Friday, November 17, 2023

Daring Moves: Hedge Fund Takes a Strategic Stand Against HSBC

Qube Research & Technologies, a hedge fund spun out from Credit Suisse, has placed a £672 million ($835.43 million) bet against HSBC (HSBA.L), representing 0.57% of the bank's market capitalization, according to a regulatory filing with the Financial Conduct Authority in the UK.

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