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Barclays vs. HSBC: Which Global Bank is the Smarter Buy Today?
ZACKS· 2025-06-27 16:11
Key Takeaways BCS is cutting costs and streamlining operations, with 2 billion euros in savings expected by 2026. Barclays is reinvesting in high-growth markets, including India, and payments via Brookfield. BCS earnings are forecast to grow 21.2% in 2025 and 23.3% in 2026, outpacing HSBC's outlook.Barclays PLC (BCS) and HSBC Holdings PLC (HSBC) are often the first names that come to mind when discussing prominent foreign banks. Both are based in London and have been streamlining their operations to enhan ...
Chevron Invites Bids to Divest 50% Stake in Singapore Refinery
ZACKS· 2025-06-20 13:06
Key Takeaways CVX invites bids to sell 50% of its stake in Singapore Refining Company amid global restructuring. The move follows recent asset sales and potential divestments in Australia and the Philippines. Chevron's divestment in SRC's stake may fetch $300M-$500M, with bids expected in July.Chevron Corporation (CVX) has reportedly begun the sale process for its 50% stake in Singapore Refining Company (“SRC”), inviting non-binding bids from potential buyers. Among those approached is PetroChina, which a ...