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HSBC Holdings (HBC) [hlAlert]

down 32.83 %

Hsbc Holdings, Plc. (HBC) rated Buy by Deutsche Bank

Posted on: Monday,  Jan 18, 2010  8:25 AM ET by Deutsche Bank

Deutsche Bank rated Buy Hsbc Holdings, Plc. (NYSE: HSBC) on 01/18/2010. Previously Deutsche Bank rated Buy Hsbc Holdings, Plc. (NYSE: HSBC) on
01/15/2010., when the stock price was $58.39. Since then, Hsbc Holdings, Plc. has lost 32.83% as of 08/28/2015's recent price of $39.22.
If you would have followed the previous Deutsche Bank's recommendation on HSBC, you would have lost 32.83% of your investment in 2051 days.

HSBC Holdings plc (HSBC Holdings) is a banking and financial services organization. Its international network comprises over 10,000 properties in 80 countries and territories in Europe; Hong Kong; rest of Asia-Pacific, including the Middle East and Africa, and North America and Latin America. HSBC Holdings together with its subsidiaries (HSBC) provides financial services through four customer groups and global businesses: Personal Financial Services (including consumer finance), Commercial Banking, Global Banking and Markets, and Private Banking. In September 2008, Lehman Brothers sold its entire 2.09% stake in Amtek Auto Ltd. to HSBC Holdings. In September 2008, E*TRADE FINANCIAL Corp. announced that its indirectly wholly owned subsidiary, E*TRADE Mauritius Limited, has completed the sale of 100% of its equity shares in IL&FS Investsmart Limited, to HSBC Holdings. In February 2009, it sold its stake in Modern Asia Environmental Holdings Inc. to Japan's Dowa Eco-system Co.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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