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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: 695.60
Bid: 695.10
Ask: 695.50
Change: 27.50 (4.12%)
Spread: 0.40 (0.058%)
Open: 678.20
High: 702.40
Low: 677.60
Prev. Close: 668.10
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MOVES-BofA, StanChart, Invesco, Morgan Stanley, HSBC, Greenhill

Tue, 02nd Apr 2013 19:17

April 2 (Reuters) - The following financial servicesindustry appointments were announced on Tuesday. To inform us ofother job changes, email to moves@thomsonreuters.com.

BANK OF AMERICA MERRILL LYNCH

The prime brokerage unit of Bank of America Merrill Lynch has hired former Morgan Stanley executive DeepakAbraham as head of capital strategy in Asia Pacific, accordingto an internal memo seen by Reuters. He will report to GrahamSeaton, the head of the bank's prime brokerage unit in AsiaPacific. Abraham was most recently head of Middle East and NorthAfrica prime brokerage at Morgan Stanley, according to the memosent by Richard Boseley, head of Asia Pacific equities sales andglobal markets financing & futures, and Seaton.

HSBC HOLDINGS PLC

HSBC Global Asset Management Inc appointed Michael Wright asHead of Institutional Sales for North America, based in NewYork. Wright joins from AXA Investment Managers where hedirected the firm's business development strategy for theinstitutional segment.

MORGAN STANLEY

The bank named Aisha De Sequeira and Sanjay Shah as co-headsof its business in India, replacing Jayendra Nayak, according toan internal memo seen by Reuters. They will formally take ontheir new duties in May when Nayak leaves his full-time rolewith the bank. He will continue to be a senior adviser.

Travis Machen, named co-head of the North American bankgroup in October, has left, two sources familiar with thesituation said.

PROMONTORY FINANCIAL GROUP LLC

Former Securities and Exchange Commission (SEC) ChairmanMary Schapiro will join the private consulting firm as amanaging director, the Wall Street Journal said, following atumultuous four years rehabilitating the agency's batteredreputation. The appointment is expected to be announced byPromontory Financial on Tuesday, the paper said, withoutproviding the source of its information. Schapiro stepped downas SEC chairman in December.

STANDARD CHARTERED PLC

Standard Chartered has hired Peter Burnett from UBS AG as its North East Asia head of corporate finance,beefing up its senior leadership with another high-profileregional veteran of the Swiss investment bank.

GREENHILL & CO INC

The boutique financial advisory company said Jean-MichelSteg joined the firm as a senior adviser to assist in expandingrelationships with large European and, particularly, Frenchcorporations. He most recently started Blackstone's advisorybusiness in France, Greenhill said.

INVESCO LTD

Jalil Rasheed joined Invesco as investment director onMonday. Rasheed, based out of Singapore, reports to Paul Chan,chief investment officer, Asia ex-Japan.

DYNASTY FINANCIAL PARTNERS

The wealth management start-up that has grown by attractingtop advisers from the largest U.S. brokerages has expanded inMissouri with a veteran team from Bank of America Corp's Merrill Lynch.

The adviser group, led by industry veteran James Maher,managed $420 million in client assets at Merrill, where it hadbeen known as the Maher Group.

FTI CONSULTING INC

The business advisory firm named Barbara Ryan as managingdirector in its strategic communications practice. She will bebased in New York. She joins the firm from Deutsche Bank, whereshe held the position of Managing Director and Head of thePharmaceutical Research Team.

EVERBANK FINANCAL CORP

The company's subsidiary EverBank Commercial Financeappointed Jody Salino as the Office Products Sales Director forthe firm's Western region. Salino joins from De Lage LandenFinancial Services, where he served as Director of Sales for thefirm's Middle Market Office Technology group.

DC ADVISORY

The European corporate finance adviser named Tobias Gewolkeras an executive director in its Infrastructure team. He joinsfrom Barclays Capital.

CAPITA EMPLOYEE BENEFITS

The unit of Capita Plc named Albert Küller as itschief economist. This is a newly created role and theappointment is effective immediately, Capita Employee Benefitssaid.

VONTOBEL ASSET MANAGEMENT

The company named Luc D'hooge as head of Emerging MarketsFixed Income. He joins from Dexia Asset Management where he washead of emerging markets bond funds.

Wouter Van Overfelt also joined the team as portfoliomanager and quantitative analyst. He joins from GDF Suez.

ROWAN DARTINGTON SIGNATURE

The Bristol-based wealth manager named Steve Bridges asbusiness development manager. He joins from Premier Group.

ALVAREZ & MARSAL TAXAND UK

The tax advisory firm named Charles Beer and Jonathan Hornbyas managing directors in London.

More News
9 Apr 2024 15:40

Financial firms tout energy business after West Virginia restrictions

NEW YORK, April 8 (Reuters) - West Virginia has added Citi, HSBC and two other financial firms to a list of institutions that may be barred from some state business due to their energy finance policies, prompting three of them to assert their commitment to that industry.

Read more
9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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9 Apr 2024 15:12

HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

Read more
9 Apr 2024 08:52

TOP NEWS: HSBC to take USD1 billion loss on sale of Argentina business

(Alliance News) - HSBC Holdings PLC on Tuesday said it will sell its business in Argentina to Grupo Financiero Galicia SA, which it called the largest private financial group in the South American country.

Read more
9 Apr 2024 08:44

LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

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9 Apr 2024 08:37

HSBC takes $1 bln hit from Argentina sale as Asia pivot continues

Grupo Financiero Galicia to buy the business for $550 mln

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9 Apr 2024 07:39

LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

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9 Apr 2024 07:05

HSBC to take $1bn hit from Argentina unit sale

(Sharecast News) - HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.

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8 Apr 2024 19:45

West Virginia treasurer adds four finance firms to ESG blacklist

NEW YORK, April 8 (Reuters) - West Virginia added four financial firms on Monday to a list of institutions that may be barred from some state business because the state's treasurer deems they are boycotting the fossil fuel industry.

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8 Apr 2024 07:00

HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says

Managers focused on growth after complex transformation

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5 Apr 2024 07:29

Spain's Berge drops plans to list its Astara unit this year

MADRID, April 5 (Reuters) - Spanish privately owned logistics group Berge has dropped plans to list shares in its automotive unit Astara as market conditions are not the most appropriate for a flotation, the company said late Thursday.

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3 Apr 2024 16:07

London close: Stocks reverse losses to finish slightly higher

(Sharecast News) - London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.

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3 Apr 2024 13:19

Morgan Stanley commits to Canary Wharf home until at least 2038

LONDON, April 3 (Reuters) - Morgan Stanley's UK arm has extended a lease on its 547,000 square foot European headquarters in London's Canary Wharf to 2038, committing to the Docklands financial hub even as rivals relocate in search of smaller offices.

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2 Apr 2024 17:28

London stocks dip in global risk off mood; commodity-linked stocks jump

FTSE 100 down 0.2%, FTSE 250 adds 0.9%

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2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more

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