HSBC committed to online broking

Although it continues to look for ways to reduce costs, HSBC says it remains committed to its global online broking partnership with Merrill Lynch.

Since the downturn in world stockmarkets over the last year or so and the end of the tech stock bubble, online brokers have been doing it tough.

Merrill Lynch and HSBC offer online share dealing, high-interest bank accounts, and other services to investors in Europe, Canada and Australia.

Read more about online broking

Australian Financial Review Online, 21/2/02