HSBC Holdings Share News (HSBA)

REFILE-BUZZ-US Financials ETF: Downside pressure mounts

(Corrects story link in 1st bullet) ** Financial Select Sector SPDR Fund retreating further from upper boundary of near year-long triangular pattern ** S&P financials worst performing S&P 500 sector YTD; now down 5 pct vs SPX 1 pct gain ** Sector shunned as prospects for near-t

BUZZ-US Financials ETF: Downside pressure mounts

** Financial Select Sector SPDR Fund retreating further from upper boundary of near year-long triangular pattern ** S&P financials worst performing S&P 500 sector YTD; now down 5 pct vs SPX 1 pct gain ** Sector shunned as prospects for near-term Fed rate hike fade, while stress mount

MOVES-HSBC appoints Seth as securities services head for Middle East, N.Africa

DUBAI, June 13 (Reuters) - HSBC has appointed Kapil Seth as regional head of securities services in the Middle East and North Africa, it said in a statement on Monday. Seth was previously HSBC's head of securities services in India. He succeeds Arindam Das, who has taken up a new role

MOVES-Former HSBC exec joins Gulf Capital in Abu Dhabi

ABU DHABI, June 13 (Reuters) - Mahmoud Atalla, previously co-head of distressed debt and loan trading at HSBC, has left the bank to join Abu Dhabi-based private equity firm Gulf Capital, the chief executive of Gulf Capital said on Monday. Atalla joined the Abu Dhabi firm as managing directo

CORRECTED-UPDATE 2-Bradesco wins Brazil approval for $5.2 bln purchase of HSBC unit

(Corrects in second paragraph of June 8 item to clarify that Cade board has six members and they voted unanimously to pass deal) By Guillermo Parra-Bernal and Leonardo Goy SAO PAULO/BRASILIA, June 8 (Reuters) - Brazil's antitrust watchdog on Wednesday approved Banco Bradesco SA's purc

CORRECTED-Brazil watchdog approves Bradesco purchase of HSBC local unit

(Corrects June 8 item in paragraph 2 to clarify that six members voted unanimously to approve the deal) SAO PAULO, June 8 (Reuters) - Brazil's antitrust watchdog Cade approved on Wednesday Banco Bradesco SA's acquisition of HSBC Holdings Plc's local unit under certain conditions. Six

HSBC Brazil sale receives regulatory approval

(ShareCast News) - HSBC's planned sale of its Brazil business to Bradesco reached a new milestone on Thursday, as the bank announced it has received unanimous approval from the Brazilian Administrative Council for Economic Defence. The FTSE 100 bank had announced its agreement to sell its entire bus

TOP NEWS: HSBC Gets Approval For USD5.2 Billion Brazil Sale

UPDATE 2-Bradesco wins Brazil approval for $5.2 bln purchase of HSBC unit

(Adds details on market concentration, comments throughout) By Guillermo Parra-Bernal and Leonardo Goy SAO PAULO/BRASILIA, June 8 (Reuters) - Brazil's antitrust watchdog on Wednesday approved Banco Bradesco SA's purchase of HSBC Holdings Plc's local unit with some conditions, marking

EU unlikely to extend global bail-in rules beyond big banks -official

* Medium-sized banks to remain exempt from TLAC requirements * Commission's new line meets German and British requests * Berlin and London oppose French-Italian proposal for MREL caps * EU Commission's position between caps and floors for MREL By Francesco Guarascio

HSBC awaits Brazil watchdog ruling on proposed sale of Bradesco

(ShareCast News) - Brazil's commerce watchdog, Cade, is set to rule today on whether Asia-focused bank HSBC can sell its Brazilian unit to Banco Bradesco SA. The decision has potentially big implications for HSBC and its shareholders going forward. Chief executive Stuart Gulliver is said to be coun

Brazil watchdog approves Bradesco purchase of HSBC local unit

SAO PAULO, June 8 (Reuters) - Brazil's antitrust watchdog Cade approved on Wednesday Banco Bradesco SA's acquisition of HSBC Holdings Plc's local unit under certain conditions. Five board members of Brasilia-based Cade voted to approve the transaction with restrictions including barring Bra

Brazil watchdog wants Bradesco to refrain from M&A to approve HSBC Brasil deal

BRASILIA, June 8 (Reuters) - A board member of Brazil's antitrust watchdog Cade recommended to approve Banco Bradesco SA's purchase of HSBC Holdings Plc's local unit under certain conditions, including barring the country's No. 3 listed bank from buying rivals for at least 30 months. Cade's

UPDATE 1-Brazil watchdog to rule on HSBC unit sale seen key to dividend

(Adds Cade, Brazil central bank comments) By Lawrence White and Guillermo Parra-Bernal LONDON/SAO PAULO, June 7 (Reuters) - Brazil's antitrust watchdog Cade is due to reveal on Wednesday whether HSBC Holdings Plc can sell its Brazilian unit to Banco Bradesco SA, a decision with big im

HSBC sweats over getting green light for Brazil deal

By Lawrence White and Guillermo Parra-Bernal LONDON/SAO PAULO, June 7 (Reuters) - Brazil's competition watchdog is due to reveal on Wednesday whether HSBC can sell its Brazilian business to Banco Bradesco, a decision with big implications for the British bank's Chief Executive Stuart Gulliv