HSBC Holdings Share News (HSBA)

Investec downgrades HSBC, recommends taking profits in June

(ShareCast News) - Investec downgraded HSBC to 'hold' from 'buy', pointing to just under 1% residual upside to its unchanged 450p price target. "Our continuing belief that HSBC can, should and will maintain an (uncovered) 51c dividend, an implied 2016e dividend yield of 7.9% is, by itself, insuffici

LONDON BRIEFING: BP Settles Investor Claim For Gulf Of Mexico Spill

UPDATE 2-Bayer expands financing group for Monsanto bid-source

(Updates sourcing) June 2 (Reuters) - German drugs and crop chemicals group Bayer AG, which has made a $62 billion bid for U.S. seeds company Monsanto Co, has added more banks to its acquisition financing package, according to a person familiar with the matter. HSBC Holdings Plc, Gold

MOVES-HSBC appoints George to head EMEA markets

By Chris Spink LONDON, June 2 (IFR) - HSBC has appointed Patrick George as head of global markets, EMEA and head of global markets institutional client group, a promotion from his role as global head of equities. George will report to Thibaut de Roux, head of global markets, and Jose-

DIRECTOR DEALINGS: HSBC Non-Executive Director Buys Shares

PRESS: HSBC To Trim Senior Investment Banking Jobs To Cut Costs

HSBC cutting 'dozens' of senior jobs in investment bank - sources

By Anjuli Davies and Lawrence White LONDON, May 31 (Reuters) - HSBC has begun cutting senior posts in its investment banking division in a cull that could lead to dozens of staff worldwide losing their jobs, according to sources with direct knowledge of the cuts. HSBC began informing

MOVES-HSBC hires UBS's Cronje as investment bank COO

LONDON, May 31 (IFR) - HSBC has appointed Andre Cronje as chief operating officer of its investment bank, hiring him from UBS where he held a similar position. HSBC said on Tuesday Cronje will start on June 13 as COO of global banking and markets (GBM), reporting to GBM chief executive Sami

MOVES-HSBC names ex-UBS banker as chief operating officer of investment bank

LONDON, May 31 (Reuters) - HSBC has named former UBS banker Andre Cronje as chief operating officer for its global banking and markets division, according to an internal memo seen by Reuters on Tuesday. Cronje joins from UBS Investment Bank, the memo said, where he held the same title and m

TOP NEWS: HSBC To See Gain On Sale Of Real Estate Receivables Pool

Tuesday newspaper round-up: HSBC, Brexit polls, Alliance Trust

(ShareCast News) - HSBC's Stuart Gulliver is the European bank chief executive who investors would most like to be replaced, according to a recent poll of large shareholders. When 74 institutional investors were polled by Autonomous Research and asked to each name three banks in Europe "most in need

PRESS: HSBC Chief Gulliver Tops Investors' Choice For Removal - FT

UPDATE 1-BoE adjusts capital rules for global banks with UK retail arms

* BoE amends rules to better fit global banks * Vickers says BoE sticking to "soft" policy on capital (Adds comment from Vickers comment) By Huw Jones and William Schomberg LONDON, May 26 (Reuters) - UK banks which have a global footprint and big domestic retail operation migh

High-grade issuance tally for May now at new monthly record

By Anthony Rodriguez NEW YORK, May 26 (IFR) - Pharmacy giant Walgreens launched a US$6bn five-part bond on Thursday and pushed the US high-grade issuance tally for May to US$160.824bn, setting a new record for the busiest month ever. The Walgreens's deal, which is being used to fund its

Complaints against UK banks remain near record levels

By Huw Jones and Andrew MacAskill LONDON, May 26 (Reuters) - Complaints against financial services firms in Britain are at their third highest level on record despite a crackdown on bad behaviour by regulators and new laws since the financial crisis to protect customers from misselling.