HBC - Quotes - International Business Times

Banks' trading profits dropped 84 percent in 1Q

(WASHINGTON)U.S. banks' trading profits fell 84 percent in the first quarter as they continued to be slammed by losses on mortgage-linked securities and other complex financial instruments.READ MORE

Jul 03, 2008 11:36AM

Keywords: JPM, BAC, WB, HBC

Credit scores hit by card limits

(NEW YORK)Just as Americans grow more reliant on credit cards to help pay monthly bills, they're being hit with a one-two punch: Card companies are reducing borrowing limits for tens of ...READ MORE

Jun 28, 2008 6:56AM

Keywords: AXP, MA, V, C, BAC, COF, JPM, WM, HBC, WFC

UBS shares rise 4.3 percent on takeover rumors

(ZURICH, Switzerland)Shares in UBS AG rose by up to 4.3 percent Tuesday on rumors of a possible takeover of the Swiss bank and the announcement it is buying a Dutch wealth management company.READ MORE

Jun 24, 2008 2:22PM

Keywords: UBS, HBC

HSBC spent $660K lobbying on finance rules in 1Q

(WASHINGTON)The U.S. subsidiary of British financial conglomerate HSBC Holdings PLC spent $660,00 in the first quarter lobbying on mortgage lending and credit card rules, according to a recent...READ MORE

Jun 23, 2008 10:06AM

Keywords: HBC

ADRs in Focus: European bank stocks slide

(NEW YORK)U.S. shares of European banks fell Wednesday as a raft of news pressured the financial sector. On Wednesday, Morgan Stanley reported a 61-percent decrease in its fiscal second-quar...READ MORE

Jun 18, 2008 3:55PM

Keywords: MS, FITB, MF, CS, DB, UBS, HBC, CRP, IRE, BCS, LYG

Global Payments, HSBC to launch joint venture

(ATLANTA)Global Payments Inc., a provider of electronic payment processing services, said Tuesday it will create a joint venture with HSBC Bank PLC. The new venture, called HSBC Merchant Se...READ MORE

Jun 17, 2008 8:50AM

Keywords: GPN, HBC

BlackRock exec: Lehman doesn't need outside investor

(NEW YORK)BlackRock Inc. President Robert Kapito said Friday he's confident of the asset manager's stake in Lehman Brothers and doesn't believe the investment bank needs a buyer ...READ MORE

Jun 13, 2008 2:32PM

Keywords: BLK, HBC, MERPO