HSBC Holdings Share News (HSBA)

FTSE 100 movers: Sports Direct kicked higher, Pearson spikes on FT rumours

(ShareCast News) - London markets inched higher on Monday as weakness in the commodities market was outshone by strength in the pharmaceutical, technological and financial sectors. As of 14:15 BST, the FTSE 100 was trading 0.23% higher at 6,791. Sports Direct International topped the risers as Exan

Broker tips: HSBC, Prudential, Experian, Sports Direct

(ShareCast News) - Citigroup upgraded HSBC to 'buy' from 'neutral' and lifted the price target to 635p from 625p, noting that the stock is trading close to the low end of its valuation range over the past five and 10 years. "Reflecting the improvement to capital ratios from upcoming divestments and

Citigroup upgrades HSBC to 'buy'

(ShareCast News) - Citigroup upgraded HSBC to 'buy' from 'neutral' and lifted the price target to 635p from 625p, noting that the stock is trading close to the low end of its valuation range over the past five and 10 years. "Reflecting the improvement to capital ratios from upcoming divestments and

BUZZ-Standard Chartered: Up after announcing management shake-up

** Emerging markets-focused bank's shares up 1.2 pct, among top FTSE-100 gainers, as CEO Bill Winters announces changes to its management structure ** Heads of major units will report to Winters rather than to his deputy Mike Rees, starting Oct. 1 ** Stock second-highest gainer on FTS

BROKER RATINGS SUMMARY: Citi Raises HSBC To Buy From Neutral

BUZZ-HSBC: Citi ups to "buy" after divestments, stock underperformance

** Banking giant's shares up 1 pct, second-largest FTSE-100 gainer after Citi upgrades rating on co to "buy" from "neutral", PT to 635p from 625p ** Analysts cite improvement to capital ratios from upcoming divestments and recent stock price weakness for upgrade ** Shares have fallen

LONDON BRIEFING: AVEVA Shares Jump As It Agrees Reverse Takeover

UPDATE 3-Head of UK financial watchdog quits early

* Martin Wheatley had been due to step down in March 2016 * Sources say he quit after government didn't extend contract * FCA's Tracey McDermott to be acting chief executive (Adds lawmaker, banker reaction) By Huw Jones LONDON, July 17 (Reuters) - The head of Britain's f

UPDATE 2-Head of UK financial watchdog quits early

* Martin Wheatley had been due to step down in March 2016 * Sources say he quit after government didn't extend contract * FCA's Tracey McDermott to be acting chief executive (Adds sources, lawyer comments, background) By Huw Jones LONDON, July 17 (Reuters) - The head of

RPT-Global banks to steer clear of Iran until sanctions finally go

(Repeats JULY 16 story, no change to text) * Many sanctions on Iran likely to stay for months * Lenders have paid heavy penalties for Iran business * Banks still fear U.S. anti-money laundering rules * UK not recommending insurance trade with Iran yet By Jonathan Sau

Global banks to steer clear of Iran until sanctions finally go

* Many sanctions on Iran likely to stay for months * Lenders have paid heavy penalties for Iran business * Banks still fear U.S. anti-money laundering rules * UK not recommending insurance trade with Iran yet By Jonathan Saul and Thomas Atkins LONDON/FRANKFURT, July

EXCLUSIVE-UK export credit agency to review Iran cover after nuclear deal

* Review could be a first step to normalising trade * But UKEF says Iran would need to address arrears * Lawyer sees no big change to sanctions for 6-9 months (Adds comment, detail, background) By Jonathan Saul LONDON, July 16 (Reuters) - Britain's export credit agency i

UK steps up efforts to help new banks, rejects tax critics

By Huw Jones LONDON, July 16 (Reuters) - The British government said on Thursday it would step up efforts to boost competition in banking and rejected criticism that its tax changes would leave the sector worse off. The government surprised banks earlier this month by announcing a new

British banks complain of $62 billion extra tax bill

* Banks being singled out for new "punitive taxes" -BBA * Burden makes it harder for banks to lend -BBA By Matt Scuffham LONDON, July 15 (Reuters) - Britain's banks will have been hit by an additional 40 billion pound ($62 billion) tax bill by the end of this decade, harming the

CORRECTED-UPDATE 2-Former-HSBC boss regrets mistakes made with Swiss, Mexican deals

(Corrects figure in 10th paragraph to 7.6 million pounds) * Former chairman Green says bank's reputation 'sullied' * Green says 'should have drilled into detail' * Green says compliance has since improved * Former Lloyds chair plays down Brown role in HBOS deal By Ma