HSBC Holdings Share News (HSBA)

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

UPDATE 1-Banks boost FX settlement war chest to as much as $6.5 bln

(Adds Breakingviews link) By Jamie McGeever LONDON, Oct 31 (Reuters) - Major U.S. and European investment banks this month boosted to as much as $6.5 billion their collective war chest for settling with global regulators who are investigating allegations of collusion and manipulation

UPDATE 2-British banks buoyed by new rules on risk buffers

* BoE announces variable "leverage ratio" for UK lenders * Move aims to reduce risk banks would need public bailout * Ratio for big banks seen near 4 pct, can rise to 5 pct * Exact figures subject to size of bank, state of economy * Barclays shares jump 8 pct; RBS, HSBC, L

3rd UPDATE: UK Banks Face Higher Leverage Ratio Rule Under Proposals

UPDATE 5-Thousands denounce HSBC board member's likening of Hong Kong people to freed slaves

(Adds U.S. political history, last paragraph) By Anne Marie Roantree and Lisa Jucca HONG KONG, Oct 31 (Reuters) - Thousands have signed an online petition denouncing reported comments by an HSBC Holdings board member in which she likened Hong Kong protesters' demands for democracy to

UK Earnings, Trading Statements Calendar - Week Ahead

2nd UPDATE: UK Banks Face Higher Leverage Ratio Rule Under Proposals

Sector movers: Banking stocks surge on leverage ratio rules, RBS results

Banking stocks, already bolstered by stronger-than-expected quarterly results from RBS, received another big lift on Friday afternoon as the Bank of England unveiled softer-than-expected requirements for leverage ratios. The leverage ratio, a key gauge of a bank's ability to cushion itself against l

REFILE-Shares in Barclays up 7 pct after BoE leverage ratio delay

(Refiles to link to alerts) LONDON, Oct 31 (Reuters) - Shares in Barclays rose by 7 percent after Britain's financial regulator said banks had until 2019 to hit a new target that will cap the size of their businesses at about 20 times their equity. Banking sources had expected lenders