HSBC Holdings Share News (HSBA)

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.

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.

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:

UK dividends calendar - next 7 days

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.

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.

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.

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.

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.

Top banks 'bankrolling destruction' in Amazon, says report

Report says top banks' protection policies ineffective

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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.

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.

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.

Banks' drive to 'tokenise' assets moves slower than expected

AMSTERDAM, June 5 (Reuters) - Banks which for years have talked about creating 'tokenised' versions of assets like bonds and currencies say a shift to blockchain-based trading is taking longer than expected, with some investors cautious about the idea.

Investors flock to Aramco share sale that could raise $13 bln

DUBAI, June 2 (Reuters) - Saudi Arabia's sale of shares in oil giant Aramco drew more demand than the stock on offer within hours of kicking off on Sunday, a deal that could raise up to $13.1 billion in a major test of international appetite for the kingdom's assets.