Posts tagged: HSBC

Bears circle HSBC - Part 2

Friday, 9 April 2021, 8:22 pm

For those of you who read Betaville's recent story about HSBC and began thinking about switching bank (I have to admit I was one of them) you can rest easy - for now.

According to people following the bear tale, there isn't much of a tale after all despite some rather fruity allegations being aired.

So, that's one bank the market doesn't have to worry about for the moment.

Meanwhile, over at Credit Suisse.....

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Bears circle HSBC

Wednesday, 31 March 2021, 10:55 pm

There is talk in the market of a bear story brewing in HSBC.

Quite what the details are of the story remain to be seen. In fact, so far Betaville has failed to unearth any details or real facts despite trying from the confines of my office (also known as my flat).

Some banks, such as Credit Suisse, that had exposure to Bill Hwang's hedge fund Archegos have seen their share prices hit following losses, so perhaps this bear story is connected to that?..

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HSBC's hedgie leaders and laggards: Saba Capital tops the leaderboard; Lansdowne Princay Fund is Europe's worst performer

Thursday, 26 March 2020, 10:10 pm

Ping! HSBC's HedgeWeekly publication arrives with the performance figures of Europe's best and worst performing hedge funds.

Now, given Crispin Odey has been a big bear since 2015 and this weekend the old buffer told Betaville he had made £115 million in March you might expect his flagship fund to be the best performer...

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Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ... - Part 6

Saturday, 29 February 2020, 9:33 am

It's been a torrid week for global stock markets but have a guess at which company was the best performing stock in the FTSE 100?

Yes, it was the gulf-based hospital operator Muddy Waters loves to hate: NMC Health.

According to Bloomberg data, NMC Health's shares were up 9.73pc on the week, making it the best performing stock in the blue chip index. HSBC was the second best performer, losing 4pc on the week...

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Why is Moelis & Co the sole adviser to the Hong Kong exchange on its £32 billion bid for the LSE? - Part 4

Tuesday, 8 October 2019, 7:32 am

The Hong Kong exchange did manage to drum up some other advisers alongside Moelis to join its bid for London Stock Exchange (HSBC and UBS) but in the end it was too late. Yes, this morning the Asian exchange said it is pulling out - quelle surprise. Below is the link to the company's statement:..

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Sports pages...

Friday, 29 March 2019, 9:15 am

Ping! An email arrives with what hedgies dub the "sports pages".

These "sports pages" are also known as HSBC's Hedge Weekly, which is a performance review of European hedge funds.

Last year, charming Crispin Odey - a leading City Brexiteer who runs Odey Asset Management - topped the leaderboard but this year it seems to be populated by a bunch of funds nobody has ever heard of, such as Muirfield GSE Partners, Golden China Fund and Tonga Partners...

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Is the tide turning for Odey the Brexiteer? - part 34

Wednesday, 15 August 2018, 8:35 pm

There is more good news for Crispin Odey in the latest HSBC hedge fund index rankings.

Odey's flaghsip fund is up almost 26pc year to date and currently tops the HSBC leaderboard for the best performing European hedge funds.

That's quite the turnaround for the contrarian hedgie, who Betaville understands has been holidaying in Provence, the South of France over the last few weeks...

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The ailing marketing communications giant, the Vampire Squid and the mandate...

Wednesday, 20 June 2018, 9:25 pm

It has been brought to Betaville's attention that Investment bankers are all over WPP chairman Roberto Quarta, angling for permanent mandate as the company's financial advisor.

And you can see why corporate financiers are aggresively targeting the marketing services group set up by Sir Martin Sorrell in 1985...

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