Finance
BBG AMER FINANCIAL IX 3 Month Change
| Day's Change | ||
| BBG AMER FINANCIAL IX | 0.790 | 0.845% |
| The Bloomberg World Americas Financial Index is a capitalization weighted index.The parent index is BWRLDUS1. | ||
Finance News
HSBC Targets Cost Reduction of $2.5 Billion to $3.5 Billion
HSBC Holdings Plc, Europe’s biggest bank by market value, said it will target cost cuts of $2.5 billion to $3.5 billion to reach a savings goal by 2013.
Mortgage Accord Said to Be Revised as Banks, States Balk
U.S. states probing foreclosure practices revised a nationwide settlement proposal after banks and eight Republican attorneys general objected to mortgage loan principal cuts, two people familiar with the talks said.