Fourth-quarter 2010 earnings season ramps up this week. Analysts expect strong results from some big corporate names. And on the heels of last week’s big earnings beat from JPMorgan Chase, the financial sector will have plenty …
HSBC (HBC) may be considering a bid for Northern Trust (NTRS), a California-based financial services group, The Daily Mail said.
Northern Trust has more than $643 billion of assets under management and counts more than 20% of the wealthiest families in the U.S. among its clients.
“Rumors persist that [HSBC] is lining up a $65 a share cash offer,” the Daily Mail said, without naming…
Continue reading HSBC May Consider Buying Northern Trust
HSBC May Consider Buying Northern Trust originally appeared on DailyFinance on Tue, 26 Oct 2010 07:30:00.
Filed Under: Company News, Investing, Credit, Stocks in the News