focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

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
Get Live Data
Share Price: 698.70
Bid: 698.70
Ask: 698.80
Change: 2.20 (0.32%)
Spread: 0.10 (0.014%)
Open: 694.00
High: 703.20
Low: 688.40
Prev. Close: 696.50
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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

More News
21 Feb 2024 07:41

LONDON BRIEFING: Glencore profit plunges as energy market normalises

(Alliance News) - Stocks in the UK are called flat on Wednesday, with some large-cap UK company earnings for investors to digest, ahead of key catalysts to come from across the Atlantic.

Read more
21 Feb 2024 07:02

HSBC profits soar 78% but miss forecasts on China exposure

(Sharecast News) - Shares in HSBC fell on Wednesday as a record annual profits missed forecasts after it was forced to take a $3bn hit from its exposure to a Chinese bank.

Read more
21 Feb 2024 06:52

LONDON MARKET EARLY CALL: FTSE to open flat; HSBC posts record profit

(Alliance News) - Stocks in London are set to open flat on Wednesday, as investors look ahead to the Federal Reserve meeting minutes, and results from Nvidia.

Read more
21 Feb 2024 05:57

TOP NEWS: HSBC launches USD2 billion buyback on record annual profit

(Alliance News) - HSBC Holdings PLC on Wednesday announced further share buybacks as annual profit soared on the back of higher interest rates, though its fourth-quarter performance suffered due to an impairment.

Read more
20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

Read more
20 Feb 2024 12:29

Wednesday preview: Fed meeting minutes, HSBC in the spotlight

(Sharecast News) - Investors' focus in the middle of the week will be on the release of the minutes of the Federal Reserve's most recent policy meeting, in January.

Read more
14 Feb 2024 14:15

UK earnings, trading statements calendar - next 7 days

Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
BAE Systems PLCFull Year Results
Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

Read more
2 Feb 2024 09:27

LONDON BROKER RATINGS: Barclays raises easyJet and Wizz Air

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

Read more
30 Jan 2024 16:00

London close: Stocks finish higher on raft of global data

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

Read more
30 Jan 2024 09:34

Bank of England fines HSBC for "serious" deposit protection failures

(Alliance News) - HSBC Holdings PLC has been fined GBP57.4 million by the Bank of England's Prudential Regulation Authority for "serious failings" over customer deposit protection – the second highest penalty ever imposed by the financial watchdog.

Read more
30 Jan 2024 07:27

HSBC slapped with £57.4m fine for deposit protection failures

(Sharecast News) - HSBC bank has been fined £57.4m by the Bank of England after admitting serious failings in protecting customer deposits.

Read more
29 Jan 2024 14:25

Safestay annual trading to meet expectations; refinances borrowings

(Alliance News) - Safestay PLC on Monday said its annual trading was "comfortably" in line with market expectations.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

Read more
25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.