HSBC Holdings Share News (HSBA)

HSBC wins dismissal of Madoff customer class action in U.S.

By Jonathan Stempel NEW YORK, Sept 15 (Reuters) - HSBC Holdings Plc on Thursday won the dismissal of a lawsuit by former Bernard Madoff customers who accused the British bank of fueling his massive Ponzi scheme by ignoring red flags and encouraging "feeder funds" to invest with him. U

DIRECTOR DEALINGS: HSBC Chief And Global Banking Head Sell Shares

HSBC considers hiking capital of its German unit - exec

FRANKFURT, Sept 15 (Reuters) - HSBC is considering hiking the capital of its German unit as it seeks to expand in Europe's largest economy, according to the head of HSBC Trinkaus , which is 81-percent owned by the British bank. "If we wants to continue to grow we needs more capital," Carola

UPDATE 3-Bank bosses call for more time to adapt to life after Brexit

* Bank chiefs - two years not enough time to prepare * Banks face 'enormous task' in setting up EU subsidiaries * EU's Juncker warns no market access 'a la carte' (Recasts, adds EU taskforce) By Huw Jones and Lawrence White LONDON, Sept 14 (Reuters) - Top City of London

Bank bosses say no big slowdown in markets so far after Brexit vote

LONDON, Sept 14 (Reuters) - There has been no fundamental slowdown in markets so far because of Britain's decision to leave the European Union, top officials from the financial services sector said on Wednesday. Banks are making contingency plans to move some of their operations to continen

UBS downgrades HSBC to 'neutral' from 'sell'

(ShareCast News) - UBS downgraded HSBC to 'neutral' from 'sell' but nudged up the price target to 540p from 535p, with modest capital downside offset by dividend yield. The bank noted HSBC's share price is up 17% in sterling since early August, adding $25bn to its market cap and prompting investor i

RPT-Timing is everything as European banks ride the CoCos revival

(Repeats late Tuesday story, no changes) * Low interest rates have driven feverish demand for CoCo bonds * Cost of issuing CoCos has dropped to lowest levels this year * Sweet spot of opportunity remains extremely fragile By Lawrence White LONDON, Sept 13 (Reuters) -

Timing is everything as European banks ride the CoCos revival

* Low interest rates have driven feverish demand for CoCo bonds * Cost of issuing CoCos has dropped to lowest levels this year * Sweet spot of opportunity remains extremely fragile By Lawrence White LONDON, Sept 13 (Reuters) - European banks are playing a nerve-jangling wa

Citi downgrades HSBC to neutral following outperformance

(ShareCast News) - Analysts at Citi downgraded their view on shares of HSBC given the resilience in the lender's share price despite recent earnings downgrades from the analyst consensus. Year-to-date analysts had cut their forecasts for HSBC's earnings in 2017 and 2018 by approximately 30%, whereas

UPDATE 1-MOVES-HSBC investment bank vice-chairman Lake to leave

(Adds details) By Steve Slater LONDON, Sept 12 (IFR) - One of HSBC's most senior investment bankers, Spencer Lake, is leaving the British bank. Lake has been at HSBC's global banking and markets business for 10 years, helping to build up its capital markets and investment bankin

MOVES-HSBC investment bank vice-chairman Lake to leave -memo

LONDON, Sept 12 (IFR) - Spencer Lake, the vice-chairman of global banking and markets at HSBC, is leaving the bank, according to an internal memo seen by IFR. Lake has been at HSBC for 10 years, helping to build up the bank's capital markets and investment banking business. He was most rece

UK "pensions dashboard" platform to launch March 2017-Treasury

LONDON, Sept 11 (Reuters) - A common platform to enable British savers to group all their pension pots in one place and potentially recover 400 million pounds ($530 million) in lost savings should be ready by March 2017, Britain's finance ministry said on Sunday. The government-backed "pen

HK regulator urges banks to ease rules on startup account openings

HONG KONG, Sept 8 (Reuters) - Hong Kong's banking regulator on Thursday urged financial firms to review requirements that have made it virtually impossible for startups and small companies to open bank accounts in the city. Opening bank accounts has been one of the key issues holding back t

Thursday newspaper round-up: Sports Direct, Coutts, HSBC

(ShareCast News) - US billionaire John Malone's Liberty Media has agreed to take control of Formula One in a deal valuing the sport at $8bn. The two-part manoeuvre will initially see the US media group buy 18.7 per cent of F1 parent company Delta Topco for $746m in cash from a consortium of sharehol

PROFILE-Syndicate banker by day, NY firefighter by night

By Hillary Flynn NEW YORK, Sept 7 (IFR) - Peter Burger, the head of corporate syndicate at HSBC in New York, was surrounded by flames. He had rushed inside a house that caught fire just before dawn, a couple of days after Hurricane Sandy hit the northeast United States in October 2012