Primary dealers news scan as of 10:58 pm: HSBC, Wells Fargo have raised their prime rate …

Primary Dealers

HSBC. Prime rate. HSBC Bank USA, N.A., and its affiliates new prime and reference rate of 6.25% is effective today. — HSBC.

Jefferies. Quarterly report. Jefferies Financial Group Inc. (NYSE: JEF) will release its third quarter financial results on Wednesday, September 28, 2022 after market close. — Jefferies LLC.

Nomura. Quarterly results. “Nomura Holdings, Inc. plans to announce its operating results for the second quarter of the fiscal year ending March 31, 2023, at 15:00 in Tokyo on November 2, 2022. Financial statements and presentation materials will be available on the Nomura Holdings website shortly after the announcement.” — Nomura.

RBC Capital. Federal Reserve. Future rate hikes. RBC Capital Markets’ head of rates strategy, Blake Gwinn, believes 75 point rate increases will continue till November. One hundred basis point increases are off the table. — Yahoo!Finance.

Wells Fargo. Federal Reserve. Prime rate. Wells Fargo Bank, N.A., has increased its prime rate to 6.25 percent from 5.5 percent, effective today, Sept. 22, 2022. — Wells Fargo.

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