Latest news with #Boulton
Yahoo
5 days ago
- Business
- Yahoo
HSBC UK Private Banking Introduces Addepar Platform, Boosts Offerings
HSBC UK Private Banking, a subsidiary of HSBC Holdings PLC HSBC, has adopted the Addepar platform, which is particularly designed for wealth managers. This move comes after its adoption in the US Private Bank, with plans for rollouts in the Channel Islands and Luxembourg later in the year. HSBC UK Private Banking provides services to domestic and global ultra and high net worth clients alongside family Addepar platform offers a superior client reporting experience, handling complex aspects such as alternative investments and account aggregation. It allows relationship managers and investment advisers to smoothly deliver customized, comprehensive performance reports and investment the platform can consolidate performance data for clients with assets managed by other wealth firms, allowing them to view a full picture of their complete investment portfolio in one Boulton, head of Private Banking, HSBC UK, said, 'Addepar's platform will mean that our clients have the best possible insights at their fingertips to manage an increasingly complex financial landscape. Being able to present a client's entire portfolio to them so they have a holistic view of their wealth across multiple currencies and multiple wealth managers will be a big step forward for us.'James Thomson, head of investment counselling, HSBC UK Private Banking, stated, 'As a leader in the alternatives space, with more and more private banking clients wanting to have a proportion of their portfolio in this asset class, Addepar's advanced alternatives reporting capabilities was [sic] an important selling point.' HSBC's move aligns with an increased focus on high-net-worth and ultra-high-net-worth clients. In mainland China, the bank is growing its wealth business through lifestyle-focused centers and acquisitions like Citigroup's retail wealth arm in June 2024, digital upgrades and hiring HSBC has been boosting its presence through initiatives like launching Global Private Banking, acquiring L&T Investment Management, and enhancing Premier Banking. Over the past six months, shares of HSBC have rallied 24.6%, outperforming the industry's growth of 21.6%. Image Source: Zacks Investment Research Currently, HSBC carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Last month, Deutsche Bank DB collaborated with International Business Machines IBM and finaXai, a Singapore-based AI leveraging IBM's innovative technologies, Deutsche Bank aims to streamline workflows, reduce operational costs and improve efficiency across all areas of its business. The transition from legacy systems to IBM's advanced cloud and AI solutions will allow DB to develop a more agile, scalable, and secure technology Citigroup Inc. C unveiled Citi AI, a range of artificial intelligence tools aimed at enhancing internal processes for Hong Kong employees. Citi AI aims to maximize efficiency in operations by offering support in information retrieval, document summarization, and writing electronic communications for employees. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Citigroup Inc. (C) : Free Stock Analysis Report International Business Machines Corporation (IBM) : Free Stock Analysis Report Deutsche Bank Aktiengesellschaft (DB) : Free Stock Analysis Report HSBC Holdings plc (HSBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
30-05-2025
- Business
- Business Insider
Morgans Keeps Their Hold Rating on SiteMinder Limited (SDR)
In a report released today, Billy Boulton from Morgans maintained a Hold rating on SiteMinder Limited (SDR – Research Report), with a price target of A$4.90. The company's shares closed yesterday at A$4.56. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Boulton is a 2-star analyst with an average return of 0.7% and a 28.57% success rate. Boulton covers the Consumer Cyclical sector, focusing on stocks such as Viva Leisure Ltd., Experience Co Ltd, and SiteMinder Limited. SiteMinder Limited has an analyst consensus of Strong Buy, with a price target consensus of A$6.07.
Otago Daily Times
27-05-2025
- Business
- Otago Daily Times
Reductions market-driven: SFF
Silver Fern Farms says its focus on emissions reduction is driven by what its customers and markets want. "It's not about the Paris Climate Accord or domestic methane targets. It's wholeheartedly driven by the markets you need to be in," chief executive Dan Boulton told shareholders attending yesterday's annual meeting of Silver Fern Farms Co-operative in Dunedin. Many high-value customers were addressing their own emissions reduction targets while many farmers were also implementing changes on farm to improve efficiencies and reduce emissions. Some might call it woke, but the company's view was that given New Zealand farmers' track record of environmental progress and efficiencies, it would be "irresponsible to walk away from it", he said. Customers were willing to invest in new ways of achieving targets and they were not interested in domestic debate around historic land use change in New Zealand, or that New Zealand contributed only a small percentage of global emissions. "They are only interested in what is in their supply chain," he said. Silver Fern Farms invested $9.1 million in AgriZeroNZ over the last two years, and held a shareholding of about 7.59%. That investment represented about 0.1% of total revenue. Customers in markets who made public commitments represented about 20% of its revenue and that was growing, he said. The investment in AgriZeroNZ was about options to meet that market driver without compromising key market advantages. There were a range of tools AgriZeroNZ was investing in which would go through rigorous testing. Some farmers might not be open to that "direction of travel" and it would not be forced on them. Many would be happy to accept it. He made no apologies about creating options for farmers to make sure they stayed aligned with what the markets wanted, he said. It was about finding solutions and options to address customers needs — to ensure the company maintained market access and its highest-value customers — and make it cost effective and easy to implement on-farm. Earlier this year, Silver Fern Farms announced a $21.8m net loss after tax for the year ended December 31, a $2.6m improvement on last year's result. Revenue was down $144m to $2.6 billion, ebitda was up $16.3m to $32.7m and capital expenditure was more than halved, down to $52.5m. Silver Fern Farms Co-operative, which jointly owns Silver Fern Farms Ltd with Bright Meat Group, recorded a net loss after tax of $10.9m, up from last year's $10.7m loss. Mr Boulton reiterated it was disappointing to post a loss but, without greater cost control and commercial discipline, the result would have been significantly more unfavourable. Looking at the year ahead, livestock volumes were materially lower than expected and the industry had adjusted by removing capacity earlier than was typical. Lamb kill was back 8%, predominantly in the South Island, and national beef kill was back 6% for the season to date. It would be the second consecutive challenging winter for processors, which created downstream challenges, and action and leadership was needed across the industry to address structural issues. Improved pricing was expected to stay around for the foreseeable future and that pricing had been rebuilding confidence in farming, as farmers looked to expand and buy more land. "Coming into this year, we are a fitter, more resilient Silver Fern Farms," he said. Protein demand would outstrip supply for the year ahead and growing concern around food security provided significant opportunities for New Zealand to leverage. "There's a lot to be excited about if you're a producer here in New Zealand," he said. Last year, Silver Fern Farms Co-operative bought a 12.5% stake in Woolworks for $18.486m. Silver Fern Farms Co-operative chairwoman Anna Nelson yesterday said better wool returns were essential for the overall viability of sheep farming. Asked about any potential conflict of interest with outgoing Silver Fern Farms director Rob Hewett being chairman of Woolworks, she said an extensive due diligence process was followed "with Rob firmly out of the room".
