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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

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Share Price: 683.70
Bid: 685.50
Ask: 685.70
Change: -13.30 (-1.91%)
Spread: 0.20 (0.029%)
Open: 691.00
High: 693.80
Low: 680.80
Prev. Close: 697.00
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HSBC in talks to sell Pakistan bank to Meezan

Thu, 27th Feb 2014 10:34

LONDON, Feb 27 (Reuters) - HSBC said it is talks tosell its business in Pakistan to Meezan Bank Limited,another possible sale by Europe's biggest bank from countrieswhere it is unprofitable or lacks scale.

HSBC's Pakistan business has 10 branches and it has beentrying to sell it for the last two years, but a plan to sell itto JS Bank Limited fell through last October afterfailing to get regulatory approval.

HSBC said on Thursday the talks with Meezan Bank "are at apreliminary stage" and will require regulatory approvals.

HSBC has sold or closed 63 businesses in the last threeyears to reduce risk and boost profitability, and on Wednesdayagreed to sell its bank in Kazakhstan.

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Today 10:26

ABN Amro nears deal to buy HSBC's German private bank, Boersenzeitung says

FRANKFURT, June 21 (Reuters) - Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth management unit in the country, newspaper Boersenzeitung reported on Friday, without specifying its sources.

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Today 09:54

ABN Amro nears deal to buy HSBC's German private bank, Boersenzeitung says

FRANKFURT, June 21 (Reuters) - Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth management unit in the country, newspaper Boersenzeitung reported on Friday, without specifying its sources.

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18 Jun 2024 13:31

HSBC Swiss unit breached money laundering rules, says watchdog

(Sharecast News) - Switzerland's financial watchdog said HSBC's private bank in the country had breached its obligations in the prevention of money laundering in connection with two unnamed "politically exposed" persons.

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17 Jun 2024 22:30

UK's Labour pledges to plug gaps left by bank branch closures

LONDON, June 17 (Reuters) - Britain's Labour Party said on Monday it would give regulators new powers to significantly increase the number of 'banking hubs' on high streets if voted into government next month.

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17 Jun 2024 09:33

LONDON BROKER RATINGS: Goldman Sachs cuts SSP Group to 'sell'

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

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14 Jun 2024 15:56

UK dividends calendar - next 7 days

Monday 17 June 
Churchill China PLCdividend payment date
Inchcape PLCdividend payment date
Princess Private Equity Holding Ltddividend payment date
Tuesday 18 June 
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Wednesday 19 June 
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Thursday 20 June 
3i Group PLCex-dividend payment date
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Animalcare Group PLCex-dividend payment date
Arbuthnot Banking Group PLCspecial dividend payment date
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Mitie Group PLCex-dividend payment date
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Persimmon PLCex-dividend payment date
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Scottish American Investment Co PLCdividend payment date
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Templeton Emerging Markets Investment Trust PLCex-dividend payment date
Touchstar PLCex-dividend payment date
United Utilities Group PLCex-dividend payment date
Vianet Group PLCex-dividend payment date
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Wynnstay Properties PLCex-dividend payment date
Yu Group PLCdividend payment date
Friday 21 June 
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Advanced Medical Solutions Group PLCdividend payment date
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Avingtrans PLCdividend payment date
Cerillion PLCdividend payment date
Downing Strategic Micro-Cap Investment Trust PLCspecial dividend payment date
Fevertree Drinks PLCdividend payment date
HSBC Holdings PLCdividend payment date
HSBC Holdings PLCspecial dividend payment date
Intertek Group PLCdividend payment date
Keystone Law Group PLCdividend payment date
LMS Capital PLCdividend payment date
Origin Enterprises PLCdividend payment date
PageGroup PLCdividend payment date
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13 Jun 2024 17:51

World Bank to issue bond to boost Amazon reforestation

SAO PAULO, June 13 (Reuters) - The World Bank said on Tuesday it will issue a new bond expected to raise some $200 million to support its sustainability activities and reforestation in Brazil's Amazon, and has chosen HSBC to structure the transaction.

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13 Jun 2024 10:45

Britain's Lloyds Bank consolidates London offices

LONDON, June 13 (Reuters) - Lloyds Banking Group will leave one of its London office sites as part of a consolidation into three remaining premises, the British bank said on Thursday.

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13 Jun 2024 00:00

Revolut picks new Canary Wharf HQ as it expands headcount

LONDON, June 13 (Reuters) - Britain's Revolut is to become the first tenant in a newly refurbished building in London's Canary Wharf financial district, taking on 40% more floorspace for its new headquarters as the fintech firm accelerates hiring.

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12 Jun 2024 21:53

Citi's new wealth boss Sieg reshuffles leadership, pledges higher returns

NEW YORK, June 12 (Reuters) - Citigroup's new head of wealth, Andy Sieg, further reshuffled his leadership team on Wednesday and reiterated financial targets as the bank seeks to attract more of its clients' investment assets.

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12 Jun 2024 20:34

With acquisition, Canada's National Bank expands west and analysts applaud growth potential

TORONTO, June 12 (Reuters) - Canadian lender National Bank's expansion from east to west, rather than following Canada's big banks south of the border, could help secure growth, analysts and investors said.

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12 Jun 2024 18:00

Top banks 'bankrolling destruction' in Amazon, says report

Report says top banks' protection policies ineffective

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10 Jun 2024 15:36

Britain's payments industry calls for delay and cut in scam compensation rules

LONDON, June 10 (Reuters) - Britain's payments sector on Monday called on its regulator to roll back and delay by a year tough new compensation rules due to start in October, saying that "significant changes" were needed to avoid damaging competition.

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10 Jun 2024 14:07

Britain's payments industry calls for delay and cut in scam compensation rules

LONDON, June 10 (Reuters) - Britain's payments sector on Monday called on its regulator to roll back and delay by a year tough new compensation rules due to start in October, saying that "significant changes" were needed to avoid damaging competition.

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10 Jun 2024 07:00

EU set to disclose tariff rates for Chinese electric vehicles

BRUSSELS, June 10 (Reuters) - The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles (EVs) due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.

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