HSBC Holdings Share News (HSBA)

Agile Property gets critical extension for part of $475 mln loan

HONG KONG, Oct 27 (Reuters) - Struggling Chinese developer Agile Property Holdings Ltd has obtained a critical 12-month extension to repay what remains of a $475 million loan due in December, the company said in a stock exchange filing. Banks including HSBC Holdings, Standard Chartered and

UK Banks Pass Stress Tests

Royal Bank of Scotland will continue Ulster support, responds to stress test success

The Royal Bank of Scotland (RBS) is rumoured to firmly back Irish counterpart Ulster Bank after a recent upswing in value, despite reports that RBS was looking to "seek a sale or outside investment", according to the Sunday Telegraph. The bank's chief executive Ross McEwan has hinted that he would l

UK bank stress test capital measure changed late in process-sources

By Steve Slater and Huw Jones LONDON, Oct 24 (Reuters) - Britain's regulator told banks this week they must use a stricter measure of how they measure capital under a health check of lenders that will be released on Sunday, people familiar with the matter said. The European Banking Au

MOVES-HSBC, Credit Suisse, Sberbank

Oct 24 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. HSBC HOLDINGS PLC The London-based lender's global head of equity strategy Garry Evans will leave after 16 years at th

MOVES-HSBC says veteran stock strategist Garry Evans to leave -memo

HONG KONG, Oct 24 (Reuters) - HSBC Holdings PLC's global head of equity strategy Garry Evans will leave after 16 years at the bank, the British-based lender said in an internal memo seen by Reuters on Friday. Evans joined HSBC in 1998 as a strategist in Japan before moving to Hong Kong wh

Societe Generale to move London offices to Canary Wharf

French bank Societe Generale is set to join some of its competitors in Canary Wharf, one of London's main financial districts. On Thursday, the lender, which has currently six offices in London, announced it had signed a contract to lease eight of the 26 floors of a new building at One Bank Street,

UPDATE 1-Bank of England sets out tough regime for failed banks

* Top executives of failed banks to be fired on the spot * Creditors to be told of losses within 48 hours * New regime would have avoided taxpayer bailout of RBS (Adds detail, comment) By Huw Jones LONDON, Oct 23 (Reuters) - Top managers of a failed bank would be replace

Bank of England sets outs blueprint for dealing with failed banks

LONDON, Oct 23 (Reuters) - Managers of a failed bank would be replaced immediately and creditors told they will suffer losses, the Bank of England said on Thursday in its blueprint for avoiding taxpayer bailouts in future financial crises. The Bank set out for the first time the steps it wo

UK MORNING BRIEFING: Tesco, Tullow Oil And Unilever Lead Declines

Tesco Bank lifts profit in first half as lending grows

LONDON, Oct 23 (Reuters) - Tesco Bank said its trading profit increased by 15.9 percent to 102 million pounds ($164 million) in the six months to the end of August, driven by a strong increase in lending. The bank, which is owned by Britain's biggest retailer, said on Thursday customer numb

Philippine retailer SSI prices $166 mln IPO at top end of guidance

MANILA, Oct 23 (Reuters) - Philippine specialty retailer SSI Group Inc priced its initial public offering (IPO) at the top end of its indicative range, allowing it to raise $166 million in the country's third and biggest maiden share sale this year. The offer price was set at 7.50 pesos ($0

Talent shortage drives pay up in UK financial services, tech sectors

* Hiring back to pre-recessionary levels - survey * Professional services wages up 2.6 pct yr-on-yr - survey * Firms struggle to find skilled candidates LONDON, Oct 23 (Reuters) - A talent shortage in Britain's financial services and technology sectors has pushed salaries in the

MOVES- HSBC, Capital Group, BNP Paribas, Kohlberg Kravis Roberts

(Adds Snowden Lane, Janney Montgomery, U.S. Bank) Oct 22 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. SNOWDEN LANE PARTNERS Jesse Clinton and Phillip Pedrena joi

UPDATE 1-BoE's Bailey: too late to revise allowances for 2014 bank bonuses

(Adds more detail, comments) By Huw Jones LONDON, Oct 22 (Reuters) - It is too late to change the allowances paid to top banking staff that have been deemed to breach European Union law, a senior Bank of England official said on Wednesday. The EU's banking watchdog, the European