HSBC Holdings Share News (HSBA)

TOP NEWS: HSBC to axe 114 UK branches from April; cites mobile banking

(Alliance News) - HSBC Holdings PLC on Wednesday said it will close 114 bank branches across the UK from next April in the face of declining footfall.

HSBC to close 114 branches in Britain from April 2023

LONDON, Nov 30 (Reuters) - HSBC will close 114 branches in Britain from April 2023, the British lender said on Wednesday, the latest in a string of such announcements by retail banks in the country as they slash their networks to try and cut costs.

Bank of England consults on remaining Basel bank capital rules

LONDON, Nov 30 (Reuters) - The Bank of England confirmed on Wednesday that the rollout of remaining global bank capital rules would start in January 2025, with smaller lenders not required to apply them.

Sector movers: Financials and Oil pace gains, China in the spotlight

(Sharecast News) - Financials and Miners paced gains in the stock market on Tuesday following news that authorities in China wanted to strengthen vaccination rates among those over 80.

C$ hits 4-week low; analysts suspect M&A flows

Canadian dollar falls 0.7% against the greenback

*

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder

*

CORRECT: LONDON MARKET CLOSE: FTSE 100 up on improved China outlook

(Adding share price changes for mining stocks, and correcting AIM All-Share closing figures.)

Europe's STOXX 600 closes slightly lower; focus on euro zone inflation data

German, Spanish inflation eases more than expected

*

LONDON MARKET CLOSE: FTSE 100 rises on improved China outlook

(Alliance News) - Stock prices in London came to a mixed close on Tuesday, while the FTSE 100 was lifted by mining and oil stocks, as well as Asia-focused financial firms, as the outlook in China improved.

Canadian regulators to review sale of HSBC's Canada business to RBC

TORONTO, Nov 29 (Reuters) - Canadian regulators will review the sale of HSBC's business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, the Canadian government's finance ministry said on Tuesday.

Canadian regulators to review sale of HSBC's Canada business to RBC

Nov 29 (Reuters) - Canadian regulators will review the sale of HSBC's business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, the Canadian government's finance department said on Tuesday.

TOPS NEWS: HSBC agrees sale of Canadian arm to Royal Bank of Canada

(Alliance News) - HSBC Holdings PLC on Tuesday said its subsidiary HSBC Overseas Holdings UK Ltd agreed to sell its Canadian banking business to the Royal Bank of Canada.

HSBC to sell Canadian business to RBC in $13.5bn deal

(Sharecast News) - HSBC shot higher on Tuesday after agreeing to sell its Canadian business to Royal Bank of Canada in a $13.5bn cash deal.

LONDON MARKET CLOSE: Stocks off as China worries undermine sentiment

(Alliance News) - London's FTSE 100 picked up from morning lows on Monday and even edged into the green in afternoon trade, but still closed lower as dramatic Covid-related developments in China soured the mood at the start of the week.

LONDON BROKER RATINGS: Numis cuts discoverIE; UBS likes Virgin Money

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon: