Top Financial Stocks:
Top financial stocks were lower in pre-bell trading Friday.
Stocks moving on news include:
(-) HSBC Holdings (HSBC), down 2% after saying it will suspend weekend and holiday services of its ATMs in Hong Kong after the machines were targeted by pro-democracy protesters angered at the bank for closing the account of the Spark Alliance fund, a crowdsourcing initiative that supports pro-democracy movements, reports said Friday.
(-) Credit Suisse (CS), was down 3% after saying early on Friday that it approved a share buyback of up to 1.5 billion Swiss Francs ($1.54 billion) in 2020 with the Swiss financial institution expecting to buy back at least 1.0 billion Swiss Francs of shares by the end of the year.
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