HSBC HSBC Holdings plc

$HSBC huge overreaction. Selling off because it is modernising and driving efficiencies and cost savings with AI? Surely that’s bullish

HSBC has moved an upcoming board meeting from Dubai to London due to security concerns linked to the ongoing conflict involving Iran, the Financial Times reported Wednesday. The bank’s board members will now meet in London later this month instead of Dubai, according to people familiar with the matter cited by the FT. The meeting had originally been scheduled to take place in Dubai, where HSBC maintains a major regional presence. The decision reflects heightened security concerns across the Gulf as tensions between the U.S. and Iran remain elevated. The prolonged standoff has raised the possibility of further military action and increased uncertainty for businesses operating in the region. Although Iran has not directly attacked the United Arab Emirates since May, regional tensions remain high. The relocation of HSBC’s board meeting underscores the broader security considerations facing international companies with significant operations and personnel in the Middle East. $HSBC

Moody’s Ratings affirmed HSBC Holdings’ A3 senior unsecured debt rating on Friday and raised its outlook to positive from stable. It also confirmed ratings for HSBC UK Bank, HSBC Bank and HSBC Continental Europe, raising their outlooks to positive. Moody’s upgraded the Baseline Credit Assessment of HSBC Bank and HSBC Continental Europe to baa2 from baa3, citing stronger underlying profitability, continued business simplification, and solid capital, funding and liquidity metrics. It expects HSBC Bank to generate about £2 billion in pretax profit in 2026. The positive outlook on HSBC Holdings reflects a strengthening and more resilient credit profile, supported by sustained earnings, strong execution, reduced downside risks from Hong Kong commercial real estate, and solid liquidity and funding. Moody’s expects problem loans to converge toward about 2% of gross loans. $HSBC $MCO

$HSBC This bank is a monster. A hulking, 350 billion dollar carnivorous monster. I own this salivating beast and keep on adding its vicious shares to my primordial portfolio of financial predators. Love it.