HSBC Holdings Share News (HSBA)

U.S., Japan and partners mobilise $20 billion to move Indonesia away from coal

Deal will bring forward peak emissions to 2030

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Chinese bank lending brakes sharply in October, Beijing reaffirms zero-Covid

(Sharecast News) - Bank lending in the People's Republic of China plumbed its lowest level in five years last month amid ongoing Covid-19 restrictions and a slump in mortgage demand.

Oil producer Ithaca shares sink in UK's largest IPO of 2022

Ithaca Energy shares down 11.6% on market debut

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Lender PCF to withdraw from UK market after rescue fails

PCF will not recommence lending

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UK banks were slow to pass on rate hikes to savers, says watchdog

LONDON, Nov 7 (Reuters) - Britain's banks were slow to start passing on increases in central bank interest rates to savers and consumers should consider switching to another UK lender, the Financial Conduct Authority said on Monday.

IN BRIEF: HSBC launches tender offer for six subordinated notes

HSBC Holdings PLC - Asia-focused lender - Launches an invitation to holders of six outstanding notes due between 2023 and 2046 sell back the notes they hold. The pricing will be announced at or around 1500 GMT next Monday, and the tender offer will expire at 2200 GMT that day.

LONDON MARKET MIDDAY: FTSE 100 treads water but European shares rise

(Alliance News) - The FTSE 100 stood out on Monday, but for the wrong reason, as share price falls for some of its largest constituents meant the index London large-caps underperformed versus the mid-cap FTSE 250 and European indices.

Sunday newspaper round-up: Autumn statement, Glencore, BoE

(Sharecast News) - The key points of the autumn statement must be submitted to the Office for Budget Responsibility by Monday morning. The Guardian understands that the Chancellor will set out tax increases and spending reductions totalling £60bn with cuts of at least £35bn. Decisions were also expected within days on whether to raise benefits in line with inflation and as regards changes to the pensions triple lock. Among the Chancellor's concerns is ensuring that the Treasury has enough 'headroom' to deal with other economic shocks and that its plans are credible to financial markets. - Guardian

TOP NEWS: Ping An calls for HSBC cost cuts, would back spin-off

(Alliance News) - HSBC Holdings PLC shareholder Ping An Insurance on Friday said it would support a spin-off plan and added that the Asia-focused financial services firm needs to urgently trim costs.

LONDON MARKET CLOSE: Miners, HSBC and Prudential jump on China hopes

(Alliance News) - Stock prices in Europe bounced back on Friday, putting Federal Reserve hawkishness to one side for now, as hopes of a reversal of zero-Covid policies in China lifted the mood.

HSBC top shareholder Ping An urges aggressive cost cuts, renews spin-off push

Ping An AM says HSBC should exit peripheral non-Asian markets

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China approves BioNTech Covid vaccine for use among expatriates

(Sharecast News) - China approved BioNTech SE's mRNA Covid-19 vaccine for use among the expatriate population in the People's Republic of China.

LONDON BROKER RATINGS: Liberum cuts British Land; Exane cuts Sainsbury

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

SocGen profit tops forecast, France lags

Net income at 1.5 bln euros in Q3

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Ping An urges HSBC to make aggressive cost cuts

HONG KONG, Nov 4 (Reuters) - HSBC Holdings shareholder Ping An has urged the lender to cut costs aggressively and exit sub-scale non-Asian markets as the Chinese insurer pushes harder for the bank to spin off its Asia operation.