HSBC Holdings Share News (HSBA)

U.S. Federal Reserve investigating bank conduct in forex markets

WASHINGTON, Nov 12 (Reuters) - The U.S. Federal Reserve is investigation possible improper conduct in foreign exchange markets by large banking institutions, a spokesman said on Wednesday. The Fed is working closely with authorities in the United States, including the Justice Department, an

US STOCKS-Futures lower after latest Dow, S&P records

* Macy's, Cisco earnings due * BB&T to buy Susquehanna Banchshares for $2.5 bln * Wholesale inventory data due * Futures off: Dow 58 pts, S&P 7.25 pts, Nasdaq 12.25 pts By Chuck Mikolajczak NEW YORK, Nov 12 (Reuters) - U.S. stock index futures were lower on Wednesday

London midday: Stocks retreat from six-week high on earnings, BoE outlook

UK equities pulled back from a six-week high on Wednesday as a string of disappointing corporate earnings and a gloomier outlook by the Bank of England dampened sentiment. News of a massive fine in the banking sector also caused blue-chip lenders to fall sharply on London's stock market. The FTSE 1

TOP NEWS: UK Unemployment Falls To 6% And Inflation Seen Weak

MOVES-HSBC, Walker Crips, J.C. Rathbone

Nov 12 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. HSBC HOLDINGS The bank's head of banking for the Middle East and North Africa (MENA) has left the bank after a deca

MARKET COMMENT: UK Shares Sink As Regulators Fine Five Banks

3RD UPDATE: RBS, HSBC Among Five Banks Fined Over Foreign Exchange Rigging

REACTIONS 5-Banks fined after foreign exchange probe

(Adds UK minister, Treasury committee members) LONDON, Nov 12 (Reuters) - Five of the world's biggest banks will pay almost $3.4 billion in penalties to British, U.S. and Swiss authorities for alleged manipulation of foreign exchange rates. Here are reactions to the fines: GEORG

UK watchdog says Barclays only bank left in its forex probe

LONDON, Nov 12 (Reuters) - Britain's Financial Conduct Authority said Barclays was the only bank it was still investigating in relation to alleged manipulation of currency markets. "Barclays is the only bank that we are currently investigating from an enforcement perspective," FCA director

UK's FCA says banks fined for forex failings must review bonuses

LONDON, Nov 12 (Reuters) - Banks that have been fined for attempting to manipulate currency markets should "think hard" about the bonuses they will be handing out to staff, Britain's Financial Conduct Authority said on Wednesday. Clive Adamson, director of supervision at the FCA, told a new

2ND UPDATE: RBS, HSBC Among Five Banks Fined Over Foreign Exchange Rigging

UK MORNING BRIEFING: London Market Lower Amid Bank Fines

London open: FTSE snaps five-day winning streak ahead of Inflation Report, banks fall

UK stocks declined on Wednesday, snapping a five-day winning streak that sent the FTSE 100 to a six-week high, as investors digested a wave of corporate earnings and awaited the Bank of England's (BoE) Inflation Report. News of a massive fine across the UK banking sector was also dragging high stree

Barclays underperforms as Europe banks dip after forex probe penalty

LONDON, Nov 12 (Reuters) - European banking shares fell on Wednesday after global regulators imposed penalties totalling $3.4 billion on five major banks in a landmark settlement over allegations of price fixing in the foreign exchange market. Shares in Barclays featured among the biggest l

RPT-UPDATE 2-Regulators fine global banks $3.4 bln in forex probe

By Kirstin Ridley and Joshua Franklin LONDON/ZURICH, Nov 12 (Reuters) - Global regulators imposed penalties totalling $3.4 billion on five major banks, including UBS, HSBC and Citigroup, on Wednesday for failing to stop their traders from trying to manipulate foreign exchange markets. Read more