HSBC Holdings Share News (HSBA)

UPDATE 1-UK banks face hefty credit card claims after pact with watchdog

* Some card insurance features unnecessary - regulator * Two million customers could be affected * Compensation could reach hundreds of millions of pounds (Adds consumer group comment) By Kirstin Ridley LONDON, Jan 27 (Reuters) - Around two million Britons who may have b

UK banks face hefty credit card claims after pact with watchdog

LONDON, Jan 27 (Reuters) - Around two million Britons who may have been mis-sold insurance to cover events such as credit card fraud will be asked to vote for a scheme that could cost top high street banks hundreds of millions of pounds in compensation. The scheme, which affects security pr

Broker tips: HSBC, Eastyjet, Dixons Carphone

HSBC's share price was under pressure on Tuesday after broker Investec lowered its rating for the stock from 'add' to 'hold', saying that the bank's upcoming fourth-quarter results could disappoint. The broker said that a weak showing from the bank on 23 February will "trigger downgrades", as it low

London midday: Airlines rise, but FTSE lower after weak data, macro concerns

Weaker-than-expected UK data and concerns over Russia weighed on London's stock exchange on Tuesday, as the market pulled back from its highest level in over four and a half months. US stock futures were also heading lower ahead of the opening bell on Wall Street as tech giant Microsoft underwhelmed

UK MIDDAY BRIEFING: EasyJet, IAG Flying High

UK WINNERS & LOSERS: Afren Plunges On Funding Issues

TOP NEWS: Aer Lingus Board Recommends IAG Takeover Offer

UPDATE: FCA In Card Security Compensation Deal With High Street Banks

Investec expects "disappointing" Q4 results from HSBC, downgrades to 'hold'

HSBC's share price was under pressure on Tuesday after broker Investec lowered its rating for the stock from 'add' to 'hold', saying that the bank's upcoming fourth-quarter results could disappoint. The broker said that a weak showing from the bank on 23 February will "trigger downgrades", as it low

FCA Agrees Deal With High Street Banks Over Card Security Compensation

Complaints over mis-sold loan insurance by British banks decline

* UK banks have set aside $36 billion for compensation * Ombudsman has warned payouts to continue for years LONDON, Jan 27 (Reuters) - The number of complaints received by Britain's Financial Ombudsman Service about the mis-selling of loan insurance by banks and other financial servic

UPDATE 1-UK Post Office creates Money brand to bolster growth aims

* To bring all services under Post Office Money brand * Seeks to be major financial services provider by 2020 * Britain wants challengers to take on biggest banks (Adds details, quotes from director) By Matt Scuffham LONDON, Jan 26 (Reuters) - Britain's Post Office said

Silver surfers join UK mobile banking boom

LONDON, Jan 26 (Reuters) - Some British banks are seeing stronger growth in mobile and internet banking from customers in their 70s and 80s than younger generations, a study showed on Monday. Nearly 2.3 million people aged over 70 are now using internet banking, or 30 percent of that age gr

UK BROKER RATINGS: Goldman Cuts Antofagasta, Raises Anglo American

RPT-Bankers say big is beautiful, safe and economic

(Repeats Thursday story without change) By Alexander Smith DAVOS, Jan 22 (Reuters) - Europe's bankers defended the big bank model this week in Davos as the mounting cost of regulation puts a question mark over its future. Big complex banks must now hold far more capital than in