HSBC Holdings Share News (HSBA)

Lloyds tops PPI complaints list at financial ombudsman

(ShareCast News) - Complaints about payment protection insurance continue to be made against major high street banks, data from the financial ombudsman showed, with Lloyds Banking Group a serial offender. Of the total new cases referred to the ombudsman in the six months to 31 December, 56% were

UPDATE 5-HSBC hit by U.S. "princelings" probe and below-forecast profit

* FY pretax $18.87 bln vs f'cast $21.8 bln, $858 mln Q4 loss * Says under SEC investigation over Asia recruitment * Raises annual dividend to $0.51 per share from $0.50 * CEO Gulliver pay lowered to 7.34 mln stg from 7.62 mln * Shares in London down 2.6 percent (Adds det

LONDON MARKET CLOSE: Stocks Shrug Off Brexit Fears But Pound Gets Hit

Broker tips: ABF, HSBC, UK equities

(ShareCast News) - Credit Suisse boosted its target price on shares of Primark-owner Associated British Foods following what it termed a "reassuring update" from the company, while its recommendation was kept at 'outperform'. Analysts Charlie Mills, Alan Erskine, Molly Eggleton and Faham Baig highli

FTSE 100 movers: Miners lead index back over 6000

(ShareCast News) - The FTSE 100 was back over 6,000 points on Monday, with the index up 106.09 points (1.78%) to 6,056.32. Miners led the market as commodity price were boosted following the recent rally in global equities. Anglo American was at the top of the list on reports that the company may s

Monday broker round-up

(ShareCast News) - Coca-Cola Hbc: JP Morgan reiterates neutral with a target price of 1450p, Nomura stays at buy with a 1330p target and Deutsche Bank keeps at hold with a target price of 1500p. Standard Life: JP Morgan keeps at overweight with a target of 465p and Deutsche Bank reiterates buy, 415p

HSBC under scrutiny on Asia hiring

By Steve Slater LONDON, Feb 22 (IFR) - HSBC said on Monday it is under investigation by US regulators over its hiring practices in Asia as it reported a tough start to the year for some areas of its investment bank. HSBC chief executive Stuart Gulliver said it had been a "challenging"

LONDON MARKET MIDDAY: 'Brexit' Fears Hit Sterling But Stocks Rally

HSBC would not review HQ issue again if Britain were to leave EU - CEO

LONDON, Feb 22 (Reuter) - HSBC would not launch another review of where the bank's headquarters should be based if Britain were to leave the European Union, Chief Executive Stuart Gulliver said on Monday. Last week the bank said following a 10-month review of the issue that it had decided t

WINNERS & LOSERS SUMMARY: HSBC Warns Of "Bumpier" Road For Finance

BROKER RATINGS SUMMARY: JPMorgan Upgrades Essentra To Overweight

HSBC a 'buy' but target price under review, says Investec

(ShareCast News) - HSBC delivered a reasonable performance on costs in the last quarter of the year, but the weaker outlook for revenues led Investec's Ian Gordon to tell clients he hoped "fresh cost reduction initiatives" would go beyond existing targets. Underlying costs for the last quarter of 20

BUZZ-HSBC: Bottom of the Stoxx after missing estimates

** HSBC down 4.5 pct, bottom of the Stoxx and the FTSE 100, after saying FY pretax profit rose to $18.87 bln, short of analysts' expectations of $21.8 bln ** Co adds under investigation by U.S. regulators relating to hiring practices of people tied to government officials in Asia; warns of

REFILE-UPDATE 3-HSBC confirms China "princeling" probe as profit falls short

* FY pretax $18.87 bln vs f'cast $21.8 bln after $858 mln Q4 loss * Says under SEC investigation over recruitment practices in Asia * Raises annual dividend to $0.51 per share from $0.50 * CEO Gulliver pay lowered to 7.34 mln stg from 7.62 mln * Shares in London down 3.7 p

LONDON MARKET OPEN: HSBC Stains Bullish FTSE 100 With Earnings Miss