HSBC Sets Aside $378M For Forex Probe

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(Reuters) – HSBC Holdings missed expectations with a 12 percent drop in underlying third-quarter earnings and set aside $378 million (236.29 million pounds) to cover a potential fine from the UK regulator for alleged manipulation of currency markets. Europe’s largest bank blamed higher costs, up 6 percent, for the slide in earnings. In addition to the…

HSBC Sets Aside $378M For Forex Probe

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ValueWalk’s June 2022 Hedge Fund Update: Tiger Global’s Losses Total 44% In 2022

investWelcome to our latest issue of issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Tiger Global's losses total 44% in 2022, Allianz Global's $5.8bn SEC settlement, and commodity funds draw in cash. Q1 2022 hedge fund Read More

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