|Bid||47.750 x 0|
|Ask||47.800 x 0|
|Day's range||47.650 - 48.300|
|52-week range||27.500 - 49.500|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||20.46|
|Forward dividend & yield||1.17 (2.41%)|
|Ex-dividend date||11 Mar 2021|
|1y target est||10.07|
Continuing with its efforts to tap the Asia markets, HSBC is on track to hire more than 1,000 wealth managers in the region.
Shares in the bank slumped on the news. The sale was done at a price 5% below where NatWest was trading at the end of last week.
HSBC is piloting Zoom-free Friday afternoons for some of its staff as it becomes the latest major UK business to tackle working from home fatigue and burnout during the pandemic. Sources said that HSBC’s UK bank is testing out the idea as part of a taskforce looking at the future of work for employees. If the idea goes ahead then it would mirror steps already taken by Wall Street firms to combat the blurring of lines between home and work as a result of lockdowns. Citigroup banned Zoom meetings on Fridays earlier this year after its chief executive Jane Fraser said it had become “apparent we need to combat the ‘Zoom fatigue’ that many of us feel”. She also announced a company-wide holiday on May 28 to avoid the risk of burnout during the pandemic. A decision is expected to be made in the coming weeks and could see HSBC join the raft of UK companies to introduce “meeting amnesties” to tackle burnout.