HSBC Holdings Share News (HSBA)

Dividend cut at HSBC would only make sense under one scenario, Berenberg says

(ShareCast News) - HSBC had shown it had a tight grip on costs over the last two quarters and with management as focused as ever on risks the dividend was sustainable, Berenberg said. As risks continued to be re-priced, the lender's focus on risk should become more appreciated, with the dividend yie

REFILE-HSBC axes 850 IT jobs in Britain in first big wave of planned cuts

(Corrects typo in first paragraph) By Andrew MacAskill and Lawrence White LONDON, May 16 (Reuters) - HSBC, Europe's largest bank, was to begin laying off 850 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will

HSBC axes 850 IT jobs in Britain in first big wave of planned cuts

By Andrew MacAskill and Lawrence White LONDON, May 16 (Reuters) - HSBC, Europe's largest bank, were to begin laying off 850 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end

Sunday newspaper round-up: RBS, Shell, Cobham, BT, banks

(ShareCast News) - Royal Bank of Scotland is examining a range of radical options to help speed the long-delayed separation and flotation of its Williams & Glyn subsidiary, including a potential divestment of its NatWest brand. Banking sources have indicated to the Sunday Telegraph that RBS and its

LONDON MARKET CLOSE: FTSE 100 Rises After US Retail Data Boost

London's office market resists Brexit flight risk

By Sinead Cruise and Anjuli Davies LONDON, May 13 (Reuters) - The prospect of Britain quitting the European Union has inflicted little damage so far on demand for space in London's financial hubs, first quarter rental data suggests, despite some warning signs from investment banks. A

UK competition watchdog to present banking probe result on May 17

LONDON, May 12 (Reuters) - Britain's competition watchdog will say on May 17 how it wants to change high street banking when it publishes provisional recommendations from a protracted three-year investigation. The Competition and Markets Authority (CMA) is looking at personal accounts and s

Dividends Calendar - Week Ahead

UPDATE 2-Kerry seeks to soothe European bank nerves over Iran trade

* Kerry seeks to reassure 10 top bank execs * Lenders seek action to match rhetoric * Banks fear sanctions could be re-imposed (Recasts, adds lawyer quote, details) By David Brunnstrom LONDON, May 12 (Reuters) - U.S. Secretary of State John Kerry told Europe's top banks

MOVES-HSBC names Lacour head of equities EMEA

LONDON, May 10 (IFR) - HSBC has appointed Franck Lacour as head of equities for Europe, Middle East and Africa, in addition to his current role as global head of trading. It follows the departure of David Long as head of equities EMEA last summer. Long had been in the role since September 2

MOVES-HSBC Middle East appoints Jones as interim chief executive

DUBAI, May 8 (Reuters) - HSBC Middle East has appointed Robin Jones as interim chief executive, the bank said in a statement on Sunday. Jones was previously HSBC Middle East's deputy chief executive and chief operating officer. He replaces Mohammad al-Tuwaijri, who was on Saturday app

Precious metals miners jump as Fed rate hike calls pushed back

(ShareCast News) - Precious metals miners and engineers gained the most in the wake of a US jobs report for April that saw several of the world's largest brokers push back their forecasts for the timing of the US Federal Reserve's next interest rate hike in 2016 to September and the greenback weaken

Friday broker round-up

(ShareCast News) - Man Group: Citigroup downgrades to sell with a 120p target. Royal Mail: Jefferies reiterates underperform with a 400p target. Easyjet: JP Morgan keeps at overweight with a 1900p target. IMI: Societe Generale reiterates hold with a target of 920p and JP Morgan stays at neutral wi

BROKER RATINGS SUMMARY: Citi Downgrades Centrica To Neutral From Buy

UPDATE 1-Dreyfus may sell stake in new Brazil grains terminal -source

(Adds context and comment from Amaggi shareholder) SAO PAULO, May 5 (Reuters) - Agricultural commodity trader Louis Dreyfus may sell a stake in a new northern Brazil grains terminal to book profits from its early participation in the project, a company source said on Thursday. The Teg