bank. No reason to worry./s

sbrick89

So I looked into that... any bank account held outside the US must be reported with an FBAR form (spouse depends but possibly spouse as well) or risk a fine up to $10k per something. Also, as a non USD currency, its be subject to taxes just like a stock investment. HSBC offers that capability... their checking accounts can have the "global money" feature enabled, which allows setting the default currency (same idea as core position)... AUD, CAD, EURO, USD, and a few others. So i don't think you'd be able to stop the govt from trying to take your account balance from them, if they simply go directly to the bank. A handful of tickers can represent the exchange rates... FXA, FXE, FXY, etc....but that assumes your brokerage/ IRA account is safe. Alternatively, physical assets like gold, or maybe crypto (if you can use it) might work. In theory cash out early, but I agree I'd want to avoid USD

CheckClassic6674

Just minutes ago HSBC Chief Multi-Asset Strategist on Bloomberg TV says it's not too late, fwiw. I am long gold and adding.

torqueing

Barclays, Natwest, Lloyds (maybe) and Rolls Royce on the FTSE. Leaving HSBC and any Chinese stocks

LiberalAspergers

HSBC does some US business, but wouldnt currently be affected by tariffs.

JoJo_Embiid

it's really not that important . Export to the US is like 2-3% of the GDP of China, even if you cut it in half, it impacts the GDP by 1-2%. CCP is not gonna collapse if they missed the GDP target by 1 or 2% so they likely won't give a f. Also, most hang sang listed companies have little business in the US especially the large caps. For example Tencent can be totally banned in the US and they won't care. The top large caps in hangsang are BABA, Tencent, HSBC, Meituan, xiaomi, BYD, china mobile, ICBC, CCB, AIA, HKEX. None of them have meaningful business in the US (except BABA may have a small aliexpress business that contributes a tiny of the profit). For Japan I guess people are just betting a deal will be made soon

BosSF82

"The chief executives of some of the world’s biggest banks have reportedly held private talks about the carnage in financial markets and the global economy precipitated by President Donald Trump’s new tariffs. Sky News has learnt that bosses from lenders including Bank of America, Barclays, Citi and HSBC Holdings held a call on Sunday to discuss the ongoing chaos as plunging equity markets reflect fears of a worldwide recession."

Throwaway1999993356

I have all my money in HSBC stock. Shall I pull out? I’m down 400k from a few weeks ago

DiceKnight

They might not have to do anything for their market to crash. The Hang Seng dropped 10.6%. That's going to trigger systemic risk management AKA automatic systems to dump stock. It's a panic button. The pressure will spread through HSBC to London Banks and European Financial systems. Asia's market crash is going to be Europe's in a few hours and then circle back to the US.

Vronx_

I am a relatively new investor. I started investing in Late October 2024. I opted for something simple but diversified and decided to invest in the Index fund HSBC All World Index Class (C) Accumulation GBP. As I am quite new to Investing this is the first time I have seen the market consistently dipping. Whilst I'm aware that drops in the market are fairly normal I wanted to know if I need to change my approach in terms of, Do I stop adding money until markets become stable? Or, Do I invest even more aggresively due to lower prices? Or is there a different balance? Basically what does a typical investor do? I'm 19 if that matters

Atuk-77

Puts on HSBC

sirkarmalots

HSBC is lucky they’re not an American company. Free speech still ok for them

chna6125

I completely trust Cathie Wood and her TSLA price target of $3000. HSBC and yall are frauds

-Stoic-

We the regards don't need HSBC advice to load up on tesler puts 

TedBob99

I don't believe 99% of the collapse of sales is due to the upcoming model Y, sorry. Yes, it's surely a factor, but there is a lot of negative sentiment about the brand and its CEO too. Lots of people don't want to be seen driving a Tesla. Forbes had an article yesterday about all the obstacles Tesla is facing. HSBC has revised its target price for the stock to 50% of the current price. Those are not random sources.

Overall-Double3948

* Tesla sales dropping around the world * Elon Musk Warns Tesla Won’t Escape ‘Unscathed’ From Trump’s New Tariffs * banks like HSBC, Wells Fargo cutting price targets on Tesla dumb Tesla bulls: zOOm OuT

ObviousForeshadow

HSBC is china bank and hates America, of course they would lie with a fake valuation.

