HSBC Holdings Share News (HSBA)

Stemcor sells stockholding unit as talks to sell core continue

By Maytaal Angel LONDON, March 20 (Reuters) - UK-based Stemcor has sold its steel stockholding business for an undisclosed amount to MBM Group Services Limited as talks to sell its core steel trading operations continue. The private firm, founded by Hans Oppenheimer and still majority

UPDATE 1-Goldman, UBS join ex-"fixing" banks for new LBMA gold price

* LBMA benchmark replaces the London gold fix * ICE Benchmark Administration operating new process (Adds background, comment) By Jan Harvey LONDON, March 20 (Reuters) - The new London Bullion Market Association (LBMA) Gold Price went live for the first time on Friday, with Gol

CORRECTED-Britain's bankers to put wallets first in 'nightmare' election

(In first paragraph corrects to May from next month) * EU vote and anti-business rhetoric weighs on banks * Contingency planning for 'Brexit' underway * Dublin seen as possible venue for relocation * Domestic banks fear Labour's market share cap * Banks to become mor

Britain's bankers to put wallets first in 'nightmare' election

MEDIA-Barclay brothers' business revamped debt scheme involving HSBC - FT

-- Source link: (http://on.ft.com/1B6R9f6) -- Note: Reuters has not verified this story and does not vouch for its accuracy

UPDATE 1-Telefonica lines up nine banks for 3 bln euro capital hike- source

(Adds detail, context) LONDON, March 19 (Reuters) - Spanish telecoms firm Telefonica has lined up nine banks to run its 3 billion euro ($3.2 billion) capital increase in connection with its purchase of Vivendi's Brazilian unit GVT, a source familiar with the matter said on Thursday. U

Telefonica lines up nine banks for 3 bln-euro capital hike- source

LONDON, March 19 (Reuters) - Spanish telecoms firm Telefonica has lined up nine banks to run its 3 billion-euro ($3.2 billion) capital increase in connection with its purchase of Vivendi's Brazilian unit GVT, a source familiar with the matter said on Thursday. UBS, Morgan Stanley and JP Mor

UPDATE 1-New era of gold benchmarking to start with six pioneers

* ICE Benchmark Administrator to replace gold fix on March 20 * Four chairs to rotate during first 6 months - source (Updates with exact number of participants, comments) By Clara Denina LONDON, March 19 (Reuters) - Six institutions will start setting gold prices electronicall

Lord Green expresses 'dismay' over HSBC tax scandal -Channel 4

March 19 (Reuters) - Former Chief Executive of HSBC Holdings Plc Lord Green expressed his "dismay and regret" when questioned about tax evasion and avoidance at the bank's Swiss branch by Channel 4 on Wednesday. "I share with my colleagues who've been before the select committee recently th

MEDIA-Lord Green expresses "dismay and regret" over HSBC tax scandal - Channel 4

-- Source link: (http://bit.ly/1B2esqn) -- Note: Reuters has not verified this story and does not vouch for its accuracy

New era of gold benchmarking to start with handful of pioneers

* ICE Benchmark Administrator to replace gold fix on March 20 * Four chairs to rotate during first 6 months - source By Clara Denina LONDON, March 19 (Reuters) - A handful of banks will start setting gold prices electronically on Friday, sources with direct knowledge of the matt

HSBC confirms PwC will take over as auditor from March 31

LONDON, March 18 (Reuters) - British bank HSBC said PricewaterhouseCoopers (PwC) will take over as its auditor at the end of this month. HSBC announced in August 2013 it would replace its long-term auditor KPMG with PwC after a competitive tender process, and had said the change would take

Wednesday broker round-up

Johnson Matthey: Deutsche Bank reiterates buy and 3,850p target. BAE Systems: Morgan Stanley lifts target to 570p from 515p and reiterates equalweight. BT Group: Nomura and UBS reiterate buy. Ashtead Group: UBS raises target to 1,130p from 1,070p and reiterates neutral. Rotork: Morgan Stanley imp

HSBC Picks PwC To Replace KPMG As Auditor

London midday: StanChart, energy stocks lead gains ahead of Budget statement

Stocks were putting in decent gains on Wednesday ahead of the UK Budget and Federal Reserve policy meeting, with the FTSE 100 nearing the 6,900 level. Markets were mostly shrugging off slightly worse-than-expected labour-market data in morning trade, as the jobless rate in Britain unexpectedly held