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By Huw JonesLONDON, April 7 (Reuters) - Britain's markets watchdog says the coronavirus pandemic has shown a need to reinforce consumer protection and it will draw up new longer-term measures to help detect if vulnerable customers are being ripped...
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(Sharecast News) - The head of America's largest lender by market value is digging in for a severe downturn.
Read more(Sharecast News) - HSBC has switched the venue of its annual general meeting to its London head office and barred shareholders from attending in a move that will shield directors from investor anger after a turbulent year for the bank.
Read more(Adds analyst reaction)By Sumeet Chatterjee, Felix Tam and Lawrence WhiteHONG KONG/LONDON, April 6 (Reuters) - HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against ...
Read more(Adds details from shareholder news conference on Monday)By Sumeet Chatterjee and Felix TamHONG KONG, April 6 (Reuters) - HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal ...
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PRESS: Investors In HK Threaten To Sue HSBC Over Withdrawn Dividend
Read moreBy Sumeet Chatterjee and Felix TamHONG KONG, April 5 (Reuters) - HSBC shareholders in Hong Kong are mulling calling for an extraordinary meeting with management and taking possible legal action against the bank's scrapping of dividend payments.HSB...
Read more* Unprecedented demand leads to record loan originations* Government-backed loan schemes not a 'free-for-all'* Bankers fear repercussions of poor lending decisions* Coronavirus challenging bank processing, reputationBy Sinead Cruise, Lawrence White a...
Read more(Adds comment on car loans, industry reaction)By Sinead Cruise and Huw JonesLONDON, April 2 (Reuters) - British consumers will receive a three-month freeze on loan and credit card payments to weather the coronavirus epidemic, under plans outlined b...
Read more(Adds reaction)By Sinead Cruise and Huw JonesLONDON, April 2 (Reuters) - British consumers will receive a three-month freeze on loan and credit card payments to weather the coronavirus epidemic, under plans outlined by the country's financial regu...
Read more(Adds quotes, detail)By Sinead Cruise and Huw JonesLONDON, April 2 (Reuters) - British consumers will get a three-month freeze on loan and credit card payments to weather the coronavirus epidemic, under plans outlined by the country's financial re...
Read moreUK BROKER RATINGS SUMMARY: Jefferies Raises Raft Of Property Investors
Read more(Sharecast News) - The Financial Conduct Authority has asked lenders to introduce loan payment freezes and interest-free overdrafts to support consumers whose finances have been hit by the Covid-19 crisis.
Read moreLONDON, April 2 (Reuters) - Delaying remaining elements of new global bank capital rules for a year will give lenders in Britain time to focus on dealing with fallout from the coronavirus epidemic, the Bank of England and Britain's finance minist...
Read moreLONDON, April 2 (Reuters) - The Financial Conduct Authority on Thursday proposed a range of new measures to support households facing sudden financial hardship as result of the coronavirus, including three-month payment freezes on loans and credi...
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