Disastrous-Muffin743

\> HSBC downgrades TSLA from 180 to 135. \> TSLA randomly up 5.6% Guys it's not even reverse WSB anymore, but reverse institutions. We made it. We regarded wall street.

smoop86

For those who logged in now, TSLA was downgraded by HSBC to $135. Previous such downgrade few weeks back caused a -15% drop.

Gelomaniac

HSBC charged with Terrorism

dasboot523

If only HSBC had TSLA as a buy then reduced price target to $135 instead they had it as a sell with a target of $165 and just now reduced it to $135. The cult members will just say HSBC is a bunch of woke libtards and keep buying.

Advanced_Structure21

HSBC must be a bunch of socialists

smoop86

The last downgrade news brought down TSLA by -15% on a single day few weeks back. Will it repeat today due to HSBC’s $135 target?

smoop86

First major downgrade for TSLA to $135 from HSBC. Fanboys are melting about it on Twitter lol

Thumbszilla

[HSBC’s new price target sees 50% downside risk in Tesla stock ](https://www.investing.com/news/stock-market-news/hsbcs-new-price-target-sees-50-downside-risk-in-tesla-stock-3951358)

Euphoric-Magazine300

TSLA huge downgrade by HSBC today. From $185 to $135!!!

StocksStormTrooper

Looks like TSLA will get screwed to the hilt, Musk said significant impact to tariffs-parts from China, plus two price target cuts from HSBC $165 to $130, and DaiwaCapital Markets $420 to $300.

SouthEndBC

I’m buying good companies that are down 10-30%. Bought NVDA, MU, TSM, SOFI, HSBC, BX, APO, and KKR in the past couple of weeks. Also bought VGT and VOOG today - at relatively low prices.

DheeradjS

There is always Bank of America if even HSBC won't touch you.

Synaps4

If HSBC and Robinhood wont touch it, theres alwas Deutsche Bank!

red_nick

Ironically, I think HSBC is now stricter than everyone else due to that...

NorCalAthlete

HSBC won’t have any issue with it lol

5349

VTWAX is a US mutual fund which you can't buy. The UK equivalent would be the Vanguard FTSE Global All Cap fund. Whether you buy an unhedged fund with USD or GBP, your return will be the same. On most UK platforms you can only buy the GBP ticker of ETFs anyway. The Vanguard FTSE Global All Cap and HSBC FTSE All-World funds are unhedged, their base currency is GBP.

MindMugging

I think that gbp funds is better because forex gain/loss can get really volatile. HSBC funds may be implement currency hedging to the fund itself if it’s buying other currencies, so fund owners are too affected by effects of forex.

Tashi_x2020

All three are solid, just gotta start. If you want more diversification, go for Vanguard or HSBC. Fidelity’s cool too, but it's more focused on developed countries. In 20-30 years, the difference will be small, so just invest and don’t stress

MindMugging

- Vanguard and HSBC would mostly likely be the closest since they are tracking the same benchmark. - HSBC is in GBP so there is the effect of currency return difference between them. Fund could make 0.5% but then lose 1% on exchange rate return. Overall they’re essentially the same. I’d expect correlation between them to be close to 1.0.

CodSoggy7238

In Germany it's quite hard as a normal person to trade with options. They say the common man is too stupid to be trusted with this. So most people can only buy derivatives. This one is an HSBC open end turbo. You would have to read the product info of the bank to know how it works exactly

Intrepid_Doubt_6602

I thought about buying HSBC next month.

Interesting_Low737

Oh, I am well aware but perhaps the economy is finally picking up after the Tory shitshow, at least in the long-term. Plus, returns since last year have been pretty good, especially for banks, up massively on HSBC and Barclays since last year.

BigCyanDinosaur

I got cooked on HSBC puts fuck 

te7037

My friend's husband appreciates my advice on Rolls Royce, HSBC and BABA.

Spacemint_rhino

Banks are doing well, growth + dividends (HSBC, Lloyds etc). B&M discount retail chain is nearly at an all time low with CEO leaving recently but is primed to do very well (always does in recessions), is. Massively expanding the amount of stores across UK and France.

