HSBC Holdings Share News (HSBA)

Monday broker round-up

BP: Bank of America downgrades to neutral. BG Group: Investec upgrades to hold, Deutsche reiterates buy and 1,460p target. HSBC: Morgan Stanley upgrades to equalweight. IMI: Investec downgrades to hold. Fresnillo: Bank of America upgrades to buy. Anglo American: Citi downgrades to sell and decre

LONDON MARKET COMMENT: Stocks Lower; Aviva Leads FTSE 100 Gainers

HSBC rating upgraded to 'equalweight' by Morgan Stanley

Banking giant HSBC had its rating on Monday upgraded to 'equalweight' from 'underweight' by Morgan Stanley. Analysts at the US investment bank said the reason behind the rating upgrade is because HSBC's stock has underperformed the Stoxx 600 banks index by around 17% year-to-date. They said that ch

BROKER RATINGS SUMMARY: Citi Downgrades Anglo American And BHP

London open: FTSE pulls back from all-time high as mining stocks decline

London's FTSE 100 retreated from a fresh record on Monday morning as investors took profits ahead of a busy week for global financial markets, with shares in the mining sector in particular under pressure. The Footsie was trading 0.24% lower at 7,072.78 early on after settling at a new all-time clos

LONDON MORNING BRIEFING: easyJet And ICAP Poach New CFOs

MOVES- Citigroup, HSBC, AIG, Perella Weinberg

(Adds Citigroup, AIG; Updates HSBC) April 10 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. CITIGROUP INC The U.S. bank's head of franchise risk and strategy, Brian L

Friday tips round-up: UK Banks, Cranswick

The loan loss ratio for UK banks stood at 0.14% at the end of 2014 according to Standard&Poor's, versus 0.69% in 2013 - a rare positive for the sector. It is a reflection of faster economic growth, low interest rates, higher property prices, banks' sale of dodgy property loans, lending deemed proble

MOVES- HSBC, Citigroup, Perella Weinberg

April 10 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. HSBC HOLDINGS PLC Andrew McMurdo, global head of loan syndicate, leveraged and acquisition finance and head of EMEA

CORRECTED-UPDATE 1-France sets 1 bln eur bail as it probes HSBC over Swiss tax scandal

(Changes headline to clarify HSBC is under investigation, not charged) LONDON/PARIS, April 9 (Reuters) - French magistrates have ordered HSBC Holdings Plc to post a 1 billion euro ($1.1 billion) bail to cover a potential fine after the bank was put under formal criminal investigation over a

HSBC's Swiss arm to face French criminal investigation

The Swiss private banking arm of HSBC has been placed under a formal criminal investigation by French magistrates over alleged tax-related offences. In a statement to the London Stock Exchange, the bank said the formal criminal investigation had been initiated in connection with the conduct of its S

UPDATE 1-France sets 1 bln eur bail as it charges HSBC over Swiss tax scandal

(Adds details) LONDON/PARIS, April 9 (Reuters) - French magistrates have ordered HSBC Holdings Plc to post a 1 billion euro ($1.1 billion) bail to cover a potential fine after the bank was put under formal criminal investigation over allegations it helped customers dodge tax. It is th

HSBC deposit is half of alleged French tax fraud - source

PARIS, April 9 (Reuters) - The 1 billion euro ($1.07 billion) deposit French magistrates have imposed on HSBC Holdings in a tax offence case represents nearly half of the value of the bank's alleged tax fraud, a source close to the matter said on Thursday. The magistrates estimate that the

UPDATE: HSBC Holdings Under Formal Criminal Investigation In France

HSBC Under Formal Criminal Investigation In France