HSBC Holdings Share News (HSBA)

UPDATE 1-UK watchdog tells banks to open up payment system to competition

(Adds detail, VocaLink ownership) By Huw Jones LONDON, Feb 25 (Reuters) - Banks should cut their stakes in one of Britain's core payments systems as part of a fundamental change to increase competition, Britain's Payment Systems Regulator (PSR) proposed on Thursday. The UK payme

UK Payments Regulator Calls For Major Banks To Sell Stakes In VocaLink

UPDATE-HSBC hires Goldman's Westerman as co-head global banking

(Adds details) By Steve Slater LONDON, Feb 24 (IFR) - HSBC has hired Matthew Westerman from Goldman Sachs to become co-head of banking in its investment banking arm, part of several changes in the unit. Westerman has been at Goldman Sachs for 16 years and was most recently chair

HSBC hires Goldman's Westerman as co-head global banking

By Steve Slater LONDON, Feb 24 (IFR) - HSBC has hired Matthew Westerman from Goldman Sachs to become co-head of banking in its investment banking arm, part of several changes in the structure of the unit. Westerman has been at Goldman Sachs for 16 years and was most recently chairman

UK mortgage approvals rise near 2-year highs ahead of buy-to-let tax- BBA

LONDON, Feb 24 (Reuters) - British banks approved the highest number of mortgages in almost two years in January as some investors sought to snap up properties before a tax on buy-to-let properties due in April, industry figures showed on Wednesday. The British Bankers' Association said its

BROKER RATINGS SUMMARY: Analysts Neutral On Standard Chartered, Lloyds

Tuesday broker round-up

(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr

Tuesday broker round-up

(ShareCast News) - HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target. Just Eat: Investec reiterates buy with a target price of 435p. Glencore: Exane BNP Paribas keeps at outperform with a target of 145p. Ashmore Group: UBS starts coverage at neutr

Business Leaders Warn Brexit Would "Deter Investment, Threaten Jobs"

Tuesday newspaper share tips: Concerns about Primark's growth

(ShareCast News) - The Telegraph's Questor said on Tuesday it is concerned about Primark's growth after its latest trading update. The board of Associated British Foods, Primark's parent company, said on Monday it expected some progress in adjusted operating profit for the group in the current perio

BROKER RATINGS SUMMARY: UBS Initiates LSE And Asset Manager Ratings

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