HSBC Holdings Share News (HSBA)

HSBC kicks off first share buyback

By Steve Slater LONDON, Aug 3 (IFR) - HSBC has kicked off its first share buyback with plans to repurchase US$2.5bn of stock this year, thanks to capital from the sale of its Brazilian business. It said it could buy back a similar amount of stock next year, because it is being allowed

TOP NEWS: Standard Chartered Warns On More Cautious Outlook For 2016

UPDATE 3-HSBC's $2.5 bln buy-back boosts shares as bank postpones profit goal

* H1 pretax profit $9.7 bln vs $13.6 bln year-ago * Shares rise 3.6 pct on pragmatic measures * Announces up to $2.5 bln share buy-back for H2 * Earnings drop as gloom gathers over Europe banks * HSBC scraps end-2017 target for 10 pct return on equity (Recasts, adds inve

FTSE steadies near recent lows, HSBC leads banks

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * Blue-chip FTSE 100 little changed * HSBC leads banking index higher * Next shares gain after update By Atul Prakash Read more

LONDON MARKET OPEN: Next, HSBC Lead Gainers Ahead Of UK Services PMI

LONDON BRIEFING: Next And HSBC Shares In Favour After Updates

HSBC pledges $2.5bn share buyback as interim profits plunge

(ShareCast News) - Amid continuing turbulent economic conditions, HSBC Holdings' profits plunged in the second quarter to push interim result south of market expectations, though the bank sweetened the pill with news of a $2.5bn (£1.8bn) share buyback thanks to the sale of its Brazilian business. In

TOP NEWS: HSBC Launches USD2.5 Billion Buyback As Profit Falls

BUZZ-US Financials ETF still range-bound

** Financial Select Sector SPDR Fund has so far failed to decisively exit its year-long trading range; still essentially confined in a triangular pattern ** Financials have seen sharp 9 pct rally from post-Brexit low, but still only S&P 500 sector with negative YTD return, off 2.1 pct Read more

Tuesday broker round-up

(ShareCast News) - HSBC: Berenberg reiterates buy with a target price of 600p. Intertek: Numis maintains reduce with a 3100p target. Barclays: Citigroup reiterates buy with a 135p target. IAG: HSBC stays at reduce with a 325p target. Anglo American: UBS keeps at sell with a target price of 740p.

MOVES-Senior HSBC debt bankers search new jobs after rejig

By Tom Porter LONDON, Aug 2 (IFR) - Two senior debt capital markets bankers at HSBC are leaving their roles following a reshuffle within the business, according to sources. Russell Schofield-Bezer, head of debt capital markets and corporate treasury solutions for Europe, Middle East a

RPT-After Brexit, British banks seek delay in splitting off retail business

(Repeats story published late on Monday) * Banks first want to see if UK retains single market access * Executives uncertain on how to treat continental businesses * Non-UK customers could lose protection of the ring-fence * British banks preparing for Easter 2018 roll-out

After Brexit, British banks seek delay in splitting off retail business

* Banks first want to see if UK retains single market access * Executives uncertain on how to treat continental businesses * Non-UK customers could lose protection of the ring-fence * British banks preparing for Easter 2018 roll-out of scheme By Lawrence White and Sinead C

UPDATE 1-Europe's stress tests fail to ease bank sector concerns

* Latest tests give banks broad clean bill of health * Questions raised over failure to assess range of risks * Bad loans and weak profitability weigh on valuations (Adds S&P on ratings, fund manager comment, UniCredit) By Huw Jones and Sinead Cruise LONDON, Aug 1 (Reute

Europe's stress tests fail to ease investors' bank sector worries

* Latest tests give banks broad clean bill of health * Questions raised over failure to assess range of risks * Bad loans and weak profitability weigh on valuations By Huw Jones LONDON, Aug 1 (Reuters) - The latest health check of leading European Union banks failed to end