HSBC Holdings Share News (HSBA)

BROKER RATINGS SUMMARY: JPMorgan Cuts easyJet And IAG To Neutral

BUZZ-HSBC: UBS raises PT, reiterates "buy"

** Bank HSBC's shares up 1.6 pct, near the top of the FTSE, after UBS analysts raise PT on stock to 535p from 450p, keep "buy" rating ** Analysts cut estimates to assume lower margins on UK banks, say Standard Chartered, HSBC do best given their business mix, add lower EPS estimates are off

Saudi British Bank's net profit edges up

DUBAI, July 19 (Reuters) - Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 1.2 percent increase in its second-quarter net profit on Tuesday, in line with analyst forecasts as earnings from special commissions rose. The bank, an affiliate of HSBC Holdings, sa

Capita bumps up forecast for 2016 dividends, mid-caps to take Brexit hit

(ShareCast News) - The fall in sterling following Brexit would deliver an immediate boost to the value of companies' dividend payments but potential recessionary pressures would hit profits and dividends from UK-focused mid-caps hardest, Capita said in its second quarter 2016 Dividend Monitor. De

Investment banks face 11 pct hit to revenue amid Brexit turmoil - BCG

LONDON, July 15 (Reuters) - Investment bank revenues are likely to fall about 11 percent this year, due in part to uncertainty and lower client activity following Britain's surprise decision last month to leave the European Union, according to Boston Consulting Group (BCG). BCG said in a re

UK names syndicate for sale of 50-year index-linked gilt

LONDON, July 15 (Reuters) - Britain's debt agency chose Goldman Sachs, HSBC, Royal Bank of Scotland and Santander on Friday as bookrunners for the sale of several billion pounds of 50-year inflation-linked government bonds later this month. The sale of the 0.125 percent 2065 index-linked b

British finance minister favourite Hammond to champion banks' access to EU

LONDON, July 13 (Reuters) - Foreign minister Philip Hammond, the leading candidate to be Britain's next finance minister, said on Tuesday he would fight for British financial services to retain access to the European Union's single market after the vote to leave the trading bloc. Hammond, s

BoE's Carney says weaker economic outlook could warrant stimulus

LONDON, July 12 (Reuters) - Bank of England Governor Mark Carney said the central bank may have to react to a weaker economic outlook after Britain's decision to leave the European Union, reinforcing the idea that the BoE is ready to provide the economy with more stimulus. "The possibility

HSBC escaped US money laundering charges amid financial disaster fears

(ShareCast News) - HSBC escaped prosecution from US officials in 2012, after accusations of money laundering led to fears that the bank's failure could lead to a "global financial disaster", according to a report published on Monday. Bank was accused of allowing drug cartels to launder money in US b

UPDATE 2-Top U.S. officials rejected push to prosecute HSBC -lawmakers' report

(Adds Britain's finance ministry declining to comment) By Mica Rosenberg NEW YORK, July 11 (Reuters) - Senior U.S. Department of Justice officials overruled internal recommendations to prosecute global bank HSBC Holdings Plc for money-laundering violations because of concerns about th

Top US officials rejected push to prosecute HSBC -lawmakers' report

By Mica Rosenberg NEW YORK, July 11 (Reuters) - Senior U.S. Department of Justice officials overruled internal recommendations to prosecute global bank HSBC Holdings Plc for money laundering violations because of concerns about the stability of the financial system, a congressional report r

Financial lobby urges UK government to retain access to EU markets

LONDON, July 8 (Reuters) - London's main financial lobby group urged the government on Friday to retain access to the EU's single market as it seeks to contain the fallout from Britain's surprise vote to leave the trading bloc. Since the June 23 referendum, many have predicted an exodus of

REFILE-MOVES-HSBC parts company with head of UK equity capital markets -sources

(Adds dropped word 'UK' in lead) LONDON, July 8 (Reuters) - HSBC's head of UK equity markets Antony Isaacs has left the bank as part of the continuing restructuring of its investment banking division, sources with direct knowledge of the matter told Reuters on Friday. Isaacs' departur

UPDATE 1-South Africa's Eskom says secures $1.4 billion in loan facilities from AfDB

(Adds details) JOHANNESBURG, July 7 (Reuters) - South Africa's state-run power utility Eskom has secured a 20 billion rand ($1.4 billion) loan from the African Development Bank, the company battling to keep itself financially afloat said on Thursday. Eskom supplies virtually all of th

UPDATE 2-Bank of England takes steps as Brexit risks appear, pound falls

* BoE gives banks more room to lend * More time for insurers to adjust to EU rules * Sterling renews fall after fund closures * Banks says strong on capital, liquidity - Osborne (Adds suspension of M&G real estate fund, updates market prices) By David Milliken and Huw Jo