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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: 669.00
Bid: 668.90
Ask: 669.10
Change: 5.40 (0.81%)
Spread: 0.20 (0.03%)
Open: 666.40
High: 670.60
Low: 666.40
Prev. Close: 663.60
HSBA Live PriceLast checked at -

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Tuesday newspaper round-up: HSBC, Supermarkets, Pets at Home

Tue, 09th Jun 2015 07:01

HSBC is to cut up to 25,000 jobs around the world - including as many as 8,000 in the UK - as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders. Gulliver has already cut the total head count to 257,000 from 296,000 but on Tuesday signalled another wave of reductions as he turns the bank's focus towards Asian markets. - The GuardianThe price of food and drink in supermarkets has fallen significantly faster during the past year than the official inflation measure suggests, according to research by the Office for National Statistics. In a project published yesterday, the statistical agency compared its traditional inflation measure with an experimental version based on prices advertised on supermarket websites, finding that the latter showed prices falling faster. - Financial Times Pets At Home's biggest shareholder is to almost halve its stake in the business in a share sale worth £300m at current prices. Private equity group Kohlberg Kravis Roberts (KKR) used a regulatory announcement after the market closed on Monday to reveal it plans to place 108m shares in the UK's leading pet care and products retailer. - The Daily TelegraphBurberry has risked the wrath of investors by awarding a pay package of nearly £8m to its chief executive barely a year after a rebellion in which shareholders voted down the fashion company's boardroom remuneration report. Despite a humiliating rebuke at its annual meeting last summer, the company has made only modest changes to Christopher Bailey's rewards, giving him a near-maximum bonus, a cash allowance and share awards, on top of his salary, amounting to £7.9m. - The TimesThe Group of Seven industrial powers has agreed that the world should phase out fossil fuel emissions this century, in a move hailed as a historic decision in the fight against climate change. G7 leaders meetings in Bavaria, Germany, said that in line with scientific findings, "deep cuts in global greenhouse gas emissions are required with a decarbonisation of the global economy over the course of this century." - Financial TimesMerger mania swept through the City yesterday as some of Britain's best known firms saw their share prices jump on intense bid speculation. The Square Mile has seen a raft of corporate activity over the first quarter. With the total deal value of £52.5billion, this was the fourth-highest quarter in the UK since data firm Mergermarket's records began. - The Daily Mail
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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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2 Apr 2024 08:05

LONDON BRIEFING: HSBC in special payout on Canada sale; Astra FDA win

(Alliance News) - London's FTSE 100 traded higher on Tuesday following the long weekend, as investors react to US data, and look ahead to manufacturing sector readings from Europe later.

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28 Mar 2024 09:55

UBS makes Ermotti Europe's best-paid bank boss with $16 mln package

Ermotti earned $15.9 mln in 2023

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27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

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

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27 Mar 2024 08:54

Britain's Vanquis bank 'resets' business after 2023 loss

LONDON, March 27 (Reuters) - Vanquis Banking Group on Wednesday said it was resetting its business, highlighting the challenges faced by Britain's smaller banks, after reporting a 4.4 million-pound ($5.55 million) loss before tax for 2023.

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27 Mar 2024 07:44

Britain's Vanquis bank 'resets' business after 2023 loss

LONDON, March 27 (Reuters) - Vanquis Banking Group on Wednesday said it was resetting its business, highlighting the challenges faced by Britain's smaller banks, after reporting a 4.4 million-pound ($5.55 million) loss before tax for 2023.

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25 Mar 2024 10:19

LONDON BROKER RATINGS: SocGen raises Sage; Numis cuts Virgin Money

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

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18 Mar 2024 06:59

PRESS: M&S and HSBC planning loyalty "superapp", seven-year deal — Sky

(Alliance News) - Marks & Spencer Group PLC and HSBC Holdings PLC are preparing plans to announce a new seven-year deal that includes the creation of a loyalty "superapp", Sky News reported Sunday.

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11 Mar 2024 14:05

HSBC to recruit about 50 more bankers for US commercial bank - Reuters

(Sharecast News) - HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to start-up companies, mainly in the technology and healthcare sectors, according to a senior executive.

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7 Mar 2024 15:29

London close: Stocks finish firmer as US jobless claims rise

(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.

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