HSBC Holdings Share News (HSBA)

MOVES-Bothamley takes global helm for HSBC syndicate

By Helene Durand LONDON, May 7 (IFR) - Adam Bothamley has been appointed as global head of debt syndicate at HSBC, according to an internal memo seen by IFR. Bothamley's appointment follows a reshuffle at the bank last week in which Jean-Marc Mercier, the former head of global debt sy

UK bankers say election stalemate threatens to hit business lending

* Uncertainty could affect loan demand * Funding costs could increase for UK banks * HSBC, Standard Chartered fear further tax hike * Lloyds, RBS vulnerable to market share caps By Matt Scuffham LONDON, May 6 (Reuters) - Lack of a clear winner in Britain's national e

DIRECTOR DEALINGS: HSBC Senior Executives Sell Shares

UBS raises HSBC price target

UBS raised its price target on HSBC on Wednesday to 625p from 600p as it upgraded its forecasts following the company's first-quarter results. UBS raised its diluted earnings per share estimate for this year to $0.84 from $0.78 to incorporate the beat from better trading revenues and lower impairmen

LONDON MIDDAY BRIEFING: Glaxo Slashes Shareholder Payout Plans

HSBC sells UK probate services business to Simplify Channel

HSBC said one of its subsidiaries, HSBC Trust Company Limited (HTCU), has reached an agreement to sell its UK probate services business to Simplify Channel. In a short statement released on Wednesday, the FTSE 100 bank said as part of the transaction, which is expected to be finalised by the end of

WINNERS & LOSERS: J Sainsbury Slides As It Swings To Loss

BROKER RATINGS SUMMARY: Exane BNP Raises Vodafone To Outperform

HSBC Sells UK Probate Services Business To Simplify Channel Ltd

ON THE MOVE-Morgan Stanley lands 6 brokers from UBS, HSBC

NEW YORK, May 5 (Reuters) - Morgan Stanley said on Tuesday it hired six financial advisers since the start of May from rival brokerage firms UBS AG and HSBC Securities (USA) Inc, where they collectively managed $1.6 billion in client assets. Most of the advisers joined Morgan Stanley from

London close: FTSE hits one-month low as HSBC leads late sell-off

Underwhelming results from banking heavyweight HSBC offset a late rally in the mining sector on Tuesday, with UK stock markets dropping into the red by the close. The FTSE 100, which rose to a high of 7,053.18 early on, finished down 58.37 points (-0.84%) at 6,927.58. This was the index's lowest clo

LONDON MARKET CLOSE: Stocks Fall As Oil Prices Surge On Libya Worries

Overhaul, not sale, on the cards for HSBC's U.S. arm

By Steve Slater LONDON, May 5 (Reuters) - HSBC is set to extend a six year overhaul of its U.S. business to revive its fortunes rather than add it to the 77 businesses sold in the past four years, the British bank's boss said on Tuesday. HSBC Chief Executive Stuart Gulliver has said h

FTSE 100 movers: Aberdeen lower on accelerating outflows, HSBC underwhelms

Asset manager Aberdeen led the fallers as it reported an accelerating outflow of funds, with £11.3bn withdrawn by investors in the six months to 31 March. HSBC was trading lower, after underwhelming with its first-quarter results despite profits coming in ahead of expectations. Reported pre-tax prof

2ND UPDATE: HSBC To Decide On Headquarters Location By End Of Year