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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: 695.60
Bid: 695.80
Ask: 696.00
Change: -1.40 (-0.20%)
Spread: 0.20 (0.029%)
Open: 696.10
High: 697.90
Low: 694.80
Prev. Close: 697.00
HSBA Live PriceLast checked at -

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Sunday newspaper round-up: Brexit deal, HSBC, Fresh fruit

Sun, 26th Feb 2023 14:16

(Sharecast News) - Deputy Prime Minister Dominic Raab has refused to say whether Parliament will vote on the government's new Brexit deal. He did however tell Sky's Sophy Ridge on Sunday programme that "Parliament will find a away to have its say". The plan was expected to be unveiled possibly as early as Monday. "We want to handle this properly and in the right way," he said. I think one thing we've learned with meaningful votes and various other things since 2016 and beyond is that you have to carry Parliament with you, and I'm confident we would be able to." However, as of Sunday, it appeared unlikely that the proposals would satisfy the ERG or DUP. - Sunday Telegraph

HSBC wants to halve the office space at its headquarters as part of its embrace of flexible working. With that aim, it has engaged Cushman & Wakefield to find a new HQ with 400,000-500,000 square feet of space, against the 1.1m sq.ft. available at its 45-storey tower in London's Canary Wharf. Globally, the lender wants to slash its office space by 40% versus pre-pandemic levels. In parallel, the chief executive officer of Canary Wharf Group is looking to diversify away from lenders and law firms by attracting life sciences outfits. - Financial Mail on Sunday

The dearth of some fresh fruit and vegetables at grocers may just be the "tip of the iceberg", according to the National Farmers' Union. Poor weather in Europe and Africa, Brexit red tape and the hit to UK and Dutch producers from the jump in energy bills were all to blame. Nonetheless, NFU president, Tom Bradshaw, said that relying on imports had left the UK especially vulnerable to "shock weather events". Bradshaw highlighted how energy inflation had led many farmers who produce in glasshouses not to plant, due to their lack of confidence in being able to secure the returns necessary to justify the risk of planting. Curiously, Brexit had increased reliance on even more distant producers. - Guardian

Revolut, Britain's largest financial technology outfit, may be on the cusp of clinching a UK banking license within weeks after a two-year effort. The breakthrough will be thanks to the publication this week of its overdue 2021 accounts. A trading update is also expected to show that its turnover jumped again last year. The company now operates in over 200 countries and counts more than 25m customers. A UK license would allow Revolut to hold customer deposits and lend. Analysts believe it could also drive the outfit's valuation - which at one point in 2021 topped NatWest's - even higher. - Financial Mail on Sunday

ITV's full-year numbers, which are due out this coming week, are expected to show that its efforts to take on Netflix and Disney are yielding results and that it is cutting its reliance on old-style terrestrial TV. Revenues from the streaming and studios businesses are both seen growing at double-digit rates and accounting for over half of the total. Boss Carolyn McCall's initiative to replace ITV hub with a new online service is also expected to have boomed since its launch in December. - Financial Mail on Sunday

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20 May 2024 16:11

IN BRIEF: HSBC issues EUR1.25 billion fixed to floating rate notes

HSBC Holdings PLC - London-based Asia-focused lender - Issues EUR1.25 billion 3.755% fixed to floating rate notes due 2029 under its debt issuance programme.

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20 May 2024 09:57

SDI profit expected to slump 32% despite trading uptick in second half

(Alliance News) - SDI Group PLC on Monday said it remains in a good position to continue with its buy and build strategy despite a drop in overall performance.

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16 May 2024 20:05

PRESS: HSBC shareholder, Ping An, mulls options for stake — Bloomberg

(Alliance News) - Ping An Insurance Group Co is weighing options that would allow it to reduce its 8% stake in HSBC Holdings PLC, Bloomberg reported Thursday.

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14 May 2024 16:11

Kazakhstan opens thorny debate on 2025 OPEC+ oil quotas

LONDON, May 14 (Reuters) - Kazakhstan opened on Tuesday a thorny debate on OPEC+ production levels, saying it believed it should be allowed to pump more oil in 2025, when all current output cuts by the producer group are due to expire.

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14 May 2024 06:27

UK ministers, companies visit Saudi Arabia to boost trade ties

(Alliance News) - UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that Riyadh authorised the use of lethal force to clear land for a new desert city.

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9 May 2024 17:33

London's FTSE 100 hits record for fourth session after BoE signals rate cuts

FTSE 100 up 0.3%, FTSE 250 adds 0.2%

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9 May 2024 17:06

STOXX 600 ends at record high; BBVA weighs on Spain

Mercedes-Benz, HSBC, Allianz trade ex-dividend

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9 May 2024 15:21

London close: Stocks manage gains as BoE holds rates

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

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8 May 2024 12:30

Abu Dhabi's Aldar sell $500 mln in 10-year green sukuk

May 8 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties Has launched $500 million in 10-year green sukuk, an arranging bank document revealed on Wednesday.

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8 May 2024 07:41

Al Rajhi Bank plans to issue 5.5-year sustainable sukuk, document says

May 8 (Reuters) - Al Rajhi Bank, world's largest Islamic bank in assets and market capitalisation, is planning to sell 5.5-year sustainable Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.

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8 May 2024 07:18

Aldar Properties starts selling 10-year green sukuk, document says

May 8 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties has started selling 10-year green Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.

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7 May 2024 11:30

JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say

HONG KONG, May 7 (Reuters) - JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid a weaker market and dealmaking activities.

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7 May 2024 08:30

Abu Dhabi developer Aldar picks banks for 10-year green sukuk

May 7 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties has hired banks for its 10-year green sukuk offering, an arranging bank document showed on Tuesday.

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4 May 2024 23:51

Ping An votes against reappointment of HSBC CEO as director, source says

May 4 (Reuters) - China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move.

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