HSBC Holdings Share News (HSBA)

Lehman collapse shapes Bank of England's trading test for lenders

* Trading books of seven lenders to be tested * Intense selling pressure a major concern * Tests will gauge resilience for a five-year period By Huw Jones LONDON, May 26 (Reuters) - Britain's top banks will be tested this year for their ability to cope with the type of mar

UK corporation tax take from banks slumps despite profit rebound -study

LONDON, May 26 (Reuters) - Britain's banks have in recent years paid a third of the corporation tax they were paying less than a decade ago despite a rebound in profits, a study showed on Tuesday. The study comes as HSBC and Standard Chartered assess whether to move their headquarters to A

UK might tighten bank capital rules as economy peaks-BoE's Taylor

LONDON, May 26 (Reuters) - The next change to bank capital requirements in Britain is likely to be a tightening rather than a loosening as the economic recovery moves towards a peak, a Bank of England policymaker has said. Martin Taylor, a member of the BoE's Financial Policy Committee (FPC

London close: Stocks hit two-week high as blue chips rise

UK stocks reached a two-week high on Friday on the back of decent performances from heavyweights Vodafone and HSBC, along with gains in defensive categories such as pharmaceuticals. Markets across Europe were struggling to push higher on concerns about Greece, while Wall Street opened in the red on

Start-up British banks seeing better returns than larger rivals, says KPMG

New 'challenger' banks are outperforming the 'Big Five' high street banks, and the larger lenders need to examine better ways of standing out in the market, according to a report by KPMG. The reported said that new banks in the UK are securing stellar returns, as they pick up "the whitespace left be

FTSE 100 movers: Vodafone surges on continued merger speculation, miners higher

UK stocks were buoyed on Friday by higher commodity prices and data revealing the US had remained in deflation last month. Sector-wise gains made by miners, engineers and telecoms stocks outweighed weakness in technology and travel stocks. At 14:00 BST, the FTSE 100 was trading 37 points higher at 7

London midday: Stocks hold on to gains before US CPI, Vodafone continues to rise

UK stocks held on to gains on Friday ahead of some key economic data from the States, which is forecast to show that the US remained in deflation last month. Strong gains from Vodafone, HSBC and a host of stocks in the mining sector were supporting markets in London. The FTSE 100 was up 0.37% at 7,

LONDON MIDDAY BRIEFING: FTSE 100 Female CEOs To Rise To Six

TOP NEWS: Alison Brittain To Become Sixth Female CEO In FTSE 100

UPDATE 1-HSBC confirms may sell Brazil unit after suitors show interest

(Adds) HONG KONG/LONDON, May 22 (Reuters) - HSBC Holdings Plc is exploring the sale of its Brazilian unit after interest in the business stepped up and Santander's Brazilian arm said it would consider a purchase. HSBC said on Friday it was "exploring various strategic options" inclu

Misconduct bill tops $235 bln as banks struggle to shake off past sins

* Banks' bill for misconduct rises to over $235 billion * Critics say work still needed to change culture * http://graphics.thomsonreuters.com/15/bankfines/index.html By Steve Slater LONDON, May 22 (Reuters) - Twenty of the world's biggest banks have paid more than $235 bi

London open: Vodafone, HSBC and miners lead UK stocks higher

UK stocks opened higher on Friday morning and were on track to hit a two-week high ahead of another busy day for economic data. The FTSE 100 was trading up 0.41% at 7,042.57 early on, helped by decent gains from blue chips Vodafone and HSBC and the heavyweight mining sector. The index has not close

London pre-open: Subdued start expected ahead of economic data

UK stock markets were set for a quiet start on Friday as investors awaited a busy day on the economic data calendar. City sources predict the FTSE 100 will open flat on Thursday's close of 7,013.47, its highest close since 11 May. Macro indicators came in mixed the previous session, with manufactur

HSBC considering sale of Brazilian unit

HSBC has confirmed speculation that it is looking at a possible disposal of its Brazilian operations, though it has not yet made a decision. In a short statement on Friday morning, the global banking giant said: "HSBC confirms that it is exploring various strategic options for its operations in Braz

LONDON MORNING BRIEFING: Building Supply Stocks Buoyed By Upgrades