HSBC Holdings Share News (HSBA)

French authorities seek 2.5 bln euros from banks in tax fraud case

PARIS, May 16 (Reuters) - French authorities are seeking to recover 2.5 billion euros ($2.75 billion) in back taxes from several banks over their alleged roles in a scheme used to avoid taxes linked to dividend payments, Budget Minister Gabriel Attal said.

London stocks reverse gains as financial and energy stocks dip; Vodafone slides

Vodafone slumps on weak cash flow expectations

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China-Hong Kong Swap Connect kicks off to help offshore bond investors hedge

SHANGHAI, May 15 (Reuters) - Hong Kong's stock exchange on Monday launched a new Connect scheme linking the financial hub with the mainland which offers access to interest rate derivatives, helping offshore investors in Chinese bonds hedge their exposure.

LONDON MARKET MIDDAY: Stocks mostly up, but US budget impasse worries

(Alliance News) - Stock prices in London were largely higher at midday on Monday and the pound held firm against the dollar, with the FTSE 100 boosted by a strong performance by mining stocks.

Bahrain's nogaholding plans new sukuk issue, offers cash for existing notes

DUBAI, May 15 (Reuters) - Bahrain's state oil holding firm, nogaholding, is planning a sale of U.S. dollar-denominated Islamic bonds and has offered to tender existing notes for cash, a bank document and filing showed on Monday.

HBSC sets out targets for Asia business as all parts "motoring"

(Alliance News) - HSBC Holdings PLC on Monday said it is aiming for revenue and lending growth in Asia over the medium term.

HSBC, Scotiabank hit with US penalties over employees' use of personal devices

WASHINGTON, May 11 (Reuters) - U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings Plc with civil penalties for widespread recordkeeping violations through employees' use of personal devices and apps for work communications.

UK's FTSE index ends flat; little reaction to BoE rate decision

BoE lifts benchmark rate to 4.5% as expected

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European shares run out of steam by close as Bayer, energy stocks weigh

Bayer slides after weak outlook

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BNP Paribas joins LendInvest's GBP300 million mortgages financing

(Alliance News) - LendInvest PLC on Thursday said BNP Paribas SA joined its GBP300 million financing syndicate with HSBC Holdings PLC and Barclays PLC to support growth of its short-term mortgages.

U.S. SEC charges HSBC Securities, Scotia Capital for recordkeeping failures

WASHINGTON, May 11 (Reuters) - HSBC Securities Inc and Scotia Capital have agreed to pay $15 million and $7.5 million, respectively, to settle charges of widespread recordkeeping failures, the U.S. Securities and Exchange Commission said on Thursday.

Glass Lewis joins call for increased Glencore disclosure on coal

LONDON, May 11 (Reuters) - Proxy adviser Glass Lewis has urged investors in global miner and trader Glencore to support a shareholder resolution asking for more disclosure on thermal coal production.

LONDON BROKER RATINGS: Peel Hunt raises Wetherspoon to 'add'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook

(Alliance News) - The FTSE 100 is expected to open marginally higher on Wednesday, following positive updates from some UK blue-chip companies and ahead of a US consumer price index reading.

IN BRIEF: Renold extends facilities to 2026, to GBP85.0 million

Renold PLC - Derby, England-based supplier of industrial chains and power transmission products - Extends core banking facilities with new facilities for initial three-year term to May 2016 from original maturity in April 2024. New facilities have option to extend term for further two years. Increases amount to new GBP85.0 million multi-currency revolving credit facility, up from GBP61.5 million. There is also a GBP20.0 million accordion option for additional funding in support of its acquisition programme. Facilities will be provided by its existing banks HSBC Holdings PLC, Allied Irish Banks and Citibank, alongside the addition of Banco Santander SA.