HSBC Holdings Share News (HSBA)

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HSBC reportedly to cut 230 jobs in Switzerland

Banking giant HSBC is set to cut approximately 260 jobs in its Swiss division over the next two years, as the business shifts to a new computer system. The London-listed group, one of the biggest lenders in the world, confirmed it was making a strategic investment in a new "core banking platform", a

HSBC to cut 260 jobs in Switzerland - media

GENEVA, April 29 (Reuters) - The Swiss arm of global bank HSBC is likely to cut around 260 jobs over the next two years, mainly in back office functions in Geneva, as it switches to a new computer system, Swiss newspaper reports said on Wednesday. The bank confirmed it was making a strategi

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Philippines' Ayala Land in talks with banks to raise up to $249 mln

MANILA, April 29 (Reuters) - Ayala Land Inc, one of the Philippines' biggest property developers, said on Wednesday it was talking to 10 banks about arranging lending of up to 11 billion pesos ($249 million) to partly finance capital expenditure this year. BDO Unibank Inc, Rizal Commercial

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Little impact from bank criteria change expected, says S&P

By Helene Durand and Natalie Harrison LONDON, April 28 (IFR) - A change in S&P's bank ratings methodology will have limited impact on the sector, the agency said on Tuesday after it published new criteria for incorporating additional loss-absorbing capacity (ALAC). The rating agency p

UPDATE 1-MOVES-HSBC makes new DCM appointments, Pascoe moves to treasury

(Updates with further DCM appointments) By Philip Wright LONDON, April 28 (IFR) - HSBC has appointed Bryan Pascoe as group treasurer, effective May 5. Pascoe is currently global head of debt capital markets (DCM), a position he has held since December 2010, prior to which he was

Swiss money laundering reports hit record high in 2014

MOVES-HSBC's Pascoe moves to group treasurer from DCM head

By Philip Wright LONDON, April 28 (IFR) - HSBC has appointed Bryan Pascoe as group treasurer, effective May 5. Pascoe is currently global head of debt capital markets, a position he has held since December 2010, prior to which he was global head of syndicate for five years and head of

Hong Kong move offers few clear benefits for HSBC

* Bank considering move from London to HK * China grip on Hong Kong a key factor for U.S. regulators * HSBC would have to reapply for banking licences * For graphic http://link.reuters.com/zav54w By Michelle Price and Huw Jones HONG KONG/LONDON, April 28 (Reuters) -

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LONDON MARKET CLOSE: Stocks Rise As Greece Fields New Team

HSBC and Standard Chartered not leaving London reckon brokers

Reports that HSBC was examining a potential flotation or sale of its UK high street bank led to its shares, and those of Standard Chartered, rising strongly on Monday. Analysts argued that the move looked to be politically motivated and was unlikely to happen in the short-term. Credit Suisse said a

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