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HSBC has been in the news 563% more than usual

Dec 20, 2024, 9:31 PM
4.88%
What does HSBC do
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HSBC has been in the news recently: HSBC Bank USA, N.A. has reduced its prime and reference rate from 7.75% to 7.50%, effective December 19, 2024. Additionally, HSBC Continental Europe has signed a memorandum of understanding to potentially sell its life insurance business, HSBC Assurances Vie (France), to Matmut for 925 million euros.
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