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0.000226508185691889 0.000672796591163964 -0.000224265530387935 -0.000448531060776029 -0.00156985871271586 -0.00168199147790991 -0.00109665844359729 -0.0017941242431038
Stock impact report

3 Foreign Bank Stocks Worth a Look in a Prospering Industry [Yahoo! Finance]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Yahoo! Finance
While these efforts are expected to result in elevated expenses, they will aid growth in the long run. Moreover, while the uneven economic recovery in developed and emerging nations has been hurting revenue growth for companies within the Zacks Foreign Banks Industry, the current high interest rate environment will continue to provide support. Thus, despite the geopolitical concerns, industry players like HSBC Holdings plc HSBC, Barclays PLC BCS and Deutsche Bank Aktiengesellschaft DB are well-poised to benefit from higher interest rates. About the Industry The Zacks Foreign Banks Industry consists of overseas banks with operations in the United States. Since a foreign banking organization may have federal and state-chartered offices in the country, the Federal Reserve plays a major role in supervising their U.S. operations. In addition to providing a broad range of products and services to customers in the United States, the banks offer financial services to corporate clients h Show less Read more
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