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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 693.40
Bid: 695.20
Ask: 695.40
Change: 2.00 (0.29%)
Spread: 0.20 (0.029%)
Open: 689.30
High: 697.20
Low: 687.00
Prev. Close: 691.40
HSBA Live PriceLast checked at -

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Sector movers: Barclays lawsuit and StanChart update sink banking stocks

Thu, 26th Jun 2014 15:14

Claims of fraud and a disappointing trading update pushed UK banking stocks firmly lower on Thursday.Shares in Barclays plunged after a lawsuit was filed by the New York State Attorney General against the group's "dark pool" trading division. The complaint was made specifically in relation to its alternative trading system LX Liquidity Cross following an investigation by Attorney General Eric Schneiderman and alleges that it carried out fraud and "deceptive practices". The lawsuit is seeking unspecified monetary damages and injunctive relief, Barclays said in a brief statement. Barclays' stock was down nearly 8% at 211.75p by 14:32 after hitting a 52-week low of 209.4p earlier on.Michael Hewson, Chief Market Analyst at CMC Markets UK, said: "Not content with probes and fines into Libor, electricity trading, as well as an ongoing FX probe, we now have a probe into 'dark pools' in yet another blow to the banks and the industry's credibility.Meanwhile, Standard Chartered was also under selling pressure, down 4% at 1,205.82p, after its boss Peter Sands admitted that the emerging markets-focused bank experienced a "disappointing first half" with revenues and profits both below last year's.He said that the company faced difficult trading conditions across the global financial markets during the first six months of 2014, with revenues down by a "mid single-digit percentage" and operating profits 20% lower.HSBC and RBS were also trading in the red today, while Lloyds was bucking the trend, up 2%.Top performing sectors so far todayMobile Telecommunications 4,391.65 +2.20%Real Estate Investment & Services 2,635.94 +1.99%Chemicals 10,047.58 +1.92%Financial Services 7,995.72 +1.89%Automobiles & Parts 8,590.05 +1.66%Bottom performing sectors so far todayBanks 4,309.25 -1.60%Tobacco 39,529.67 -1.09%Technology Hardware & Equipment 1,055.48 -0.77%General Industrials 4,228.35 -0.41%Forestry & Paper 11,600.75 -0.37%BC
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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.

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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.

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2 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 buoyed by UK manufacturing growth

(Alliance News) - The FTSE 100 in London was up at midday on Tuesday, reacting to the UK manufacturing sector returning growth and further PMI data across the globe.

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2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

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2 Apr 2024 08:44

TOP NEWS: HSBC to pay special dividend after completing Canadian sale

(Alliance News) - HSBC Holdings PLC on Tuesday said it would pay shareholders a special dividend after completing the sale of its Canadian business.

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