HSBC Holdings Share News (HSBA)

UK WINNERS & LOSERS: Legal & General Leads On Confidence In Annuities

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Legal & General Group, up 3.2%. The group said it expects to write more

London midday: Stocks slip on mixed earnings, Ukraine tensions

- Markets give mixed reaction to corporate earnings - Ukraine tensions continue to rise - Investors nervous ahead of Yellen speech techMARK 2,783.30 -0.31% FTSE 100 6,773.54 -0.37% FTSE 250 15,890.46 -0.30% A flurry of mixed corporate earnings pushed UK markets lower on Wednesday morning, while in

UPDATE 2-HSBC says April activity muted after first-quarter profit drop

* Q1 pretax $6.8 bln, down 20 pct on year * Latin America revenue weak, Asia stronger * Investment bank profits dip 20 pct * Shares down 1.4 pct (Adds comments from CEO, finance director, analyst, details) By Steve Slater LONDON, May 7 (Reuters) - HSBC's first-quar

CORRECT: MARKET COMMENT: FTSE 100 Continues Decline For Second Day

(Clarifying misleading headline in an item published at 10:45 BST. The correct version follows.) LONDON (Alliance News) - The FTSE 100 is trading lower Wednesday, extending the modest losses it posted on Tuesday, as investors take their cues from a negative Asian session amid a dearth of fr

TOP NEWS: HSBC Profit Falls 20% In First Quarter With Asia Weak

LONDON (Alliance News) - The following is a summary of top news stories Wednesday.
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COMPANIES
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HSBC Holdings PLC reported a 20% drop in first-quarter pretax profit driven by a poor performance in its heartland of Asia, p

UPDATE: HSBC Reports 20% Fall In Quarterly Profit As Revenue Declines

LONDON (Alliance News) - HSBC Holdings PLC Wednesday reported a 20% drop in first-quarter pretax profit driven by a poor performance in its heartland of Asia, partially offset by lower impairment charges and expenses, as the bank continued to cut costs and become more efficient. In a statem

MARKET COMMENT: UK Stocks Continue Decline For Second Day

LONDON (Alliance News) - UK stocks are trading lower Wednesday, extending the modest losses posted on Tuesday, as investors take their cues from a negative Asian session amid a dearth of fresh UK macroeconomic data. By mid-morning, the FTSE 100 is down 0.3% at 6,779.58, the FTSE 250 is down

HSBC finance chief says "no let up" in cost savings plan

LONDON, May 7 (Reuters) - HSBC made $275 million of sustainable savings in the first quarter and sees plenty more opportunities to reach its target of achieving a further $2-3 billion in annual cost savings, its finance director said on Wednesday. "There is no let up or absence of opportuni

HSBC´s first quarter revenues weighed down by Asia and Latam - UPDATE

- Pre-tax profit down 20 per cent  - Impairments, costs fall  - Revenue declines 14 per cent  - 'Muted' customer activity noted in April  Global banking giant HSBC reported a 20 per cent drop in profits in the first quarter despite lower impairments and costs, mainly as revenues fell in Asia and La

HSBC Reports 20% Fall In Quarterly Pretax Profit But Cites Progress

LONDON (Alliance News) - HSBC Holdings PLC Wednesday reported a 20% drop in first-quarter pretax profit amidst a continuation of the bank's strategic efforts to cut costs and focus on businesses with good returns. In a statement, the UK's largest bank by market capitalisation said first-qua

HSBC Q1 profit dips 20 pct, says April activity muted

LONDON, May 7 (Reuters) - HSBC's first quarter profits fell 20 percent from a year ago to $6.8 billion as revenue dipped at its investment bank, while last year's earnings were swelled by asset sales. HSBC, which is Europe's biggest bank but made two thirds of its profit last year in Asia,

MARKET COMMENT: UK Equities Set To Follow Asian, US Stocks Lower

LONDON (Alliance News) - UK stocks are set to follow their Asian and US counterparts lower Wednesday after the FTSE 100 snapped a five-day losing streak to close modestly lower on Tuesday. Major European indices all closed in negative territory on Tuesday, with the FTSE 100 closing down 0.4

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar

Read more 6 May 2014 21:01 Asia banks turn to "diplomats" as regulatory burden bites By Rachel Armstrong SINGAPORE, May 7 (Reuters) - Banks have a new buzzword to describe their strategy in Asia: diplomacy. Stung by regulatory probes into allegations ranging from the hiring of the offspring of senior state officials in China to rate manipulation in Singapore, and grap Read more 6 May 2014 17:03 HSBC Subsidiary To Sell Woolworths Credit Card Portfolio To Macquarie Bank LONDON (Alliance News) - HSBC Holdings PLC Tuesday, said that its indirect wholly-owned subsidiary HSBC Bank Australia Ltd, has signed an agreement to sell its Woolworths white label credit card portfolio in Australia to Macquarie Bank Ltd. The company said that as a result of the disposal, Read more 422423424425426427428429430 Stay Informed! With our newsletters and social media channels. Daily Market Report (Weekday Evenings)Week Ahead (Sunday Evening) Login to your account Login failed Remember MeSign In Don't have an account? Click here to register. Quickpicks are a member only feature Login to your account Login failed Remember MeSign In Don't have an account? Click here to register.