HSBC Holdings Share News (HSBA)

European shares rise as energy firms, HSBC boost; end second straight week lower

STOXX 600 index closes 0.3% lower for the week

*

UPDATE: HSBC wins backing of shareholders in key strategy vote

(Alliance News) - HSBC Holdings PLC earned a vote of confidence from shareholders, as a key poll which proposed splitting the bank was rejected at Friday's annual general meeting.

HSBC shareholders vote down proposal to spin off Asian arm

(Sharecast News) - HSBC shareholders rejected a proposal on Friday to split the business and spin off the Asian arm.

HSBC defeats Asia spin-off proposal at investor meeting

LONDON, May 5 (Reuters) - Europe's biggest bank HSBC defeated a resolution from Hong Kong-based shareholders and backed by major investor Ping An to potentially spin-off its lucrative Asia business, the bank's chairman Mark Tucker said on Friday.

HSBC urges shareholders to vote against bank split

(Sharecast News) - HSBC urged shareholders again on Friday to vote against resolutions backed by its biggest stakeholder, China's Ping An Asset Management, to split the business in two and spin off the Asian arm.

TOP NEWS: HSBC talks up strength ahead of key AGM strategy vote

(Alliance News) - HSBC Holdings PLC's leadership set out a confident outlook, amid recent turmoil in the banking sector, and once again urged shareholders to vote down a proposed restructuring from a major shareholder at its annual general meeting on Friday.

Investors irked by Glencore's stance on thermal coal AGM vote

Investors seeking more information on thermal coal plans

*

UK dividends calendar - next 7 days

Fed hikes 25bp, opens door to possibility of a pause

(Sharecast News) - The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle.

Broker tips: HSBC, Hikma, Pearson

(Sharecast News) - Berenberg upgraded HSBC to 'buy' from 'hold' on Wednesday, keeping the price target at 780p, as it said the bank's return on tangible equity of around 13% and attractive growth potential are undervalued.

Berenberg upgrades HSBC to 'buy'

(Sharecast News) - Berenberg upgraded HSBC to 'buy' from 'hold' on Wednesday, keeping the price target at 780p, as it said the bank's return on tangible equity of around 13% and attractive growth potential are undervalued.

LONDON BROKER RATINGS: DZ Bank cuts BP to 'hold'; Berenberg likes HSBC

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

LONDON MARKET OPEN: Dollar softens ahead of US rate announcement

(Alliance News) - Stock prices in London opened in the green on Wednesday, as investors await what is anticipated to be the final interest rate hike from the US Federal Reserve this tightening cycle.

UK's Lloyds beats profit forecasts, signals stresses ahead

LONDON, May 3 (Reuters) - Interest rate rises helped British bank Lloyds beat first quarter profit forecasts on Wednesday, but early signs of stress among some borrowers pointed to tougher times ahead.

LONDON BRIEFING: Lloyds profit jumps 46%; Flutter revenue up 54%

(Alliance News) - Stocks in London were called to open on Wednesday higher ahead of the US interest rate decision announcement, amid mostly positive updates from London's large-cap companies.