HSBC is looking to streamline its operations by divesting its German fund administration and custody units, attracting interest from major financial players. This move aligns with HSBC's broader strategy to enhance efficiency by focusing on core growth areas. The competitive bidding process is expected to conclude by the financial year's end.
HDFC Bank's stock garners significant investor interest due to potential inflow surge from the MSCI India Index's anticipated weight doubling. This could lead to $3.5-4 billion inflows, boosting the stock's liquidity and attractiveness.
On 21 June 2024, Jio Financial Services' stock price rose by 1.73%, reflecting robust investor confidence and positive market sentiment. This live blog provides insights and analysis on the stock's upward trajectory, technical indicators, and contributing factors to help investors make informed decisions.
Deutsche Bank plans to acquire €1.7 billion in aviation loans from NordLB, aiming to strengthen its aviation finance portfolio amidst the sector's recovery. The acquisition is part of Deutsche Bank's strategy to leverage opportunities in the recovering aviation sector while NordLB aims to improve financial stability by reducing exposure to aviation loans.
HDFC Bank's share price saw a 1.05% rise on 18 Jun 2024, opening at ₹1582.05 and closing at ₹1580.9 per share. The stock's positive performance indicates bullish sentiment among investors.
