HSBC Holdings Share News (HSBA)

Friday broker round-up

SAB Miller: Berenberg reiterates buy and 3,920 price target. IMI: Nomura reiterates reduce stance, lowers target to 1,115p from 1,175p. ITV: Barclays downgrades to equal-weight with 260p target. HSBC: Berenberg reiterates buy and lowers target to 750p from 790p. Hiscox: Canaccord Genuity reiterat

REUTERS SUMMIT-BoE says banks must comply with EU pay allowances rules

(For other news from Reuters Financial Regulation Summit, click on http://www.reuters.com/summit/FinancialRegulation15) By Huw Jones, Steve Slater and Matt Scuffham LONDON, May 15 (Reuters) - British banks must rewrite contracts for senior staff to comply with new European Union rules

REUTERS SUMMIT-BoE says UK banks making big changes to separation plans

* For other news from Reuters Financial Regulation Summit, click on http://www.reuters.com/summit/FinancialRegulation15 By Steve Slater, Matt Scuffham and Huw Jones LONDON, May 15 (Reuters) - British banks are still making big changes to how they will separate their retail businesses

Dividends Calendar - Week Ahead

REUTERS SUMMIT-HSBC boss says big banks need to show scale matters

(For other news from Reuters Financial Regulation Summit, click on http://www.reuters.com/summit/FinancialRegulation15) By Steve Slater and Sinead Cruise LONDON, May 14 (Reuters) - Being one of the two most important global banks offers benefits to customers and greater resilience, bu

Dividends Calendar - Week Ahead

RPT-INSIGHT-Sanctions-scarred banks may hold back Iran's economic relief

(Repeats story with no change to text) By Yeganeh Torbati, Anna Yukhananov and Karen Freifeld WASHINGTON/NEW YORK, May 14 (Reuters) - Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank exec

MOVES-Liquidnet hires Taylor from HSBC for fixed income sales

LONDON, May 14 (IFR) - Bond trading network Liquidnet has hired former HSBC bond salesman Mark Taylor as a senior member of the fixed income sales team. He will work with global head of fixed income Constantinos Antoniades and Jonathan Gray, head of fixed income in the Europe, Middle East and Af

INSIGHT-Sanctions-scarred banks may hold back Iran's economic relief

By Yeganeh Torbati, Anna Yukhananov and Karen Freifeld WASHINGTON/NEW YORK, May 14 (Reuters) - Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran'

BUZZ -Hang Seng Bank rises to near 7-yr high on stake sale in Chinese bank

** Hang Seng Bank rises 2.9 pct to highest since September 2008 ** Selling stake in China's Industrial Bank Co Ltd worth up to 16.8 bln yuan ** Hong Kong-based lender says net gain on stake sale estimated at HK$7.6 bln ** Benchmark Hang Seng Index down 0.1 pct (RM: donny.kwok

Itaú-led group sues Brazil's Schahin for $371 mln in overdue loans

BRASILIA, May 12 (Reuters) - Thirteen Brazilian and international banks filed a lawsuit in New York on Tuesday against two units of ailing engineering and oil conglomerate Grupo Schahin to recover $371 million in overdue principal and interest on loans. The lawsuit comes weeks after Schahin

Hang Seng Bank to sell $2.7 bln stake in China's Industrial Bank

HONG KONG, May 13 (Reuters) - Hang Seng Bank Ltd, a unit of HSBC Holdings, said it is selling a stake in China's Industrial Bank Co Ltd worth up to 16.8 billion yuan ($2.7 billion) to bolster its capital position and to fund expansion. The sale of the up to 4.99 percent stake is the second

Swiss banking to flourish after tax crackdown, says HSBC executive

ZURICH, May 12 (Reuters) - Switzerland's banks will benefit from the global crackdown on tax avoidance, the president of the country's association of foreign banks and head of HSBC's Swiss private banking arm said on Tuesday. The Alpine nation famed for its banking secrecy is bowing to int

Tuesday broker round-up

HSBC: Macquarie downgrades to underperform and lowers target to 520p from 600p. StanChart: Macquarie downgrades to underperform and lowers target to 850p from 950p. easyJet: Panmure Gordon reiterates buy with 2,000p target, Numis stays at buy with 2,100p target. Mitchells&Butlers: JP Morgan Cazeno

HSBC's Hang Seng To Sell Most Of Remaining Industrial Bank Stake