UnwittingCapitalist

HSBC doing their best to become fossils. Let's help them go extinct

Servichay

Fuck HSBC

RollingMeteors

**HSBC Says It’s Time to End ‘Negative Bias’ Toward Kicking Leaded Slave Puppies**

discreetyeg

next up: # HSBC Says It's Time to End 'Negative Bias' Toward Kicking Puppies # HSBC Says It's Time to End 'Negative Bias' Toward Lead in Gasoline # HSBC Says It's Time to End 'Negative Bias' Toward Slavery # # #

DiceHK

The guys at HSBC were knowingly laundering money for Mexican drug cartels. No surprise here. They’re evil.

CDubGma2835

HSBC - the global bank that has been involved in money laundering, tax evasion, and manipulation of currency for DECADES??? Say it isn’t so …

kerouak

We will blame each and every one of them. It's HSBC turn now, name a few others and I'll gladly do you a comment that says "fuck x" to balance it out if it makes you more comfortable.

_Administrator_

“Net zero is fast losing support in key corners of global finance. In North America, the biggest banks have all pulled out of the industry’s largest net zero alliance.” But sure, let’s blame HSBC for following the trend.

ace_alive

I bought it some time ago. I use and like their products and they are upscaling the car business quickly to reach profitabilty there eventually. I think however, the stock has gotten a bit hyped at the moment. I would not buy it at this valuation, but that‘s just me. I bought it as a long term investment in a company that makes lots of different products and those have quality. A pretty traditional buy for me, I like such investments. I have a tire pump , a smart watch, a robotic vaccum cleaner and a smartphone from Xiaomi and my interest in the stock came pretty much from being very satisfield with the products they make. I also got an overall investor friendly vibe from going through their ir materials. I mention this because it seems to me a bit that Chinese companies imo sometimes lack in this regard. I am happy with this one. I mainly invest in the HSBC Hang Seng Tech UCITS ETF when it comes to China. It has 39 ev and tech stocks. But I also have separate positions in all their car stocks. Geely, BYD, Dongfeng, Xpeng, Li Auto, Nio, Sinotruck. Not really counting Xiaomi as a car company. But lots of growth potential for Chinese EV makers worldwide over time while the traditional car maker‘s piece of the pie will be shrinking.

taffy_laffy

i'm an analyst for HSBC

BigCyanDinosaur

Banks are gonna crash this week..UBS and HSBC looking like they'll take it the hardest.

te7037

Save up to $10K and put it aside for the 45 years with a $100 monthly top up. That's your guaranteed pension. Buy a S&P500 index. Or, a bank share that pays a good dividend. Banking sector is the only sector that have the licence to make money. Banks that operate in both USA and outside the US, preferably, South East Asia where the investment banking sector is projected to grow between 10% to 20% in the next five years. Standard Chartered or HSBC. Always look at the pipeline or the projected growth for the next five years in the sector before buying a share. Banks don't really have to deal with import/ export tariffs.

PollenBasket

Been averaging down what I hold and buying Europe/China: VGK EUAD HSBC XPEV BYDDY

Smaxter84

It makes less profit than HSBC bank.... So it needs to drop a lot more...

fre-ddo

Over the last month or so I've exited most of my main ones I'm now left with VOO equivalent (which is now only 0.5% up from last October), the ones I hoped would power through were cybersecurity as it's so widespread and more and more relevant. They tanked recently.. Has left me with a bank (HSBC) and ASTS in green. The year of the bear has begun.

ctyldsley

Rather than the S&P500 I'd recommend a global index fund e.g HSBC FTSE All-World or many of the alternatives. With the current uncertainty it helps spreading yourself worldwide rather than being US dependent. Others might have different opinions on that but, and ultimately it's a crystal ball but feels like the safest option.

Plus_Seesaw2023

Go check WFC JPM C HSBC Société Générale BNP Paribas in the next weeks

fre-ddo

It's a bit expensive though compared to BARC which had 16% in January and is in the UK so that's pretty good considering the state of the economy. I have HSBC which did 12% in January and is even better value at p882, but low dividends. DBS could have good future proof though.

