HSBC Holdings Share News (HSBA)

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

Star Capital lines up sales of Pepcom, Eleclink -sources

BERLIN, Feb 26 (Reuters) - European investment fund Star Capital is launching preparations for a sale of German cable group Pepcom as well as of a stake in Eleclink, a company running a power cable connecting Britain and France, two people familiar with the matter told Reuters. Star Capital

REFILE-Banks take hit on Proserv buyout loans

(Refiles to fix tag in headline) By Jonathan Schwarzberg, Mariana Santibanez and Lisa Lee NEW YORK, Feb 25 (TRLPC/IFR) - Banks that underwrote a secondary buyout of U.K.-based undersea energy services company ProServ Ltd made a big loss on the $480 million of debt backing the deal, ma

BUZZ-StanChart: its still winter

** Standard Chartered unable to hold on to their early gains and slip to day's lows ** Following news of boardroom shake-up shares opened 3.7 pct higher, partly on short-covering, before paring gains to last trade up less than 1 pct ** Heavy volumes with more than a $100 mln traded i

Thursday newspaper round-up: HSBC, RBS, Pharmacyclics

HSBC boss Stuart Gulliver apologised to MPs on Wednesday for the "unacceptable events" at the bank's Swiss subsidiary following revelations about tax-avoidance activities in the mid-2000s, reports The Independent. He said it had caused "damage to trust and confidence" in the company. RBS's chief exe

Venezuela to ask HSBC to name officials with Swiss bank accounts

CARACAS, Feb 25 (Reuters) - Venezuela will ask British bank HSBC Holdings PLC for a list of state officials who have accounts in its Swiss subsidiary, a prosecutor said on Wednesday, following media reports that Venezuelans were among the bank's leading clients. Venezuela and its citizens h

UPDATE 3-HSBC bosses reject calls to quit after "terrible list" of problems

* HSBC is more than halfway through clean up, more to do * Bosses reject calls from MPs to step down * Chairman, CEO say take collective blame for failings (Adds HMRC announcement on meeting, Breakingviews link) By Steve Slater and Huw Jones LONDON, Feb 25 (Reuters) - HS

UK tax authority and prosecutors to discuss HSBC files

LONDON, Feb 25 (Reuters) - The UK tax authority said prosecuting and regulatory agencies would meet next week to discuss leaks of account information from clients who used a Swiss subsidiary of HSBC bank to evade tax. Her Majesty's Revenue and Customs (HMRC) and other agencies have been und

HSBC CEO repeats apology, says used Swiss bank to keep pay details private

LONDON, Feb 25 (Reuters) - HSBC boss Stuart Gulliver has apologised to lawmakers for past failings at its Swiss private bank that allegedly allowed clients to dodge taxes. Responding to questions from a cross-party panel of UK politicians who oversee the financial industry, CEO Gulliver als

Former Greek finance minister stands trial over tampering with tax-dodger list

ATHENS, Feb 25 (Reuters) - Former Greek finance minister George Papaconstantinou went on trial on Wednesday on charges of tampering with a list of alleged tax evaders in a case that aroused anger among a public hit by austerity policies and economic crisis. Papaconstantinou, who served unde

CORRECTED-Bulgarian parliament backs 8 bln euro overseas debt plan

(Changes currency in headline to euros from dollars) SOFIA, Feb 25 (Reuters) - The Bulgarian parliament on Wednesday approved a government plan to raise 8 billion euros in new debt through overseas bond sales over three years, according to televised proceedings. The European Union's p

HSBC boss set to face grilling by UK MPs over tax scandal

The head honcho of HSBC is set be grilled by Ministers of Parliament on Wednesday over the bank's controversial Swiss operations and his own personal financial affairs, according to press reports. Chief executive Stuart Gulliver has been summoned at the 11th hour by the House of Commons Treasury Sel

UK BROKER RATINGS: Goldman Sach Cuts Gulf Keystone To Sell

UK Jan mortgage approvals rise for first time since June - BBA

LONDON, Feb 25 (Reuters) - Mortgages approved by British banks rose in January for the first time since June, although they were still around a quarter below their level a year previously, the British Bankers' Association said on Wednesday. Mortgage approvals for house purchase rose to 36,3