HSBC Holdings Share News (HSBA)

REFILE-Banks to be hit with Microsoft costs for running outdated ATMs

* Microsoft withdraws support for Windows XP on April 8 * U.S., UK major banks negotiate fees for extended support * 95 percent of world's 2.2 million ATMs run on outdated XP * One-third of ATMs have been upgraded to Windows 7 * Cost of upgrade for each UK bank around $100

RPT-Banking's back room risk cops step into top jobs

By Steve Slater LONDON, March 16 (Reuters) - Once modest of pay and profile, risk experts are being reborn as rock stars of the banking world - their status and salaries soaring as regulators force financial institutions to clean up. Industry-wide investigations into alleged exchange

Banking's back room risk cops step into top jobs

By Steve Slater LONDON, March 16 (Reuters) - Once modest of pay and profile, risk experts are being reborn as rock stars of the banking world - their status and salaries soaring as regulators force financial institutions to clean up. Industry-wide investigations into alleged exchange

UPDATE 2-U.S. regulator sues 16 banks for rigging Libor rate

By Nate Raymond and Aruna Viswanatha NEW YORK/WASHINGTON, March 14 (Reuters) - The Federal Deposit Insurance Corp sued 16 of the world's largest banks on Friday, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate. The global financial i

US FDIC sues 16 banks for rigging Libor

NEW YORK, March 14 (Reuters) - The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of collusively suppressing interest rates. The lawsuit, filed in the federal district court in New York, was the latest to accuse financial institutions of

UK watchdog chief urges shareholders to curb bankers' pay

LONDON, March 14 (Reuters) - Shareholders in Britain's banks should resort to using "big sticks" if they are serious about tackling excessive pay at banks, a top regulator said on Friday. Martin Wheatley, chief executive of the Financial Conduct Authority, told London's Evening Standard tha

Broker tips: HSBC, BSkyB, Weir, Perform, Gulf Keystone

Berenberg has maintained its 'buy' rating on global banking group HSBC, saying that its transformation has gone unrewarded by the market. "We believe HSBC has transformed itself into a bank that is comparable to the one that outperformed its peers and the market between 1992 and 2003. This appears

London midday: Stocks extend losses ahead of Crimea referendum

- Ukraine tensions rise ahead of Crimea vote - Analysts cut forecasts for China - Banking stocks mixed - US lifts ban on BP GoM contracts techMARK 2,765.64 -0.76% FTSE 100 6,529.08 -0.38% FTSE 250 16,062.45 -0.76% The FTSE 100 was registering losses for the sixth consecutive session as investors s

UPDATE 1-Hong Kong central bank raps UBS for role in Hibor fixing case

* HKMA finds no collusion between banks * UBS says has active appropriate measures By Michelle Chen and Denny Thomas HONG KONG, March 14 (Reuters) - Hong Kong's de facto central bank has rapped UBS AG for its role in the city's benchmark lending rate fixing case and warned that

Berenberg highlights an 'unrewarded transformation' at HSBC

Berenberg has maintained its 'buy' rating on global banking group HSBC, saying that its transformation has gone unrewarded by the market. "We believe HSBC has transformed itself into a bank that is comparable to the one that outperformed its peers and the market between 1992 and 2003. "This appea

HK regulator finds weakness in UBS internal controls in Hibor case

HONG KONG, March 14 (Reuters) - A probe into Hong Kong Interbank Offered Rate (Hibor) fixing has found material weakness in Swiss bank UBS's internal controls and governance in the submission process, the Hong Kong Monetary Authority (HKMA) said on Friday. The probe also found that UBS fail

London open: Stocks down for sixth day on Ukraine, China fears

- Ukraine crisis steps up a gear - Analysts cut forecasts for China - US lifts ban on BP GoM contracts - Financials gain, miners fall techMARK 2,757.98 -1.04% FTSE 100 6,525.28 -0.43% FTSE 250 16,032.04 -0.95% UK stocks were suffering losses again on Friday, falling for the sixth straight day, as

UK banks to boost profits in 2014 but face more charges, says S&P

The UK's biggest banks are set to increase their profits this year, but financial hits from reforms linked to past scandals are likely to keep coming, according to a rating agency. Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland are set to focus on improving returns and putting

UPDATE 2-Bankers behaving badly face 6-year bonus clawback by BoE

Western banks cold-shoulder Iran trade finance scheme

* Iran wants economic sanctions lifted * Banks wary of falling foul of U.S. regulations * Iran keen to speed up humanitarian trade plan By Jonathan Saul and Parisa Hafezi LONDON/ANKARA, March 13 (Reuters) - Despite a diplomatic thaw, Western banks are steering clear of att