HSBC Holdings Share News (HSBA)

HSBC faces second grilling by UK lawmakers over Swiss tax scandal

LONDON, March 3 (Reuters) - HSBC's faces a second grilling by British lawmakers on Monday as fallout from the bank's Swiss tax scandal continues. Parliament's Public Accounts Committee said it will question HSBC Chief Executive Stuart Gulliver, former group general manager of its global pri

HSBC marks muted 150th birthday party with grain of rice sculptures

By Lawrence White HONG KONG, March 3 (Reuters) - HSBC Holdings Plc toned down celebrations for its 150th anniversary on Tuesday, centering events on Hong Kong where it was founded, after being rocked by allegations its Swiss unit helped clients dodge taxes. Celebrations include a lig

UPDATE 1-Barclays gives information to U.S. precious metals probe

* DoJ investigating precious metals ops at 10 banks -WSJ * Precious metals lawsuits pending in U.S. courts (Adds background, Barclays results) By Jan Harvey LONDON, March 3 (Reuters) - Barclays has been providing information to an investigation into precious metals by the U.S.

Ex-divs to take 14.46 points off FTSE 100 on March 5

LONDON, March 2 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-mak

UK BROKER RATINGS: Nomura Raises Pearson To Neutral From Reduce

Monday newspaper round-up: Scottish oil, HSBC, US army

The Scottish oil industry desperately needs state support to prevent drilling fields from becoming uneconomic and prematurely abandoned, Gordon Brown told The Guardian. MPs are set to question HSBC about its relationship with the leader of the BBC Trust after they found that the bank was paying her

Sunday newspaper round-up: Opec, HSBC, Afren bid battle

A fierce dispute is set to break out within the key organisation behind fixing world oil prices, according to the Sunday Telegraph. The Organisation of the Petroleum Exporting Countries (Opec) is torn about who will replace the current secretary general of the world's most powerful group of oil prod

HSBC not the troublemaker made out to be, rival Swiss banker says

ZURICH, Feb 28 (Reuters) - HSBC, in the spotlight after details emerged about how its Swiss unit allegedly helped clients dodge taxes, isn't the troublemaker it is currently depicted as, the head of a rival private bank was quoted saying on Saturday. "HSBC has been described as the troublem

India vows tough punishments to bring home 'black money'

NEW DELHI, Feb 28 (Reuters) - India said it plans tougher punishments including jail terms of up to 10 years for those who hide undeclared cash outside the country and for the banks and advisers who help them, as it tries to bring back illicit billions stashed abroad. In his budget address

Sector movers: Lloyds and StanChart gain but banking sector edges lower

The UK banking sector was slightly lower on Friday as well-received results from Lloyds and decent gains from Standard Chartered were offset by falls in the share prices of RBS, HSBC and Barclays. The sector was down around 0.5% on average. UK lender Lloyds was trading 1.1% higher despite 2014 resu

UPDATE 1-Bank of England turns up the heat on accounting firms

(Adds more detail, industry reaction) By Huw Jones LONDON, Feb 27 (Reuters) - The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank's regulation arm will monitor the accounting in

BUZZ-StanChart: shares jump another 5 pct

** Standard Chartered poised for their best 2-day gain in nearly 2-1/2 years after shares jump another 5 pct ** Sweeping management changes likely to be the catalyst for funds that had stayed away even as valuations got down to distressed levels, on Asian broker says, adding current strengt

BoE turns up the heat on accountants for banks

By Huw Jones LONDON, Feb 27 (Reuters) - The Bank of England (BoE) has turned up the heat on accounting firms used by banks, saying they must provide the central bank with written reports from November 2016 on their audits of Britain's main lenders. Policymakers questioned the accuracy

UPDATE 1-U.S. Senate panel backs Loretta Lynch as attorney general

(adds details) By Lindsay Dunsmuir WASHINGTON, Feb 26 (Reuters) - The U.S. Senate Judiciary Committee on Thursday voted to back Loretta Lynch as President Barack Obama's next attorney general, clearing way for her expected confirmation in the full Senate. The 20-member panel vot

UPDATE 1-Star Capital lines up sales of Pepcom, Eleclink -sources

(Adds detail, context) By Freya Berry and Arno Schuetze BERLIN, Feb 26 (Reuters) - European investment fund Star Capital is launching preparations to sell German cable group Pepcom and a separate deal to dispose of a stake in Eleclink, a company running a power cable connecting Britai