HSBC Holdings Share News (HSBA)

Standard Chartered, HSBC issue $500 mln letter of credit to Ghana

ACCRA, Oct 4 (Reuters) - HSBC and Standard Chartered issued a $500 million letter of credit to Ghana on Tuesday to guarantee the national oil company's payments for gas extracted from the offshore Sankofa field. The companies said in a statement the deal with Ghana National Petroleum Corpor

Bank of England confirms two-layered bank stress tests for 2017

(ShareCast News) - The Bank of England will subject Barclays, HSBC, Lloyds, Nationwide, Royal Bank of Scotland, Santander and Standard Chartered to a two-part stress test in 2017. The BoE, which is still analysing the results of the 2016 stress tests before scheduled feedback to the banks next mo

UPDATE 2-RBS unveils brand changes, new structure in ring-fencing revamp

(Adds analyst comment, updates shares) By Andrew MacAskill and Sinead Cruise LONDON, Sept 30 (Reuters) - Royal Bank of Scotland is to separate its retail operations from its higher-risk businesses in a major overhaul to meet new ring-fencing rules in Britain, which also means the RBS

RBS unveils sweeping new structure as ring-fencing looms

LONDON, Sept 30 (Reuters) - Royal Bank of Scotland announced on Friday a sweeping overhaul of its structure and banking brands as it outlined plans to separate its retail operations from riskier parts of its business by 2019. The lender said its ring-fenced bank would be called NatWest Hol

UK finance minister confirms end to support for high loan-to-value mortgages

LONDON, Sept 29 (Reuters) - British finance minister Philip Hammond said on Thursday he planned to close a government-backed mortgage guarantee scheme, part of its Help to Buy housing programme, at the end of 2016 as previously scheduled. Hammond, in a letter to Bank of England Governor Mar

HIGHGRADE CLOSE-Four issuers raise US$6.4bn in IG primary

* CK Hutchison debuts with US$1.25bn bond * Most actively traded: Molson 3% 2026s * Monthly issuance: US$140.084bn * Volumes now US$3.8bn away from Sept record * Viacom and Fortis expected to come Thursday By Mike Gambale NEW YORK, Sept 28 (IFR) - Below is a re

BUZZ-U.S. Financials: Pressure mounts amid post-FOMC disappointment

** Since peaking in early Sept, Financial Select Sector SPDR Fund eroding back to its early Aug breakout point. Should then snap higher, else threaten failed advance, refocus on major support ** Financials, only S&P 500 sector in the red since day before Fed's Sep 21 inaction; off 1.3 pctRead more

R3, 8 banks successfully test Intel blockchain platform for bond trading

NEW YORK, Sept 26 (Reuters) - U.S.-based financial innovation start-up R3 announced on Monday that it and eight banks, including HSBC and State Street, have successfully tested a blockchain platform powered by Intel Corp technology for bond transactions. The platform featured advanced smart

UPDATE 1-UK mortgage approvals hit 19-month low, more weakness seen

(Adds details, economists comments) LONDON, Sept 26 (Reuters) - Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertain

HSBC top lawyer calls for new global anti-financial crime measures

LONDON, Sept 26 (Reuters) - Governments worldwide should pass new laws to facilitate the sharing of information between themselves and the private sector in order to better combat financial crime, HSBC's top lawyer told a banking conference in Geneva on Monday. "Put simply, the way we do fi

HSBC plans US capital release to raise shareholder returns

(ShareCast News) - HSBC is seeking to release $20bn-worth of capital tied up in the United States without upsetting regulators, according to a report by Reuters. In the past, the bank had been the focus of US regulators for the alleged breach anti-money laundering rules. The capital is earning a me

HSBC walks U.S. regulatory tightrope over $10 bln of 'trapped' capital

* HSBC has up to $10 billion 'trapped' in U.S. - analysts * Repatriation needs goodwill of U.S. regulators * Banks' foreign businesses pushed to hold more capital By Lawrence White LONDON, Sept 23 (Reuters) - Britain's HSBC is seeking to release billions of dollars of capi

Sector movers: Miners pace gains, but HSBC drags on banks

(ShareCast News) - Miners jumped to the top of the leaderboard after rate-setters at the US central bank lowered their interest rate projections for 2017 and 2018 overnight and opted to stay put on policy rates. The announcements led to a move higher in global equities and provided a boost to the co

LONDON MARKET MIDDAY: Fed Slower Rate Hike Path Cheers Investors Up

Israel arrests four diamond dealers in HSBC Swiss tax evasion case

JERUSALEM, Sept 22 (Reuters) - Israeli authorities made their first arrests in a tax evasion investigation focused on the Swiss arm of HSBC, taking into custody four diamond dealers who allegedly held undeclared accounts at the bank, the tax authority said on Thursday. The four Israeli men