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Investing.com-- HSBC Holdings (LON:HSBA) is planning sweeping job cuts in its UK wealth management business as it seeks to use artificial intelligence to serve wealthy clients more efficiently, the Financial Times reported on Wednesday, citing people familiar with the plans.
U.S. Treasury yields recently hit a 24 year high, lifting borrowing costs worldwide and putting pressure on highly leveraged businesses. Founder led Canadian companies with significant insider ownership can look different in this kind of market. Leaders with real skin in the game often focus on resilient balance sheets and disciplined capital use. This article walks through three such stocks from our insider heavy screener and why they may merit a closer look in the current environment. The...
Moody’s Corporation (NYSE:MCO) and S&P Global Inc. (NYSE:SPGI) are the two halves of one of the best moats in finance. Together, these two rate roughly 80% of the world’s debt. Both have sold off on worries that higher rates slow the pace of debt issuance. But they trade at different prices, MCO near 30 times […]
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