HSBC Holdings Share News (HSBA)

Dividends Calendar - Week Ahead

INSIGHT-U.S. agency overseeing sanctions faces brain drain, added work

By Yeganeh Torbati and Brett Wolf WASHINGTON, Aug 7 (Reuters) - As Congress considers a controversial nuclear deal with Iran, the U.S. Treasury agency charged with implementing related financial sanctions is at risk of being overwhelmed by its expanding mission, former employees and lawyers

Dividends Calendar - Week Ahead

MOVES-Standard Chartered picks Smith as chief risk officer from HSBC

LONDON, Aug 5 (Reuters) - Asia-focused bank Standard Chartered has appointed Mark Smith, currently at rival HSBC, as its new chief risk officer, where he will oversee credit, market and operational risk. Standard Chartered, which is due to report second-quarter results later on Wednesday, s

US IG CLOSE-Five high-grade issuers raise US$6.65bn

By Mike Gambale NEW YORK, Aug 4 (IFR) - Below is a recap of primary issuance activity in the US high-grade market on Tuesday: Number of deals priced: 5 Total issuance volume: US$6.65bn Average new issue concession: 6.30 Average book to cover: 2.88 PHILIP MORRIS

U.S. judge finds 'viable' legal theory in Libor litigation

By Jonathan Stempel NEW YORK, Aug 4 (Reuters) - The U.S. judge overseeing private litigation accusing global banks of manipulating Libor on Tuesday said she found a "viable legal theory" that could justify relief for investors who claim they were harmed by a conspiracy to rig the benchmark

Brazil bank unions say HSBC and Bradesco promise no mass layoffs

SAO PAULO, Aug 4 (Reuters) - Brazilian bankers' unions said on Tuesday that management from Banco Bradesco SA and HSBC Holdings promised there would be no mass layoffs due to the sale of HSBC's Brazilian operation, announced this week. "Both banks promised there would be no mass layoffs and

Vimpelcom, Hutchison close to striking Italian mobile deal - sources

By Pamela Barbaglia and Francesca Landini LONDON/MILAN, Aug 4 (Reuters) - Russia's Vimpelcom and Hong Kong's Hutchison Whampoa are close to a deal to merge their Italian mobile phone businesses, sources close to the deal said. A deal would help end a long and costly price war among l

MOVES-HSBC appoints Antonio Simoes CEO of HSBC Bank

Aug 4 (Reuters) - HSBC Holdings Plc appointed Antonio Simoes chief executive of HSBC Bank Plc and CEO for Europe, effective Sept. 1. Simoes, who will join the group management board, joined HSBC in 2007 from McKinsey & Co. He led HSBC's group strategy and M&A activities, and in 2009 a

BROKER RATINGS SUMMARY: Merrill Lynch Restarts IAG With Underperform

London pre-open: Europe likely to follow the US lower

(ShareCast News) - City sources predict the FTSE 100 will open 25 points lower than Monday's close of 6,688.62. Overnight markets were mixed with the US down and Asia up, but Europe has followed the US, London Capital Group night editor Jonathan Sudaria said. "Gains in Asia, and in particular

UPDATE 5-Bradesco to acquire HSBC Brazil unit, biggest-ever buy

* HSBC sells Brazil unit at higher-than-expected price * Deal helps Bradesco boost presence in high-end segment * Bradesco preferred shares fall 4 percent * HSBC struggled with competition, high costs in Brazil (Adds Breakingviews link) By Guillermo Parra-Bernal and AluÃ

London close: Weak China and US PMIs send FTSE lower

(ShareCast News) - Worse-than-expected manufacturing data in the US and China sent the FTSE lower at close on Monday. China's Caixin purchasing managers' index (PMI) on manufacturing activity, which was previously sponsored by HSBC, declined to a two-year low of 47.7 from June's 49.4 on a 100-point

REFILE-UPDATE 3-Bradesco to pay $5.2 billion for HSBC Brazil unit, biggest-ever buy

(Corrects second paragraph to say "Europe's largest bank" instead of "Europe's largest banks") * HSBC sells Brazil unit at higher-than-expected price * Deal helps Bradesco boost presence in high-end segment * Bradesco preferred shares fall 4 percent * HSBC struggled with c

HSBC's Janet Henry replaces Stephen King as global chief economist

LONDON, Aug 3 (Reuters) - HSBC has a new global chief economist as of Aug. 1, appointing Chief European Economist Janet Henry to the position after Stephen King chose to move to a consulting role with the bank. HSBC - Europe's biggest bank - said in an email seen by Reuters that King had de