Otago Daily Times
20-05-2025
- Business
- Otago Daily Times
Cutting emissions market-driven: SFF
Silver Fern Farms says its focus on emissions reduction is driven by what its customers and markets want. "It's not about the Paris Climate Accord or domestic methane targets. It's wholeheartedly driven by the markets you need to be in," chief executive Dan Boulton told shareholders attending yesterday's annual meeting of Silver Fern Farms Co-operative in Dunedin. Many high-value customers were addressing their own emissions reduction targets while many farmers were also implementing changes on farm to improve efficiencies and reduce emissions. Some might call it woke, but the company's view was that given New Zealand farmers' track record of environmental progress and efficiencies, it would be "irresponsible to walk away from it", he said. Customers were willing to invest in new ways of achieving targets and they were not interested in domestic debate around historic land use change in New Zealand, or that New Zealand contributed only a small percentage of global emissions. "They are only interested in what is in their supply chain," he said. Silver Fern Farms invested $9.1 million in AgriZeroNZ over the last two years, and held a shareholding of about 7.59%. That investment represented about 0.1% of total revenue. Customers in markets who made public commitments represented about 20% of its revenue and that was growing, he said. The investment in AgriZeroNZ was about options to meet that market driver without compromising key market advantages. There were a range of tools AgriZeroNZ was investing in which would go through rigorous testing. Some farmers might not be open to that "direction of travel" and it would not be forced on them. Many would be happy to accept it. He made no apologies about creating options for farmers to make sure they stayed aligned with what the markets wanted, he said. It was about finding solutions and options to address customers needs — to ensure the company maintained market access and its highest-value customers — and make it cost effective and easy to implement on-farm. Earlier this year, Silver Fern Farms announced a $21.8m net loss after tax for the year ended December 31, a $2.6m improvement on last year's result. Revenue was down $144m to $2.6 billion, ebitda was up $16.3m to $32.7m and capital expenditure was more than halved, down to $52.5m. Silver Fern Farms Co-operative, which jointly owns Silver Fern Farms Ltd with Bright Meat Group, recorded a net loss after tax of $10.9m, up from last year's $10.7m loss. Mr Boulton reiterated it was disappointing to post a loss but, without greater cost control and commercial discipline, the result would have been significantly more unfavourable. Looking at the year ahead, livestock volumes were materially lower than expected and the industry had adjusted by removing capacity earlier than was typical. Lamb kill was back 8%, predominantly in the South Island, and the national beef kill was back 6% for the season to date. It would be the second consecutive challenging winter for processors, which created downstream challenges, and action and leadership was needed across the industry to address structural issues. Improved pricing was expected to stay around for the foreseeable future and that pricing had been rebuilding confidence in farming, as farmers looked to expand and buy more land. "Coming into this year, we are a fitter, more resilient Silver Fern Farms," he said. Protein demand would outstrip supply for the year ahead and growing concern around food security provided significant opportunities for New Zealand to leverage. "There's a lot to be excited about if you're a producer here in New Zealand," he said. Last year, Silver Fern Farms Co-operative bought a 12.5% stake in Woolworks for $18.486m. Silver Fern Farms Co-operative chairwoman Anna Nelson yesterday said better wool returns were essential for the overall viability of sheep farming. Asked about any potential conflict of interest with outgoing Silver Fern Farms director Rob Hewett being chairman of Woolworks, she said an extensive due diligence process was followed "with Rob firmly out of the room".
BBC News
03-05-2025
- Health
- BBC News
King's Mill Hospital issues bank holiday A&E plea
Bosses at a Nottinghamshire hospital are urging the public to use health services "wisely" this bank holiday plea comes after the emergency department at King's Mill Hospital in Sutton-in-Ashfield saw high demand over the Easter bank holiday weekend in April, treating almost double the number of patients it was "designed to care for at any one time".On the busiest day, Sherwood Forest Hospitals NHS Foundation Trust said there were 183 people waiting to be seen by a healthcare professional and 34 acutely sick patients waiting to be admitted to a bed."We had a really difficult week, one of the busiest weeks of the year," said Phil Boulton, executive chief nurse. The trust said while demand had become more manageable since, the emergency department was "still busy".Mr Boulton explained: "People think its only the winter when we see these times of pressure and I think the four-day bank holidays are contributing actors to this."We're here if you need us in an emergency but if you don't need to come to hospital, then please don't. "If you can manage your symptoms yourself, or can contact your GP, call 111 or the your local pharmacy then please do that. "If you reduce the numbers at hospital, it makes us more efficient for when you might need that help most."
