HSBC Holdings Share News (HSBA)

BoE raises prospect of lower capital requirements for small banks

By Huw Jones LONDON, Dec 14 (Reuters) - Britain's new banks are likely to obtain relief on the amount of capital they must hold to cover the risk of default on home loans, a top Bank of England official said on Wednesday. Though 20 so-called challenger banks have entered the market in

Dubai working with HSBC on $7 bln financing for Expo 2020

* HSBC appointed as ECA coordinator - sources * Split between commercial loans and ECA funding to be decided * Extra funding for Expo-linked projects possible By Davide Barbuscia and Tom Arnold DUBAI, Dec 13 (Reuters) - Dubai is working with HSBC on the financing of Expo

UPDATE 2-Britain's finance watchdog checks on home loan market competition

(Adds industry reaction) By Huw Jones LONDON, Dec 12 (Reuters) - Britain's financial watchdog has launched a full review of the 1.3 trillion pound ($1.6 trillion) mortgage market to see if customers could get better deals and whether links between industry players limit choice. Read more

UPDATE 1-UK watchdog defers decision on deadline for PPI claims against banks

(Adds Bailey interview) By Huw Jones LONDON, Dec 9 (Reuters) - Britain's financial services industry regulator has delayed its final decision on setting a deadline for consumers to claim compensation for being mis-sold debt repayment insurance. Banks including Lloyds and RBS hav

HSBC upgrades Capital & Regional to 'buy'

(ShareCast News) - HSBC has upgraded Capital & Regional, a British manager of shopping centres, to 'buy' from 'hold' but lowered its price target to 66p from 69p. The company's recent disposal of the Camberley shopping centre and refinancing has reduced the bank's equity valuation by £14.5m, equival

UPDATE 1-Brazil regulator Cade fines foreign banks for currency manipulation

(Adds details on Cade's probes into currency rigging by more banks) SAO PAULO, Dec 8 (Reuters) - Brazilian antitrust watchdog Cade said it has fined five international banks a combined 183.5 million reais ($54 million) as part of a settlement of charges they rigged the country's currency ma

Deutsche Bank's 'smoking gun' evidence to expand U.S. silver rigging case

By Nate Raymond NEW YORK, Dec 8 (Reuters) - Lawyers for investors accusing several major banks of conspiring to rig silver prices are seeking to add five new defendants to the case, based what they call "smoking gun" evidence they obtained from Deutsche Bank AG following a settlement. Read more

Brazil regulator Cade fines foreign banks for currency manipulation

SAO PAULO, Dec 8 (Reuters) - Brazilian antitrust watchdog Cade said it reached an agreement with five large international banks, fining them a combined 183.5 million reais ($54 million) for forming a cartel in offshore foreign exchange markets. The banks, which were accused of manipulating

LONDON MARKET MIDDAY: Pound Dip After Weak UK Output Lifts Blue-Chips

EC slaps €485m fine on HSBC, JPMorgan, Agricole for Euribor cartel

(ShareCast News) - Competition regulators at the European Commission have fined HSBC, JPMorgan Chase and Crédit Agricole €485m for participating in a cartel in euro interest rate derivatives. The European Union's executive arm said the banks had breached EU antitrust rules by colluding on the key eu

UPDATE 1-Britain's mid-caps lag FTSE as spreadbetters tumble

* FTSE 100 up 0.5 pct at close * CMC and IG hit FTSE 250 * Commodity stocks drop, HSBC rises after upgrade (Updates prices at close, adds detail and quote) By Kit Rees and Alistair Smout LONDON, Dec 6 (Reuters) - Britain's mid-caps underperformed blue-chip peers on Tuesd

Britain's mid-caps lag FTSE as spreadbetters tumble

(ADVISORY - Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 flat, CMC and IG hit FTSE 250 * Commodity stocks drop, HSBC rises after upgrade By Alistair Smout LONDON, Dec 6

Morgan Stanley upgrades HSBC to 'equal weight'

(ShareCast News) - Morgan Stanley upgraded HSBC to 'equal weight' from 'underweight' and raised its price target to 645p from 550p. The broker upgraded the bank's stock as the revenue outlook has improved on better Asia pacific (APAC) loan growth and higher rates. "We have had an underweight rating

UPDATE 1-Deutsche Bank to pay $60 mln to settle U.S. gold price-fixing case

(Adds details of allegations, background, byline) By Jonathan Stempel NEW YORK, Dec 2 (Reuters) - Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold pric

MOVES-HSBC reshuffles debt syndicate, Gardiner moves to DCM

By Helene Durand LONDON, Dec 2 (IFR) - HSBC has reshuffled its European bond syndicate desk, according to an internal memo seen by IFR, as the bank continues to reorganise its business following the arrival in May of Matthew Westerman from Goldman Sachs as co-head of banking. Robert G