HSBC has written off its holding in British fintech Monese just two years after taking a $35m stake in the firm.

HSBC has written off its remaining stake in Monese, just two years after investing $35m in the British fintech once hailed as ...

HSBC has written off its stake in Monese just two years after investing $35 million in the mobile banking fintech.

HSBC Holdings Plc has written off its stake in software company Monese Ltd., two years after investing $35 million in the UK ...

London-headquartered Monese, which has been backed by HSBC and was reportedly worth more than 1 billion pounds ($1.31 billion) in early 2020, in May split the business into two standalone entities ...

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HSBC Holdings (LSE:HSBA) is navigating a dynamic environment marked by both opportunities and challenges. Recent highlights include a record profit last year and strong first-half performance this ...

HSBC downgraded Oil and Natural Gas Corporation (ONGC) from 'Hold' to 'Reduce' due to concerns over falling oil prices and operational setbacks that have exposed the downside risks to its earnings ...

HSBC also upgraded its FY25-27 EPS estimates by 6 percent to 16 percent, reflecting the RBI's move. However, the brokerage noted that the stock has already rallied 65 percent to 70 percent from ...

Despite concerns related to high restructuring costs, Zacks Foreign Bank industry stocks like HSBC, BCS and DB will benefit from relatively higher rates. HSBC Holdings (LSE:HSBA) is navigating a ...

HSBC Holdings (LSE:HSBA) is navigating a dynamic environment marked by both opportunities and challenges. Recent highlights include a record profit last year and strong first-half performance this ...