HSBC Holdings Share News (HSBA)

UPDATE 1-BoE's Woods says no let up in bank regulation due to Brexit

(Adds detail, background) LONDON, Oct 26 (Reuters) - Banks in Britain won't face a new wave of rules, nor will there be a respite from implementing the revolution already agreed, the country's top banking regulator said on Wednesday. Britain's vote to leave the European Union, source

Banks' mortgage approvals rebound from low, BBA data shows

(ShareCast News) - Mortgage approvals from high street banks rebounded slightly in September, according to data from high street banks, after hitting a 19-month low in August. The British Bankers' Association (BBA) revealed mortgage approval numbers in September of 38,252, which was up from 37,241 i

BROKER RATINGS SUMMARY: Goldman Slightly Less Negative On UK Grocers

UPDATE 1-Spain's Abengoa nearing creditor approval for debt plan - source

* Abengoa has until Friday to present acceptance to court * Company struggling with 9 billion euro financial debt pile * Approval will avoid Spain's biggest ever bankruptcy (Adds timeline for final accord, background) By Jose Elías Rodríguez MADRID, Oct 25 (Reuters) -

Monday newspaper round-up: Barclays, Deutsche Bank, BAE, PPI provisions

(ShareCast News) - Barclays is locked in negotiations with its African subsidiary about the details of their divorce, which analysts estimate could cost the British bank as much as £1bn. Having announced in March that it planned to sell down its controlling stake in its Johannesburg-listed African o

RPT-Britain's banks to reveal solid Q3 results, warn of Brexit storm ahead

(Repeats story from Sunday) * Banks set for resilient Q3 performance * Executives warn Brexit impact is yet to come * Pension top-ups, PPI provisions expected By Andrew MacAskill and Lawrence White LONDON, Oct 23 (Reuters) - Britain's major banks are set to report st

Britain's banks to reveal solid Q3 results, warn of Brexit storm ahead

* Banks set for resilient Q3 performance * Executives warn Brexit impact is yet to come * Pension top-ups, PPI provisions expected By Andrew MacAskill and Lawrence White LONDON, Oct 23 (Reuters) - Britain's major banks are set to report stronger-than-expected results this

U.S. to seek ex-HSBC executive's extradition from Britain

By Nate Raymond NEW YORK, Oct 21 (Reuters) - The United States will seek the extradition from Britain of a former HSBC Holdings Plc executive accused of participating in a fraudulent scheme involving a $3.5 billion currency transaction, prosecutors said on Friday. In a letter filed i

Thirty years on from Big Bang, London frets over future

* IFR talks to Nicholas Dennison, the architect of Big Bang, and others about the transformation of the City of London in 1986 By Steve Slater LONDON, Oct 21 (IFR) - Bang! It was the explosion in financial markets heard across the world 30 years ago which transformed the City of Londo

Investment banks scramble to fill top jobs in Italy

* Six banks seek senior bankers to head Italian divisions * Bank of America, Societe Generale, Nomura hire headhunters * Barclays and HSBC still digesting recent departures * BNP Paribas wants new head of corporate division at BNL By Pamela Barbaglia and Anjuli Davies <

British banks call for end to surcharge on profits amid Brexit uncertainty

LONDON, Oct 20 (Reuters) - British banks are calling for the government to phase out an extra tax on profits at a time of significant upheaval following Britain's vote to leave the European Union and its potential hit to London's financial dominance. In January the government imposed an ext

UK's Hammond tells banks they will be a priority in Brexit talks

LONDON, Oct 19 (Reuters) - Finance minister Philip Hammond sought to reassure Britain's powerful banking sector that he would protect its access to skilled labour and the European Union's single market once the country leaves the bloc. Hammond told lawmakers that the sector's interests woul

UPDATE 2-UK mortgage lenders face compensation bill for mishandling arrears

* FCA: banks sometimes add arrears to mortgage capital sum * Industry group says 750,000 customers could be affected * Mortgage lenders to work out compensation by end June '17 (Adds industry reaction) By Huw Jones LONDON, Oct 19 (Reuters) - Britain's mortgage lenders fa

HSBC winding down Monaco private bank after deal with CFM Indosuez

ZURICH, Oct 19 (Reuters) - HSBC plans to wind down its Monaco private bank and has agreed to introduce clients in the principality to CFM Indosuez Wealth Management, it said on Wednesday, as it seeks to streamline its wealth management business. "It draws to a close the restructuring of our

Sector movers: Retailers rise to the top

(ShareCast News) - Retailers led gains in the market, with Tesco and Sainsbury leading the pack north on the heels of the latest sector survey results. During the last three months the former notched up its first market share gain in five years, with sales by 1.3% and market share by 0.1 percentage