HSBC Holdings Share News (HSBA)

UPDATE 2-HSBC sets price talk on debut dollar CoCos

(UPDATES WITH MORE COMPS) By Helene Durand and Danielle Robinson LONDON/NEW YORK, Sept 9 (IFR) - HSBC Holdings started to gauge investor interest on a long-awaited inaugural contingent convertible (CoCo) transaction on Tuesday. The deal includes dollar and euro denominated Addit

MOVES-Gottex taps ex-HSBC exec to develop multi asset unit

LONDON, Sept 9 (Reuters) - Gottex Fund Management has hired former HSBC executive James Hughes to help develop institutional business for its multi asset investment unit. Hughes will join the Swiss money manager in October and report to Michael Azlen, the firm said in a statement on Tuesda

HSBC sets price talk on debut dollar CoCos

By Shankar Ramakrishnan NEW YORK, Sept 9 (IFR) - HSBC Holdings has started to gauge investor interest on a long-awaited inaugural dollar-denominated contingent convertible (CoCo) bond deal on Wednesday. The trade is coming in the form of two perpetual non-call tranches, one running up

HSBC begins marketing inaugural euro CoCo

By Helene Durand LONDON, Sept 9 (IFR) - HSBC Holdings has started to gather investor interest for an inaugural CoCo, at 5.5% for a euro denominated perpetual non-call eight year Additional Tier 1 issue. The deal is expected to be priced as early as Wednesday. The UK bank is expe

HSBC releases structure details for inaugural CoCo

By Aimee Donnellan LONDON, Sept 9 (IFR) - HSBC has released the structure details for its inaugural contingent convertible (CoCo) bond that could emerge as early as Wednesday. Europe's largest bank by assets is planning to sell Additional Tier 1 perpetual US dollar bonds callable afte

PRESS: UK's Big Banks Cut Lending By GBP364.7 Million - Bloomberg

London midday: UK stocks sink on fears over Scottish referendum, Ukraine

Concerns surrounding the upcoming referendum on Scottish independence and a fragile ceasefire agreement in Ukraine were weighing heavily on UK stocks on Monday. London's FTSE 100 was trading down 1% at 6,789 by midday. The index has not closed below the 6,800 mark since 22 August when it settled at

UPDATE 1-EU's Barnier seeks result of probe into banker allowances by end of Sept

* EU financial services chief fast-tracks response * UK bankers say pay is shareholder, not political matter * Britain takes bonus legal challenge to top EU court (Adds watchdog, banker reaction, background) By Huw Jones LONDON, Sept 8 (Reuters) - Banks use of so-called

London open: AB Foods leads UK stocks lower early on

UK stocks fell on Monday morning on the back of uncertainty surrounding the ceasefire in Ukraine and the Scottish referendum. The FTSE 100 was trading 0.3% lower at 6,834 in early trading, with Associated British Foods leading the fallers after an underwhelming pre-close update. Markets were in the

UPDATE: Hyder Consulting Approves Raised Arcadis Takeover Offer

Arcadis Raises Hyder Consulting Offer Again As It Ups Stake Past 25%

London open: Stocks fall as investors turn cautious ahead of US non-farm payrolls

The FTSE 100 was trading 0.1% lower at 6,869 in early trading. The Footsie edged higher on Thursday to close at 6,877.97, its highest finish since 14 May when it settled at 6,878.49. Nevertheless, during the session the index reached a high of 6,904.86, its highest intraday level since the record 6

An Alaska pension fund sues banks over rate manipulation allegations

By Jonathan Stempel NEW YORK, Sept 4 (Reuters) - Thirteen of the world's biggest banks have been accused by an Alaska pension fund of breaking U.S. antitrust and commodities laws by rigging an interest rate benchmark used to price many financial instruments in the $710 trillion derivatives

UPDATE 3-Big banks must face U.S. swaps price-fixing lawsuit

(Adds ISDA and Markit comments, paragraph 9) By Jonathan Stempel NEW YORK, Sept 4 (Reuters) - A Manhattan federal judge said on Thursday that investors may pursue a lawsuit accusing 12 major banks of violating antitrust law by fixing prices and restraining competition in the roughly $

Century-old London gold price benchmark starts makeover

LONDON, Sept 4 (Reuters) - The operator of the London gold price benchmark said on Thursday it formally started the process to find a new administrator for the century-old mechanism that will halt the telephone call that four institutions enter twice a day in favour of an electronic solution.