Europes largest bank, is reportedly exploring the outsourcing of parts of its fixed-income trading operations to reduce rising technology expenses. According to a Bloomberg report ...

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Alibaba Chair Tsai warns of AI data center bubble

Investing.com-- Alibaba (NYSE: BABA) Chair Joseph Tsai warned of a growing potential bubble in datacenter construction for the artificial intelligence industry, in that the pace of new infrastructure ...

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HSBC weighs outsourcing some trading business to cut costs – Bloomberg

Investing.com-- HSBC Holdings PLC (LON: HSBA) is considering outsourcing parts of its fixed-income trading operations as it grapples with the rising costs of technology investments needed to compete ...

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HSBC contemplates outsourcing part of trading business to reduce costs - Bloomberg

The bank is open to partnering with firms such as Citadel Securities and Jane Street Group, although the discussions are in the early stages and there’s no guarantee they will result in a deal.

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HSBC (LON:HSBA) Receives “Buy” Rating from Bank of America

Bank of America reissued their buy rating on shares of HSBC (LON:HSBA – Free Report) in a research report report published on Friday morning, MarketBeat reports. The firm currently has a GBX 1,035 ...

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