Tuesday Apr 02, 2024

HSBC Launches Tokenized Gold Product, Block’s Flexibility in Credit Agreement

HSBC launches a tokenized gold product targeting the Hong Kong market. Block gains flexibility with the latest amendment to its revolving credit agreement. Plus, PNB Housing Finance sees a surge in stock price and Anchorage's late financial audit puts key programs at risk.

Sources:
https://news.bitcoin.com/hsbc-launches-tokenized-gold-product-targeting-hong-kong-market/
https://www.pymnts.com/consumer-finance/2024/block-gains-flexibility-with-latest-amendment-to-revolving-credit-agreement/
https://www.livemint.com/market/stock-market-news/pnb-housing-finance-stock-jumps-over-14-on-rating-upgrades-morgan-stanley-sees-35-upside-care-icra-11711958414701.html
https://www.adn.com/alaska-news/anchorage/2024/04/01/anchorages-late-financial-audit-leaves-key-programs-hanging-in-the-balance/

Outline:
(00:00:00) Introduction
(00:00:43) HSBC Launches Tokenized Gold Product Targeting Hong Kong Market
(00:02:33) Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
(00:05:07) PNB Housing Finance jumps over 14% on rating upgrades; Morgan Stanley sees 35% upside
(00:06:48) Anchorage’s late financial audit leaves key programs ‘hanging in the balance’

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