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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: 705.50
Bid: 707.20
Ask: 707.30
Change: 0.50 (0.07%)
Spread: 0.10 (0.014%)
Open: 706.50
High: 714.40
Low: 705.00
Prev. Close: 705.00
HSBA Live PriceLast checked at -

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HSBC confirms policy change for top level executive pensions

Sun, 06th Dec 2015 10:46

(ShareCast News) - High street bank HSBC has confirmed it will change its pension policies to bring them "in line" with other major lenders, following complaints from its biggest investors.The company currently pays its chief executive, chairman and two executive directors 50% of their base salaries in cash, in lieu of a pension.This is significantly above that paid at sector peers Lloyds and Barclays, which make pension contribution of around 25-30% of the basic salary of equivalent level management.HSBC told the Sunday Times that it would "bring our policy in line with other top FTSE companies from January 1".One of the lender's top 10 investors told the publication: "HSBC's pensions have remained stubbornly high since the crisis."They are definitely out of line with the rest of the market."We have no issue with contribution levels for more junior staff, but the executive payments have to come down."Junior HSBC staff are offered pension contributions of 24% of their salary.
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11 Jan 2024 20:28

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 10:59

UK plans new system to tackle small bank failures after SVB collapse

LONDON, Jan 11 (Reuters) - Britain's finance ministry plans to introduce new procedures to manage the failure of small banks more effectively, it said on Thursday, following last year's high-profile collapse of U.S.-based Silicon Valley Bank (SVB).

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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8 Jan 2024 09:49

Saudi Arabia plans benchmark-sized three-tranche bond

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8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

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

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8 Jan 2024 07:16

UAE's FAB gives price guidance for its 5-yr sukuk

Jan 8 (Reuters) - The United Arab Emirates' largest lender, First Abu Dhabi Bank, has given price guidance of around 100 basis points over U.S. Treasuries for its dollar-denominated Islamic bonds, according to a document seen by Reuters on Monday.

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8 Jan 2024 07:14

UAE's FAB gives price guidance for its 5-yr sukuk

Jan 8 (Reuters) - The United Arab Emirates' largest lender, First Abu Dhabi Bank, has given price guidance of around 100 basis points over U.S. Treasuries for its dollar-denominated Islamic bonds, according to a document seen by Reuters on Monday.

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1 Jan 2024 16:17

HSBC completes sale of retail banking business in France

Jan 1 (Reuters) - HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France to Crédit Commercial de France (CCF), a subsidiary of My Money Group, the British lender said in a statement on Monday.

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1 Jan 2024 11:21

HSBC transfers retail bank in France to private equity firm Cerberus

(Alliance News) - After more than two years, HSBC Holdings PLC transferred on Monday for an undisclosed amount its retail banking network in France to My Money Group, controlled by US private equity fund Cerberus Capital Management LP.

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22 Dec 2023 16:28

Rai Way investors seek update on mooted TV towers tie-up - sources

Tie-up with EI Towers would create national leader

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22 Dec 2023 14:58

Rai Way investors seek update on mooted TV towers tie-up - sources

MILAN, Dec 22 (Reuters) - A group of investors holding around 10% of Rai Way's MI> capital has asked for the board of the state-owned Italian TV towers group to provide an update on a long-mooted combination with rival EI Towers to create a national champion, sources said on Friday.

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22 Dec 2023 10:59

South Korea fines two global banks for short-selling rule breaches

SEOUL, Dec 22 (Reuters) - South Korea's financial regulator said on Friday that it would fine two unnamed global investment banks and one local brokerage a record 26.5 billion won ($20.41 million) in total for naked short selling.

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22 Dec 2023 09:01

LONDON MARKET OPEN: Stocks snowed under; UK on brink of recession

(Alliance News) - Stock prices in London opened lower on Friday, with investors not feeling in a festive mood ahead of US inflation data.

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22 Dec 2023 07:50

LONDON BRIEFING: UK on brink of recession as economy contracts in Q3

(Alliance News) - Stocks in London are likely to open lower on Friday, with investors feeling frosty ahead of a US inflation print this afternoon, amid sobering UK economic growth data.

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