HSBC Holdings Share News (HSBA)

EU unlikely to extend global bail-in rules beyond big banks -official

* Medium-sized banks to remain exempt from TLAC requirements * Commission's new line meets German and British requests * Berlin and London oppose French-Italian proposal for MREL caps * EU Commission's position between caps and floors for MREL By Francesco Guarascio

HSBC awaits Brazil watchdog ruling on proposed sale of Bradesco

(ShareCast News) - Brazil's commerce watchdog, Cade, is set to rule today on whether Asia-focused bank HSBC can sell its Brazilian unit to Banco Bradesco SA. The decision has potentially big implications for HSBC and its shareholders going forward. Chief executive Stuart Gulliver is said to be coun

Brazil watchdog wants Bradesco to refrain from M&A to approve HSBC Brasil deal

BRASILIA, June 8 (Reuters) - A board member of Brazil's antitrust watchdog Cade recommended to approve Banco Bradesco SA's purchase of HSBC Holdings Plc's local unit under certain conditions, including barring the country's No. 3 listed bank from buying rivals for at least 30 months. Cade's

UPDATE 1-Brazil watchdog to rule on HSBC unit sale seen key to dividend

(Adds Cade, Brazil central bank comments) By Lawrence White and Guillermo Parra-Bernal LONDON/SAO PAULO, June 7 (Reuters) - Brazil's antitrust watchdog Cade is due to reveal on Wednesday whether HSBC Holdings Plc can sell its Brazilian unit to Banco Bradesco SA, a decision with big im

HSBC sweats over getting green light for Brazil deal

By Lawrence White and Guillermo Parra-Bernal LONDON/SAO PAULO, June 7 (Reuters) - Brazil's competition watchdog is due to reveal on Wednesday whether HSBC can sell its Brazilian business to Banco Bradesco, a decision with big implications for the British bank's Chief Executive Stuart Gulliv

UPDATE 1-UK banks, regulators need to do more on transparency, MP says

(Adds detail, background) LONDON, June 7 (Reuters) - British banks and regulators should disclose more of their communications to prevent a repeat of the financial crisis, a senior UK lawmaker said on Tuesday. Andrew Tyrie, chairman of parliament's treasury committee, has written to A

PRESS: HSBC Restructures Investment Banking Unit To Cut Costs - FT

HSBC to restructure its global banking division

(ShareCast News) - HSBC is to restructure its investment banking division in an effort to make the business more "agile and holistic" and save money according to a memo seen by Reuters. The bank will create a new group called Corporate, Financials and Multinationals Banking that will integrate the t

British banks arm staff with scripts for Brexit vote aftermath

By Lawrence White and Andrew MacAskill LONDON, June 6 (Reuters) - British banks are prepping staff to deal with a barrage of questions from retail and small business customers after the country's June 23 vote on whether to stay in or leave the European Union. HSBC, Barclays, Lloyds, R

UPDATE 1-HSBC to shake up global banking business to cut costs

(Recasts, adds details, quote) LONDON, June 6 (Reuters) - HSBC is to restructure its global banking division to cut costs and make the business more "agile", according to an internal memo seen by Reuters on Monday. The reorganisation is part of HSBC's plans announced last June to slas

HSBC announces reshuffle in global banking division -memo

LONDON, June 6 (Reuters) - HSBC has announced a major reshuffle of managerial responsibilities and organisational structure within its global banking division, according to an internal memo obtained by Reuters on Monday. The new structure will make the division more cost efficient, co-heads

UPDATE 1-HSBC restructures investment banking arm

(Adds details on appointments throughout) By Steve Slater LONDON, June 6 (IFR) - HSBC has restructured its investment bank as part of a push to streamline the business to make it more profitable and "agile". The changes include a new structure in HSBC's global banking business b

HSBC restructures investment banking arm

LONDON, June 6 (IFR) - HSBC has restructured its investment bank as part of a push to streamline the business to make it more profitable and "agile". The changes include a new structure in HSBC's global banking business by setting up a corporate, financials and multinationals banking unit (

LONDON MARKET CLOSE: Gold Sparkles As US Rate Hike Looks Further Away

UPDATE 1-Spanish court investigates 40 cases in HSBC tax probe

(Adds details from the court's investigation) MADRID, June 3 (Reuters) - The Spanish High Court said on Friday said it was investigating 40 cases of possible tax evasion following leaks of sensitive information from HSBC's Swiss private bank. Earlier police acting on the orders of th