In a dynamic move to cater to evolving consumer demands, UK retailer Marks and Spencer (M&S) has cemented a new seven-year partnership with NYSE:HSBC UK, aimed at revolutionizing the credit and digital payment landscape through its banking arm, M&S Bank.
The collaboration signifies a strategic shift for M&S, which made the bold decision to streamline its focus...
I find the chart on HSBC interesting. Last year, we witnessed the market break a significant downtrend that had been in place since 2007. Currently, it appears we are on the verge of completing a symmetrical triangle pattern. Considering the market's support from its 200-week moving average and the weekly cloud, and taking into account the previously broken...
HSBC is introducing a venture debt offering in Australia to help scale-up companies that might otherwise struggle to attract more traditional forms of funding to achieve new growth.
Launching this month, the bank has allocated $150 million (AUD 227 million) to lend between $6.6 million and $19.8 million to late stage venture capital-backed companies operating in...
It is at the key area and the meanwhile in a rising wedge formation, which needs to correct. From the macro side banking are prety bad at the moment all the banks are falling or at the key area.
We have the strongest form of Double PPO Confirmation on the Daily and a weaker form on the Weekly, all at the PCZ of a Bearish Bat; if it performs it will very likely begin a severe decline of up to 62%+ especially due to how much exposure it has to chinese Real Estate.
HSBC pulled back along with other financials in March. It played a role in the crisis by absorbing Silicon Valley Bank’s British operations, and now the global bank could be drifting to new highs.
The first pattern on today’s chart is the rally between November and February. HSBC retraced almost exactly half that move the subsequent month before bouncing.
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