HSBC Holdings Share News (HSBA)

PRESS: Banks Face Ring-Fencing Capital Bombshell - Sky News

Thursday newspaper round-up: HSBC, Apple, Banks

(ShareCast News) - Hundreds of workers at HSBC's investment banking division in London have had their pay cut by 10 per cent and been ordered to take two weeks of unpaid leave by the end of the year.The bank, which is under intense pressure to reduce costs, broke the news to staff last week and inst

PRESS: HSBC Cuts Investment Banking Pay By 10% - The Times

HSBC whistleblower fails to show up to trial

(ShareCast News) - Herve Falciani, the former employee of HSBC's Swiss private bank who leaked information on the bank and its clients, failed to appear at his trial on Monday. "It was simply postponed because he was not present," said a spokeswoman for the Federal Criminal Court in Bellinzona, addi

HSBC Tax Whistleblower Trial Delayed As Defendant Stays Away

MOVES-HSBC rejigs global debt syndicate

By Helene Durand LONDON, Oct 12 (IFR) - HSBC has rejigged its debt syndicate with one new hire, while a number of bankers are relocating to various offices across the globe. The bank has appointed Elena Garcia-Hernandez to work on the corporate and emerging markets desk. She joins fro

Monday newspaper round-up: Glencore, HSBC, Private sector wages

(ShareCast News) - Glencore is preparing to unveil asset sales in Australia and Chile, prompting a halt in trading of its Hong Kong listed shares on Monday morning. The embattled miner, which has seen its shares whipsaw amid the slump in commodities and China slowdown, told the Hong Kong Exchange it

PRESS: Investor Group Formed To Shake Up HSBC Board - The Times

HSBC loses senior anti-money laundering compliance executive

By Brett Wolf Oct 11 (Reuters) - A senior player in HSBC's push to improve the way it polices transactions for criminal activity left the British bank late last month, creating a possible gap in leadership as it seeks to satisfy compliance demands from U.S. regulators and the U.S. Departmen

UPDATE 1-LBMA asks for bids to provide gold trading, clearing services

(Updates with comments, background) By Clara Denina LONDON, Oct 9 (Reuters) - The London Bullion Market Association (LBMA) said on Friday it has formally asked exchanges and technology firms to bid for services such as a gold exchange or a clearing platform to make the London market m

UK lawmaker asks regulator to review effect of new bank tax

* Tax should not obstruct efforts to improve competition -MP * Competition should not be impeded by regulation -MP * MP Tyrie has written to regulator about effect of new tax By Matt Scuffham LONDON, Oct 9 (Reuters) - The chairman of an influential committee of British law

UPDATE 1-Bank of England quizzing UK banks over commodities exposure - source

(Adds context) LONDON, Oct 8 (Reuters) - The Bank of England has asked British banks to report their exposure to commodities and ensure they are mitigating risks effectively, a source familiar with the situation said on Thursday. Prices for oil and other commodities have fallen sharpl

BoE quizzing UK banks over commodities exposure - source

LONDON, Oct 8 (Reuters) - The Bank of England has asked British banks to report their exposure to commodities and ensure they are mitigating risks effectively, a source familiar with the situation said on Thursday. Prices for oil and other commodities have fallen sharply in recent months, a

MOVES-HSBC names Mazi head of traded credit as Godall exits

LONDON, Oct 5 (IFR) - HSBC has appointed Mehmet Emin Mazi as global head of traded credit, replacing Asif Godall, who has decided to leave the bank to pursue interests in fund management and technology, according to an internal memo seen by IFR. Godall had been with the bank for 17 years a

Rocky markets in September compound weak Q3 for investment banks

By Steve Slater LONDON, Oct 5 (Reuters) - A weak performance in September could leave investment banks' revenues in the third quarter down about 10 percent from a year ago, putting 2015 revenues on track to fall from a year ago and intensifying pressure on European firms to scale back. <