HSBC Holdings Share News (HSBA)

Bank of NY Mellon must face lawsuit over $1.12 bln mortgage loss

NEW YORK, March 3 (Reuters) - Bank of New York Mellon Corp must face a lawsuit seeking to hold it liable for causing $1.12 billion of investor losses by failing to properly monitor five trusts backed by toxic residential mortgages, a Manhattan federal judge ruled. U.S. District Judge Grego

PRESS: Mastercard Plots GBP1.0 Billion Vocalink Bid - Sky News

Mastercard said to plan £1bn Vocalink takeover bid

(ShareCast News) - US-based credit card issuer Mastercard has reportedly drawn up secret pans for a takeover of international payment systems provider Vocalink. According to Sky News, Mastercard has approached the board of bank-owned Vocalink about a deal that could be worth more than £1bn. More th

WINNERS & LOSERS SUMMARY: "Year Of Uncut Diamond" Gives Admiral Shine

Forty big banks test blockchain-based bond trading system

By Jemima Kelly LONDON, March 3 (Reuters) - Forty of the world's biggest banks, including HSBC and Citi, have tested a system for trading fixed income using the technology that underpins bitcoin, fintech company R3 CEV said on Thursday. The banks are part of a consortium of 42 major l

HIGHGRADE CLOSE-Seven issuers tap the primary market for US$13bn

* US$111.4bn deals sold in last 12 business days * March issuance starts with a roar * FIGs sell US$12.5bn in six deals Tuesday * HSBC prices its largest US dollar deal * HSBC tighter in the grey; 5yr T+205, 10y T+239bp * O'Reilly price progression 10bp from guidance to launch

HSBC launches US$7bn three-tranche bond deal - sources

By Hillary Flynn NEW YORK, March 1 (IFR) - HSBC (A1/A/AA-) launched a three-tranche US$7bn deal on Tuesday, the largest deal of the day thus far. The longest tranche is a 10-year, with US$3bn at T+250bp. It also has five-year fixed and floating tranches, with $3bn in the fixed part at

Bank of England hires lead managers for 2016's 3-year USD bond

LONDON, March 1 (Reuters) - The Bank of England said on Tuesday that it had hired Goldman Sachs, HSBC, JPMorgan and Morgan Stanley as lead managers for a three-year U.S. dollar bond issue. The BoE said in a statement it expects to execute the transaction in the coming weeks. The sale is par

REFILE-Britain's challenger banks face tax rises after watchdog verdict on revamp

* Smaller lenders subject to same tax regime as blue-chip banks * Challenger banks say tax burden will deter investment (Refiles to make clear that the CMA does not endorse the new tax regime but does not find it anti-competitive) By Sinead Cruise LONDON, Feb 29 (Reuters) - Fl

UPDATE 3-UK regulators say won't apply EU bonus cap to all banks

* UK plans to exempt bankers working for smaller lenders * UK regulators believe there is flexibility in rules * EU authorities to hold off from legal challenge for now (Adds European Commission reaction) By Huw Jones LONDON, Feb 29 (Reuters) - British financial regulato

Ex-divs to take 13.2 points off FTSE 100 on Mar. 3

LONDON, Feb 29 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the resulting adjustment to prices by market-makers would take

Bernstein downgrades HSBC as it points to unsustainable dividends

(ShareCast News) - HSBC was in the red after Bernstein downgraded the stock to 'underperform' from 'market perform' and cut the price target to 380p from 550p. It said the bank's "quite dreadful" fourth quarter results were symptomatic of the macro headwinds the global banking system faces this year

FTSE 100 movers: Miners gain but HSBC slumps on Bernstein note

(ShareCast News) - London's FTSE 100 index was down 0.3% to 6,075.39 at 1525 GMT, as investors weighed up disappointment that the G20 meeting did not yield a coordinated stimulus effort against the People's Bank of China's move to cut the reserve requirement ratio. HSBC was in the red after Bernstei

Britain's challenger banks face tax rises as watchdog approves revamp

* Smaller lenders subject to same tax regime as blue-chip banks * Challenger banks say tax burden will deter investment By Sinead Cruise LONDON, Feb 29 (Reuters) - Fledgling lenders aiming to boost competition in Britain's banking industry face sharp rises in their tax bills aft

BROKER RATINGS SUMMARY: Goldman Sachs Raises Sky And Cuts ITV