HSBC Holdings Share News (HSBA)

MEDIA-HSBC to discontinue retail banking in Brazil and Turkey - FT

-- Source link: (http://on.ft.com/1OP9K8G) -- Note: Reuters has not verified this story and does not vouch for its accuracy

AGM, EGM Calendar - Week Ahead

MEDIA-HSBC demotes top US banker after monitor blasts 'combative' culture -NYPost

-- Source link: (http://bit.ly/1NKU5KE) -- Note: Reuters has not verified this story and does not vouch for its accuracy

Wednesday newspaper round-up: Chinese GDP, Google, HSBC

Economic growth in China slowed down to just 7% in the first quarter, representing the lowest pace of expansion in six years, according to the Financial Times. This compared with 7.3% growth in the fourth quarter. Europe is set to file formal charges against Google for violating antitrust laws, The

Tuesday broker round-up

Marks&Spencer: UBS reiterates buy and lifts target price to 625p from 590p. HSBC: Credit Suisse reiterates underweight stance and Investec its recommendation to sell. Barclays: Credit Suisse reiterates neutral and 250p target. Tesco: Deutsche reiterates buy and 275p target price. Royal Dutch Shel

HSBC starts search for new non-executives -source

LONDON, April 14 (Reuters) - HSBC has appointed headhunters to find new non-executive directors in an effort to freshen up its board, a person familiar with the matter said on Tuesday. Europe's biggest bank has previously said its next chairman will be an external candidate, and Sky News sa

Broker tips HSBC, Shell, BP, Morrisons, Tullow, Aberdeen

Investec has recommended investors to 'sell' shares of global banking giant HSBC, downgrading the stock from 'hold' after a "very disappointing" set of annual results last month. In spite of the weak results, which were some 33% below consensus, HSBC's UK shares have rebounded 10% over the past mont

Investec cuts HSBC to 'sell' and slashes profit forecasts

Investec has recommended investors to 'sell' shares of global banking giant HSBC, downgrading the stock from 'hold' after a "very disappointing" set of annual results last month. The broker said that it sees limited value across the whole UK banking sector and advised against adding to position in a

BROKER RATINGS SUMMARY: Investec Downgrades HSBC To Sell From Hold

London close: Stocks retreat from record with investors nervous ahead of busy week

Decent gains from financial stocks were outweighed by heavy falls in the mining sector on Monday as the UK equity market pulled back from a record high reached last week. Political uncertainty and nervousness ahead of busy week had prompted a bout of profit-taking in London, with the FTSE 100 down 0

UBS sees HSBC, peers under pressure to exit some emerging markets

SAO PAULO, April 13 (Reuters) - HSBC Holdings Plc is among global lenders facing pressure to exit underperforming businesses in emerging markets nations from Brazil and Mexico to South Korea, creating opportunities for local banks to assert control of their home turf, analysts at UBS Securities s

CORRECTED-Ricci perfumes heiress found guilty in HSBC tax fraud case

(Corrects to show two years suspended not one year in second paragraph) PARIS, April 13 (Reuters) - A Paris court on Monday found the heiress of the Nina Ricci perfume and fashion business guilty of tax fraud in a high-profile trial prompted by leaked lists of people who used the services o

Nina Ricci heiress found guilty of tax evasion in HSBC tax scandal investigation

Nina Ricci's heiress Arlette Ricci was on Monday sentenced for one year in prison after being found guilty of tax fraud. The granddaughter of perfume and fashion designer Nina Ricci was sentenced to three years in prison, with two of them suspended, and will also pay a €1m fine for trying to hide mi

FTSE 100 movers: Miners hit by sector-wide downgrades

Citigroup downgraded its stance on the mining sector on Monday to 'neutral' from 'bullish', saying that upside is "now capped" by weaker iron ore prices. Citigroup now expects iron ore price to $45 per tonne in 2015 and $40 per tonne in 2016. Consequentially, the bank lowered its ratings on BHP Bill

Broker tips: Mining stocks, HSBC, BG Group, Pearson

Citigroup downgraded its stance on the UK metals and mining sector on Monday to 'neutral' from 'bullish' after cutting its short and medium term outlook for iron ore. Citi now expects iron ore price to $45 per tonne in 2015 and $40 per tonne in 2016 and said "upside in the sector is now capped". Th