HSBC Holdings

Cryptocurrency exchange Binance has suspended deposit and withdrawal services for UK customers using bank transfers and card payments due to the cessation of support for transactions in British pounds by its local banking partner. The company's spokesperson told Bloomberg that the team is...

Detroit-based Benzinga, a media and data provider bridging the gap between retail and institutional investors, sent its team to Switzerland June 2-3, for Crypto Valley. During that time, Benzinga sought to recognize the innovation in digital assets, speaking with founders, investors and beyond...

Markets in Asia and Europe dipped in Tuesday’s trading session as Apple Inc. (NASDAQ: AAPL) became the latest company to downgrade earnings guidance due to the novel coronavirus (COVID-19) outbreak. What Happened Day-to-day activities continue to be disrupted in mainland China with at least...

The British pound posted its best single-day performance in nearly a decade on Tuesday after Prime Minister Theresa May eased some Brexit-related concerns in a speech. Heading into Tuesday's speech, the British pound was trading below $1.20 and was approaching its post-Brexit lows of $1.184. May's...

According to HSBC Holdings head of fixed-income research Steven Major, bond investors shouldn’t be particularly worried about the Brexit or about the possibility of a Donald Trump presidency. But they should be worried. Major believes the Brexit vote is simply the latest event in a story...

Regardless of which U.S. presidential candidate wins the election in November, the U.S. dollar could get hit pretty hard. According to Bloomberg’s Taylor Hall, currency traders are warning of a repeat of 1995, when a trade dispute between the U.S. and Japan sent the dollar tumbling versus the...

On the sidelines of a conference in Asia, Russian Prime Minister Dmitry Medvedev told U.S. President Barack Obama that the sanctions against Russia were hindering the West’s relationship with Moscow. In order for the two to return their communications to calm, productive talks, Medvedev...

The Federal Open Market Committee minutes released on Wednesday surprised investors with a dovish tone and an indication that the bank was not planning to raise interest rates any time soon despite improving U.S. economic data. Instead, the U.S. central bank discussed the potential for weak...

Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money. Bloomberg...

After reaching five-year highs, natural gas retreated more than 10 percent Monday while the major U.S. markets were up sharply. Monday, the Dow gained about 104 points to close at 16,207.14. The S&P was up 0.6 percent, or about 11 points to close at 1,847.61, and the NASDAQ was down 0.7...

The Australian dollar fell to its lowest levels in over two months on Thursday, as a variety of fundamental data pressured the currency. Fed Minutes The minutes the Federal Reserve’s latest meeting released yesterday suggested that a tapering of $85 billion in monthly bond purchases could...