HSBC Holdings Share News (HSBA)

UPDATE 2-HSBC executive pleads not guilty in U.S. over forex scheme

(Adds comment from HSBC, details on Federal Reserve enforcement action) By Nate Raymond NEW YORK, Aug 29 (Reuters) - A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transacti

HSBC executive pleads not guilty to U.S. charges in forex-related scheme

NEW YORK, Aug 29 (Reuters) - A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients. The plea on wire fraud and conspiracy charges by Mark Johnson

MOVES-HSBC's Kim replaces Lam as head of AsiaPac HY

By Frances Yoon HONG KONG, Aug 29 (IFR) - Daniel Kim has been appointed HSBC's head of high-yield capital markets and CMB debt origination for Asia Pacific, succeeding Wallace Lam, who will move on to a senior position in commercial banking, according to an internal memo. Kim will k

MOVES-High-yield head Jeff Bennett leaves HSBC

By Robert Smith LONDON, Aug 26 (IFR) - Jeff Bennett has left his role as HSBC's head of high-yield capital markets EMEA, according to sources with knowledge of the matter. Bennett departed the bank several weeks ago, when the capital financing and global banking divisions were merged

UPDATE 1-UK banks approve fewest mortgages since Jan 2015, consumer credit growth strong

(Adds details, background) LONDON, Aug 24 (Reuters) - The number of mortgages approved by British banks fell to its lowest in a year in the month following Britain's vote to leave the European Union, but robust credit growth added to signs that the decision has had little impact on consumer

CORRECTED-UK banks approve fewest mortgages since Jan 2015, consumer credit growth strong

(Corrects name of BBA chief economist) LONDON, Aug 24 (Reuters) - The number of mortgages approved by British banks in July fell to its lowest in a year, but robust credit growth added to signs the Brexit vote has had little impact on consumers so far, industry data showed on Wednesday.

Bank price war looms to woo cautious UK borrowers after Brexit

* Banks pledge to lend despite economic chills * Auto, personal, start-up financing growth offsets mortgage dip * Banks say risk appetites remain conservative, criteria tight * Rate cut puts profits, returns under strain unless revenues grow By Sinead Cruise and Andrew Mac

Europe's boutique firms stealing M&A market share, dealmakers, data shows

By Anjuli Davies and Pamela Barbaglia LONDON, Aug 14 (Reuters) - Boutique advisory firms now receive nearly half of all mergers and acquisition fees in Europe, stealing market share and top dealmakers from global investment banks hamstrung by a renewed focus on cost-cutting and regulations

Sterling's BoE-fuelled rally hits turbulence

* Borrowers print £5.5bn on BoE news * Issuance boom sees spreads sag * Investors turn to long end for yield By Laura Benitez and Helene Durand LONDON, Aug 12 (IFR) - Sterling bond issuance has boomed since the Bank of England announced stimulus measures last Thursday, bu

UPDATE 1-Banks and tech firms apply blockchain to trade finance

(Adds tech firm trade finance platform development) LONDON/HONG KONG, Aug 10 (Reuters) - An HSBC and Bank of America Merrill Lynch venture and financial technology firm R3 said separately on Wednesday that they had created ways of using blockchain technology to simplify trade finance proc

HSBC, BofA apply blockchain to trade finance, seek more partners

HONG KONG, Aug 10 (Reuters) - HSBC and Bank of America Merrill Lynch said on Wednesday they had created the world's first application using blockchain technology to simplify one of the most cumbersome aspects of trade finance. The banks joined with Infocomm Development Authority of Singapo

UPDATE 4-Britain counting on fintech for banking revolution

* Watchdog sticks with proposals outlined in May * Focus on a fintech "revolution" in banking * Consumer group disappointed with overdraft action * UK lawmakers sceptical, to quiz watchdog on plans (Adds UK lawmaker comment) By Huw Jones and Andrew MacAskill LONDON

Banks made to share 'open banking' data, cap overdraft fees, and more

(ShareCast News) - High street banks will be forced to securely share data with their rivals and third parties, publish objective information about their services, warn customers when they are about to go into unarranged overdrafts or when they could get a better deal from another account, after the

UPDATE 2-Britain counting on fintech for banking revolution

* Watchdog sticks with proposals outlined in May * Focus on a fintech "revolution" in banking * Consumer group disappointed with overdraft action (Adds more detail, consumer reaction) By Huw Jones and Andrew MacAskill LONDON, Aug 9 (Reuters) - British banks will from 201

BROKER RATINGS SUMMARY: Cantor Upgrades easyJet To Buy From Hold