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Free Pre-Market Technical Recap on Credit Suisse Group and Three Additional Banking Stocks

Stock Research Monitor: BCS, EWBC, and HSBC

LONDON, UK / ACCESSWIRE / July 30, 2018/ If you want a free Stock Review on CS sign up now at www.wallstequities.com/registration. WallStEquities.com turns investors’ attention to the Foreign Money Center Banks space, which includes banks that offer financial services in foreign countries. Many times, these companies are multinationals and service many different countries. Under evaluation this morning are the following stocks: Barclays PLC (NYSE: BCS), Credit Suisse Group AG (NYSE: CS), East West Bancorp Inc. (NASDAQ: EWBC), and HSBC Holdings PLC (NYSE: HSBC). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Barclays

Shares in London, the UK headquartered Barclays PLC ended Friday’s session 1.09% higher at $10.17 with a total trading volume of 1.42 million shares. The stock has advanced 2.21% in the last month. The Company’s shares are trading 3.30% below their 50-day moving average. Moreover, shares of Barclays, which through its subsidiaries, provides various financial products and services in the UK, other European countries, the Americas, Africa, Middle-East, and Asia, have a Relative Strength Index (RSI) of 49.90.

On July 25th, 2018, Barclays announced the appointment of Rob Jeffries as Vice Chairman and Global Head of Chemicals. Mr. Jeffries will be based in New York, and his appointment will further augment the Company’s market leading Chemicals Banking practice. Get the full research report on BCS for free by clicking below at:

www.wallstequities.com/registration/?symbol=BCS

Credit Suisse Group

Zurich, Switzerland-based Credit Suisse Group AG’s shares rose slightly by 0.71%, closing the day at $15.69. A total volume of 1.27 million shares was traded. The stock has advanced 6.52% in the last month and 4.53% over the past year. The Company’s shares are trading 1.32% above their 50-day moving average. Additionally, shares of Credit Suisse Group, which together with its subsidiaries, provides various financial services worldwide, have an RSI of 60.51.

On July 11th, 2018, Credit Suisse AG, a subsidiary of Credit Suisse Group, announced that commodities fell in June as the production of agricultural commodities increased, while rising trade tensions among major economies threatened demand. The Bloomberg Commodity Index Total Return performance was lower for the month, with 16 out of 22 Index constituents posting losses. To experience our free membership services anytime/ anywhere and access the free report on CS, click to register at:

www.wallstequities.com/registration/?symbol=CS

East West Bancorp

Last Friday, shares in Pasadena, California headquartered East West Bancorp Inc. declined slightly by 0.08%, closing the session at $65.96. The stock recorded a trading volume of 531,511 shares. The Company’s shares have advanced 15.60% over the past year. The stock is trading 2.18% above its 200-day moving average. Furthermore, shares of the Company, which operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals in the US and Greater China, have an RSI of 46.37.

On July 19th, 2018, East West Bancorp reported its results for Q2 2018. Net income for Q2 2018 was $172.3 million, net interest income was $341.7 million, and net interest margin was 3.83%. As of June 30th, 2018, total loans were a record $30.2 billion, and total deposits were a record $32.8 billion.

On July 20th, 2018, research firm Keefe Bruyette upgraded the Company’s stock rating from ‘Market Perform’ to ‘Outperform’. Join our big investor community at Wall St. Equities today and get your free report on EWBC at:

www.wallstequities.com/registration/?symbol=EWBC

HSBC Holdings

London, the UK headquartered HSBC Holdings PLC’s stock finished the session 0.35% higher at $48.21 with a total trading volume of 1.05 million shares. The Company’s shares have advanced 3.52% in the last month. The stock is trading below its 50-day moving average by 0.11%. Additionally, shares of HSBC Holdings, which provides banking and financial products and services, have an RSI of 55.11.

On July 11th, 2018, research firm JP Morgan upgraded the Company’s stock rating from ‘Neutral’ to ‘Overweight’.

On July 17th, 2018, HSBC Private Banking, Americas, part of HSBC Group which is a subsidiary of HSBC Holdings, announced the appointment of Carly McKeeman as Philanthropic and Family Governance Specialist. Ms. McKeeman joins the Company with more than 10 years of charitable planning and administration experience. Based in New York, she will report to Heather Flanagan, Regional Head of Private Wealth Solutions for HSBC Private Banking, Americas. Know more about HSBC in our free research coverage at:

www.wallstequities.com/registration/?symbol=HSBC

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SOURCE: Wall St. Equities

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