YallaHammer

Right now I’m leaning towards Citibank. I checked r/expat and they don’t think highly of HSBC. Citibank offers a variety of international currency accounts, including Global Foreign Currency Accounts, International Payment Accounts, and Citigold International Account Packages. These accounts allow you to manage multiple currencies, make international purchases, and more. Account types: Global Foreign Currency Account: Allows you to manage transactions in multiple currencies, including the US dollar, Euro, and Japanese Yen International Payment Account (IPA): A nonresident bank account that helps manage foreign currency balances and flows Citigold International Account Package: An international account package that’s part of a banking package

Ok_Visual_2571

I guess we can agree to disagree. When I was in business school getting a finance degree in the late eighties the professors in the late eighties preached about making foreign 10 to 15% of an efficient portfolio. Much has changed since I got my degree in 1991. 1. You don't need foreign funds for foreign exposure. Apple, Google, Amazon... etc are all US companies operating worldwide. 2. The third world is not catching up. The conventional wisdom was if 80% of Americans drive cars and only 10% of folks in Africa drive cars, invest in companies that do business in the third world that is bound to catch up. That did not materialize. 3. Look at the companies you get in a foreign large-cap fund. Toyota, Nestle, Roche, Shell, HSBC, with the exception to Taiwan Semiconductor... the MegaCap foreign stocks are not setting the world on fire. 4. The best and the brightest come to the USA. If you are the top software engineer in the E.U. and you want to make it big, you head to Silicon Valley. 5. The US dollar is strong and gaining on Euros. 6. China's stock market lacks robust regulation to protect shareholders. Most Russian stocks went to zero after the Ukraine invasion. These are risks not present in the S&P 500. 7. The default investment choice of so many investors is S&P 500 (go check AUM for VOO), that there is a tailwind behind S&P that will continue. A company joins the S&P 500 and its stock climbs because every S&P index fund now buys it. The maxim of adding foreign and reversion to a mean that ignores all of the above is wrong and outdated. Foreign will continue to lag. The free throw analogy fails. If you went to Vegas and watched a roulette while land on black 20 times in a row would you conclude the chance of the next roll landing on red is 50/50 or would you conclude the machine is rigged, broken or otherwise messed up. Foreign did not just lose for a year or two. It did not lose by a small amount. It got consistently crushed because the companies the a foreign stock fund holds are weaker companies growing slower than the underlying companies in the S&P 500. If the S&P 500 fund has Michael Jordan throwing free throws, and VGTSX has one-armed Ivan throwing free throws, I am betting on S&P.

sportingpool

*The amount in 2024 includes a $1.0bn loss on disposal and a $5.2bn loss on the recycling in foreign currency translation reserve losses and other reserves arising on sale of our business in Argentina.* HSBC annual report today. within this 5bn "recycling" charge that as intended nobody even remotely understands the investment bankers "recycled" some their bets. investment banking means heaping trash upon trash, and as long inflation is constantly up, it never has any consequences. and this is still the main reason for inflation: keep the banks solvent, and the investment bankers rich. truly great companies dont need inflation, but all banks are immediately gone without it

te7037

JP Morgan shares are a good buy. Look for companies with good governance so that management won't screw things up. I have HSBCA and RR.L are my biggest holdings besides BABA, NVDA, SMCI, GOOGL, GRAB, MKS, EZJ, RKLB, RPI, BARC, CPI, and OCDO. The worst performers are OCDO, CPI and EZJ. The best are HSBC, Rolls Royce and SMCI.

buried_lede

I bought VGK and EWUS. I’m not sure how confident I am about EWUS, was just doing the best I could. HSBC sure looks nice but it’s so overbought. I can’t see buying it right now

Any-Video4464

have you tried HSBC or barclays? Look for some with international divisions. There is FACTA compliance to deal with at times, at possibly large deposit minimums to meet, but I would think. Some do have requirements to actually show up at the bank. Might check out Estonian banks also. I think they are easier to deal with but not sure about safety and security in nations like that.

Malifix

Yes AUD. Our fiat is kinda like Canada’s, quite dependent on our mining industry commodities. I rather hold ETFs. But we do have a few banks which allow you to hold other currency eg Euro like HSBC which allows you to hold: USD, GBP, EUR, HKD, CAD, JPY, NZD, SGD, and CNY.

DJSlaz

Not surprising. It is absolutely legal for you to do this, but it’s only at the bank’s discretion. The foreign bank legal and reporting requirements are extensive and many banks don’t want the hassle. You might wish to park funds out of the US, but that doesn’t mean that those funds and accounts remain invisible to the US banking authorities. That being said, if you have enough money, look into opening an account at a private bank, in the Caymans, London, Lichtenstein, or elsewhere. Actually, many US private banks allow an individual to open up an offshore account. Another option would be to look at a truly global bank like HSBC and ask them about your options.

