About This Source - Bloomberg Markets and Finance
Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent Bloomberg Markets and Finance Items:
Apr.08 — Simon Yuen, founder of Surich Asset Management, which is leading the HSBC Shareholders Alliance, discusses the bank’s decision to scrap dividends. The alliance, which claimed to have the backing of 3,000 shareholders, made four demands including dividend payments in the form of additional shares rather than cash and to ax directors’ fees for a year, according to a local report. Yuen, whose firm does not own shares in HSBC Holdings Plc, speaks on “Bloomberg Markets.”