HSBC (0005) said on Wednesday it had issued US$4.25 billion (HK$33.15 billion) of senior unsecured notes in two tranches maturing in 2032 and 2037. HSBC, Europe's largest bank, issued US$1.75 billion of 5.819 percent fixed-rate/floating-rate senior unsecured notes due 2032. It also issued US…
HSBC (0005), Europe's largest bank, said on Friday it plans to issue US$1.5 billion (HK$11.7 billion) of perpetual subordinated contingent convertible securities to strengthen its capital base and for general corporate purposes. The securities carry a 7.625 percent coupon and will be…
Flamboyant forex trader Raymond Omosa, popularly known as Kenyan Prince, has claimed that buying cars is a minor expense for him, saying he can walk into a car yard and purchase a vehicle whenever he feels like proving that he…
Equity Bank Rwanda has launched EMMA, a digital wallet app that lets users make payments, send and receive money, save towards personal goals and, if eligible, access credit. The platform was introduced at an exclusive soft launch for media and…
Dr George Elombi, President and Chairman of Afreximbank, made the commitment during his address at the Creative Africa Nexus (CANEX) Weekend 2026, with theme “One People, United in Culture, Creating for the World”, on Thursday in Lagos. Elombi said African creatives…
HSBC plans to issue $1.5 billion in perpetual convertible securities with a 7.625% coupon to strengthen its capital base. These securities convert to shares if its key capital ratio falls below 7%. HSBC, Europe’s largest bank, said on Friday it plans to issue…
For low- and middle-income households across sub-Saharan Africa, an unexpected medical emergency is the single most common cause of sudden poverty. Out-of-pocket health expenses deplete working capital, force the distress sale of productive assets, and push micro, small, and medium-sized…
Interactive reads from the businessline desk Anubhav Dayal, founder and director of Soach Global Opportunities Fund When the National Stock Exchange (NSE) launched its initial public offering (IPO), Anubhav Dayal, founder and director of the Mauritius-based Soach Global Opportunities Fund,…
Posted by Danessa Lincoln on Nov 6th, 2026 Champion Iron (TSE:CIA – Free Report) had its price target reduced by Royal Bank Of Canada from C$8.00 to C$4.00 in a research report released on Tuesday,BayStreet reports. They currently have an outperform rating on…
Posted by Mitch Edgeman on Nov 6th, 2026 Imperial Oil (TSE:IMO – Free Report) (NYSEMKT:IMO) had its price objective boosted by TD from C$158.00 to C$164.00 in a research report sent to investors on Tuesday morning,BayStreet reports. The brokerage currently…
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