HSBC Holdings Share News (HSBA)

HSBC boss says EU banker bonus cap a 'retrograde' step

LONDON, Oct 21 (Reuters) - European rules to cap bankers' bonuses at twice fixed pay are "a retrograde step" that go against improvements in pay structure, the head of Europe's biggest bank HSBC said, adding he hoped authorities would find a better solution. "The proposals out of Europe in

UK Dividends Calendar - Week Ahead

Senior London-based FX traders leave Rabobank - bank official

(Adds background) By Jamie McGeever LONDON, Oct 20 (Reuters) - Two senior London-based currency traders at Dutch lender Rabobank have left the bank after an internal investigation into the bank's currency-trading practices, a Rabobank official familiar with the matter said on Monday.<

Banks are starting to look like utilities, Brewin Dolphin says

Britain's banks are becoming more like utilities as they focus on traditional retail banking rather than "casino" investment banking after the financial crisis, according to broker Brewin Dolphin. The banks are increasingly adopting characteristics common among defensive stocks like utilities, such

UK Dividends Calendar - Week Ahead

UPDATE 1-BoE's Cunliffe says banks may have to cut pay

(Adds more detail from speech) By Huw Jones LONDON, Oct 20 (Reuters) - Banks may have to cut pay because they are unlikely to see again the high rate of returns they enjoyed before the financial crisis, Bank of England Deputy Governor Jon Cunliffe said on Monday. Returns on equi

BoE's Cunliffe says banks may have to cut pay

LONDON, Oct 20 (Reuters) - Banks may have to cut pay because they are unlikely to see again the high rate of returns they enjoyed before the financial crisis, Bank of England Deputy Governor Jon Cunliffe said on Monday. Banks saw returns on equity (RoE) of 20 percent or more in before the 2

Monday broker round-up UPDATE

African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:

UK BROKER RATINGS: Rolls-Royce Hit By Price Target Cuts

PRESS: UK Banks To Take Forex Fines Hit Within Weeks - Sky News

UK Dividends Calendar - Week Ahead

Sunday newspaper round-up: Tesco, Shire, Greene King

The investigation into Tesco's £250m profit overstatement has found "inappropriate" behaviour largely confined to the first half of this year, the Sunday Times reported. The supermarket group is expected to say on 23 October that it will not have to restate previous years' results. The paper said th

UPDATE 1-BOC AT1 beats Asian record

(Adds lead banks in last paragraph) By Lianting Tu SINGAPORE, Oct 17 (IFR) - Bank of China braved a weak market this week to sell a landmark US$6.5bn offering of Basel III-compliant Additional Tier 1 preference shares and, with it, open the door to a new asset class for China. T

UK Dividends Calendar - Week Ahead

REFILE-UK Government targets 2.9% yield on debut renminbi bond

(Refiles to fix erroneous coding) By Lianting Tu SINGAPORE, Oct 14 (IFR) - The United Kingdom government has released price guidance on a debut three-year offshore renminbi bond at a yield in the area of 2.9%. The move follows an investor presentation in London yesterday by off