HSBC Holdings Share News (HSBA)

Broker tips: HSBC, Reed Elsevier

Shares in HSBC fell 0.8% on Tuesday after the company outlined a round of job cuts and branch closures in its latest investor update. Shore Capital said the update was "rather uninspiring", and essentially reaffirms previously-held commitments around costs, returns and dividend policy, while aiming

3RD UPDATE: HSBC Aims To Cut USD5.0 Billion From Cost Bill In 2.5 Years

HSBC's "Asia pivot" shortens odds of Hong Kong HQ move

By Denny Thomas and Lawrence White HONG KONG, June 9 (Reuters) - By pinning its hopes for growth on Asia, and China's Pearl River Delta region in particular, the reasons in favour of HSBC shifting its headquarters to Hong Kong are piling up. Under a new strategy that will see it lose

TOP NEWS: HSBC Wields Axe As Gulliver Sets Out Turnaround Plan

LONDON MARKET COMMENT: Stocks Lower As Greece Submits New Proposals

HSBC to cut up to 8,000 UK jobs and rebrand British branches

* Between 7,000 and 8,000 jobs to go in UK * CEO says too early to say if group will keep UK business * Control over dividend, strategy key factor in decision * To consult with staff, customers over planned name change By Matt Scuffham LONDON, June 9 (Reuters) - HSBC

London open: Traders watching Greek negotiations closely

London stocks registered early gains although traders were still treading cautiously given the delicate state of the negotiations between Greece and its creditors. As of 09:09 the Footsie was higher by 1.86 points to 6,791.90 points. "The fact that we're seeing technical support levels [across Euro

HSBC will rebrand UK retail bank, says to cut up to 8,000 UK jobs

HSBC update fails to provide any real surprises, say analysts

Shares in HSBC fell 1.1% on Tuesday after the company outlined a round of job cuts and branch closures in its latest investor update. Shore Capital said the update was "rather uninspiring", and essentially reaffirms previously-held commitments around costs, returns and dividend policy, while aiming

HSBC "in foothills of prolonged period of dividend growth" -CEO

LONDON, June 9 (Reuters) - HSBC is on the verge of a prolonged period of dividend growth, its chief executive said on Tuesday. "The dividend grew for 17 years from 1991 to 2008 and I believe that we are in the foothills of another prolonged period of dividend growth for the firm," CEO Stuar

LONDON MORNING BRIEFING: RELX And Morrisons Bought; Pets At Home Sold

Tuesday newspaper round-up: HSBC, Supermarkets, Pets at Home

HSBC is to cut up to 25,000 jobs around the world - including as many as 8,000 in the UK - as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders. Gulliver has already cut the total head count to 257,000 from 296,000 but on Tuesday si

London pre-open: FTSE to continue lower amid Greece fears

London-listed stocks were expected to begin Tuesday's session on the back foot, extending losses into their fourth day. City sources predict the FTSE 100 will open around 9-10 points lower than Monday's close of 6,790.04. "The fact that we're seeing technical support levels [across Europe] being br

LONDON MARKET COMMENT: Stocks To Open Lower As Greek Talks Drag On

HSBC targets $5bn in annual cost savings by 2017

HSBC on Tuesday announced a round of job cuts and branch closures with the aim of saving between $4.5bn to $5bn in annual costs by 2017. Branches in seven major markets including the UK will be closedUp to 25000 jobs set to goStrategic aim is to expand Asian footprintIn a statement issued to the Hon