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Sterling Rises, Seen Driven by Risk Sentiment And Dollar

Sterling Rises, Seen Driven by Risk Sentiment And Dollar

0924 GMT - Sterling is mainly driven by risk sentiment and the dollar as another interest rate rise by the Bank of England on May 11 is fully priced in, TD Securities says as GBP/USD rises to. | 07:11am ....

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HSBC stamps out call for structural overhaul

HSBC stamps out call for structural overhaul
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HSBC to grow wealth and personal banking segment in Asia-Pacific

BRITISH lender HSBC Holdings plc is looking to the wealth and personal banking segment in the Asia-Pacific market, including Malaysia, for further growth as rising interest rates have a positive impact on net interest income. “We have quite a deep and strong footprint in this segment and we want to continue to grow and invest in it,” Surendra Rosha, co-chief executive of Asia-Pacific at HSBC, tells The Edge in an interview. ....

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