Straight_Turnip7056

Such is life.. a year ago, I was laughed at, for getting a banking ETF (not just US banks, but all European trash like SocGen, ABN Amro, and HSBC too). Who's laughing now? 🤣

Weary-Damage-4644

Am confused, Vanguard upped the minimum monthly platform fee, nothing to do with fund costs. So whatever platform you are using to buy the HSBC FTSE All-World Index Fund, you could also use to buy the Vanguard FTSE Global All Cap Index Fund.

himynameis_

I asked gemini for a list. **Amazon Web Services (AWS)** AWS is often considered the most mature and widely adopted cloud platform, so they have a huge customer base. Here are some examples across different industries: Streaming & Entertainment: Netflix: Heavily reliant on AWS for its global streaming infrastructure, content delivery, and massive scale. Disney+: Built on AWS to handle the massive launch and ongoing streaming demands. ESPN: Uses AWS for various services, including streaming and data analytics. Social Media & Communication: Twitter: Migrated significant parts of its infrastructure to AWS. Snapchat: Uses AWS for parts of its infrastructure, particularly compute and storage. Retail & E-commerce: Amazon.com (obviously!): AWS is literally the infrastructure that powers Amazon's retail arm and so much more. McDonald's: Uses AWS for digital transformation initiatives, including mobile apps and data analytics. Expedia: Relies on AWS for its travel platform and global operations. Financial Services: Capital One: A large financial institution using AWS for innovation and agility. JPMorgan Chase: Uses AWS for various workloads, including application development and data analytics. Automotive: BMW: Leverages AWS for connected car platforms and data analysis. Gaming: Epic Games (Fortnite): Uses AWS for game infrastructure and backend services. Riot Games (League of Legends): Uses AWS for its global game operations. Other Big Names: Adobe: Uses AWS for some of its cloud services and infrastructure. Airbnb: Relies on AWS for its global platform and services. Unilever: A massive consumer goods company using AWS for various applications. **Microsoft Azure** Azure is strong in the enterprise space, often favored by companies already invested in the Microsoft ecosystem. Enterprise & Corporate: Walmart: Uses Azure for various cloud initiatives, including e-commerce and data analytics. FedEx: Leverages Azure for logistics and operational improvements. HSBC: A global bank using Azure for cloud transformation and innovation. Automotive: BMW: (Again, many companies are multi-cloud!) Also uses Azure for specific automotive solutions. Ford: Uses Azure for connected vehicles and data-driven services. Healthcare & Pharma: Johnson & Johnson: Uses Azure for various applications, including healthcare solutions and data management. Government & Public Sector: U.S. Department of Defense (DoD): Has significant contracts with Azure for cloud services. Many state and local governments: Azure is often chosen for government cloud initiatives due to compliance and security features. Gaming: Xbox (Microsoft Gaming): Azure is the backbone for Xbox Live and cloud gaming services. Other Big Names: AT&T: Uses Azure for network modernization and cloud transformation. Accenture: A consulting giant that partners heavily with Azure and uses it internally. KPMG: Another large consulting firm that uses Azure for its own operations and client solutions. **Google Cloud Platform (GCP)** GCP is known for its strengths in data analytics, machine learning, and Kubernetes, often attracting companies with data-intensive workloads and developer-centric cultures. Data & Analytics Focused: Home Depot: Uses GCP for data analytics and improving customer experiences. Target: Leverages GCP for data analytics and supply chain optimization. Best Buy: Uses GCP for data analytics and personalization. Social Media & Communication: Snapchat: (Again, multi-cloud!) Also uses GCP, particularly for data analytics and machine learning. Twitter: (Multi-cloud!) Also uses GCP for some infrastructure and data processing. Retail & E-commerce: Dominos: Uses GCP for its digital transformation and online ordering platforms. Financial Services: HSBC: (Yes, multi-cloud again!) Also uses GCP for specific workloads, often data-related. Gaming: Niantic (Pokémon Go): Built on GCP to handle the massive scale of Pokémon Go. Supercell (Clash of Clans, Brawl Stars): Uses GCP for its game infrastructure. Other Big Names: Spotify: Uses GCP for its massive data infrastructure and recommendations engine. Salesforce: Uses GCP as a preferred public cloud provider and for some of its infrastructure. Adobe: (Multi-cloud!) Also uses GCP for certain cloud services. Waymo (Self-driving cars): Uses GCP for the massive data processing and machine learning required for autonomous driving.