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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 691.40
Bid: 692.00
Ask: 692.10
Change: -1.40 (-0.20%)
Spread: 0.10 (0.014%)
Open: 696.20
High: 698.30
Low: 689.10
Prev. Close: 692.80
HSBA Live PriceLast checked at -

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Banks commission small business credit research

Mon, 06th Sep 2010 17:01

The biggest British banks have commissioned a report that will profile the creditworthiness of their small business customers. The banks hope the report will head off criticism of their lack of lending. The banks argue that they are only turning away the risky proposals but small business organisations accuse the banks of not helping out their members as much as they could. The government has also criticised the banks. The British Bankers Association (BBA) will coordinate the research by a subsidiary of Experian. BBA and HSBC chairman Stephen Green is heading up a task force and he wrote a letter to Chancellor George Osborne last month setting out four work streams. They are market analysis and understanding, securitisation and funding, business finance and business aid and small and medium sized company issues, and trade finance. The overall steering group of the task force is made up of the chief executives of the six largest UK banks plus Green in his position as BBA chairman. The research will assess the credit profiles of companies that have been refused loans. The banks hope that the fact that the research is independent will give it greater credibility. The results of the research will be part of the report promised to George Osborne in early October.
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21 Feb 2024 07:52

CORRECT: Glencore profit plunges as energy market normalises

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HSBC profits soar 78% but miss forecasts on China exposure

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21 Feb 2024 06:52

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21 Feb 2024 05:57

TOP NEWS: HSBC launches USD2 billion buyback on record annual profit

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UK earnings, trading statements calendar - next 7 days

Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
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Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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