HSBC Holdings Share News (HSBA)

HSBC Italy, foreign banks contacted over bank rescue fund - HSBC Italy CEO

MILAN, July 26 (Reuters) - The Italian unit of HSBC and other foreign banks were asked to invest in a new fund Italy is trying to set up to buy bad loans, the company's chief executive, Marzio Perrelli, said on the sidelines of a conference in Milan. "We were contacted, but in the context o

MOVES-HSBC appoints Georges Elhedery as MENA CEO

DUBAI, July 26 (Reuters) - HSBC Middle East said on Tuesday it had appointed Georges Elhedery as its chief executive for the Middle East and North Africa region with immediate effect. Elhedery, who joined the bank in 2005 and was previously head of global banking and markets in the MENA reg

REFILE-HSBC says in talks to sell Lebanese business to Lebanon's Blom Bank

(Fixes typo in para 3) DUBAI, July 25 (Reuters) - HSBC Bank Middle East, a wholly-owned subsidiary of HSBC Holdings, said on Monday it was in discussions to sell its Lebanese business to Lebanon's Blom Bank. There was no certainty about whether a binding transaction would result from

UPDATE 1-U.S. sides with HSBC to block release of money laundering report

(Adds comment from HSBC) By Mica Rosenberg NEW YORK, July 21 (Reuters) - The U.S. government asked a federal appeals court on Thursday to block the release of a report detailing how HSBC Holdings Plc is working to improve its money laundering controls after the British bank was fined

U.S. sides with HSBC to block release of money laundering report

By Mica Rosenberg NEW YORK, July 21 (Reuters) - The U.S. government asked a federal appeals court on Thursday to block the release of a report detailing how HSBC Holdings Plc is working to improve its money laundering controls after the British bank was fined $1.92 billion. In a brief

HSBC reviewing 2013 forex probe after trader's arrest -source

* Bank had found nothing wrong in prior probe of trades * HSBC FX trader and former colleague charged with fraud * FCA says continuing to investigate individuals By Lawrence White and Kirstin Ridley LONDON, July 21 (Reuters) - HSBC is reviewing a past investigation of fore

TOP NEWS: 1 Current, 1 Former HSBC Employee Charged With FX Rigging

UPDATE 4-U.S. charges two HSBC executives over forex-related scheme

(Adds details from court hearing, comment by HSBC spokesman) By Nate Raymond NEW YORK, July 20 (Reuters) - A senior HSBC Holdings Plc manager has been arrested and charged alongside a former foreign exchange executive with engaging in a scheme to front-run a $3.5 billion transaction

PRESS: Senior HSBC Executive Arrested In FX Rigging Probe - Bloomberg

HSBC forex exec reportedly arrested in New York

(ShareCast News) - A foreign exchange executive at HSBC has reportedly been arrested at New York's John F. Kennedy airport, charged with front-running customer orders. According to press reports, head of foreign exchange cash trading Mark Johnson has become the first person to be charged in the Just

HSBC says will match competitors' rates for small business loans

LONDON, July 20 (Reuters) - HSBC said on Wednesday it will match interest rates offered by any other UK lender on fixed-rate small business loans and business overdrafts up to 25,000 pounds ($32,920.00), in a bid to boost confidence among small business borrowers. The offer will be availabl

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