HSBC Holdings Share News (HSBA)

HSBC delivers strong Q3 but provisions can't be ignored, says Hargreaves Lansdown

Hargreaves Lansdown Stockbrokers has hailed a "strong operating quarter" for HSBC, but has said that analysts covering the stock remain on the fence due to regulatory issues. HSBC said on Monday that pre-tax profit in the third quarter rose 2% to $4.6bn but that underlying pre-tax profit was down 12

BUZZ-HSBC: trading update sets bank up for choppy ride

** Choppy morning for HSBC following earnings report showing 12 pct drop in underlying Q3 earnings. ** Costs up, sets aside $378 mln to pay potential fine from the UK regulator for alleged manipulation of currency markets. ** Hargreaves Lansdown's head of equities Richard Hunter said

UPDATE: HSBC Pretax Profit Rises, Despite Numerous Charges And Provisions

HSBC says only detailed FX settlement talks are with UK regulator

LONDON, Nov 3 (Reuters) - HSBC Holdings said Britain's regulator was the only authority it was holding "detailed" settlement discussions with over allegations of the manipulation of currency markets. HSBC made a $378 million provision on Monday for possible settlements over alleged foreign

Airlines boost Britain's FTSE after Ryanair lifts profit outlook

* FTSE 100 up 0.1 pct * easyJet, IAG among top risers * HSBC falls after latest update By Alistair Smout EDINBURGH, Nov 3 (Reuters) - Britain's top share index received strong support from airlines on Monday after Irish peer Ryanair lifted its profit forecast, though gains

HSBC Pretax Profit Rises, Despite Numerous Charges And Provisions

UK MORNING BRIEFING: Discount Airlines Support London Stocks

HSBC sets aside $378 mln for FX probe settlement

LONDON, Nov 3 (Reuters) - HSBC Holdings set aside $378 million to pay a potential fine from the UK regulator for alleged manipulation of currency markets, as Europe's biggest bank reported a 12 percent fall in underlying earnings after costs rose. HSBC on Monday reported an underlying preta

HSBC underlying Q3 profits fall 12% - UPDATE

HSBC reported a 2% rise in third quarter pre-tax profit to $4.6bn but said underlying pre-tax profit was down $595m or 12% to $4.4bn against the same period last year. Reported pre-tax profit in the nine months was down 9% at $16.9bn compared with $18,6bn in the same period last year. Underlying pre

London open: UK stocks fluctuate at four-week high on China data, HSBC results

UK stocks opened cautiously on Monday, with upside limited by disappointing economic data from China and poorly-received results from HSBC after the banking group reported a drop in underlying third-quarter profits. The FTSE 100 was 0.1% higher at 6,554 in early deals, after having closed Friday's s

MARKET COMMENT: UK Stocks To Open Down Ahead Of Europe PMI Data

UK Earnings, Trading Statements Calendar - Week Ahead

S.Korea c.bank selects 12 market makers for yuan-won market

SEOUL, Oct 31 (Reuters) - South Korea designated 12 banks including Deutsche Bank, Industrial and Commercial Bank of China, JP Morgan Chase & Co and HSBC as market makers for direct yuan-won transactions, which will kick-off in mid-December, the Bank of Korea said on Monday. Other banks se

Bahrain fund Mumtalakat sets up $1 bln bond, sukuk programmes

Nov 3 (Reuters) - Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year. One of the smaller sovereign wealth funds in the Gulf region, Mumtalakat holds

MARKET COMMENT: Stocks End October On Front Foot As Banks Rally