Last checked at 24 Nov 2023 11:48
HSBC UK investigating as customers struggle to access banking services
(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
HSBC Holdings Share News (HSBA)
HSBA Share
Price
HSBA Share
News2
HSBA Share
Chat2
HSBA Share
Trades18,001
HSBA
Live RNS1
HSBA Share
Charts
HSBA Level 2
Console
HSBA Live
Share Price
HSBA Broker
Ratings
HSBA Directors
Deals
HSBA Financial
Diary
HSBA
Fundamentals
HSBA Short
Positions
HSBA
Media
HSBC Holdings Information
Share Price Information for HSBC Holdings (HSBA)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
683.70
Bid:
685.50
Ask:
685.70
Change:
-13.30 (-1.91%)
Spread:
0.20 (0.029%)
Open:
691.00
High:
693.80
Low:
680.80
Prev. Close:
697.00
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.UK financial reform could be delayed as banks scramble to avoid taxes
Thu, 01st Sep 2011 10:49
Rumours are flying that reform of the UK's financial sector could be delayed until 2015 - after the next election.Reports from the Financial Times and the BBC claim legislation could be passed to split banks' retail and investment arms before 2015 but not implemented until later.Banks have been lobbying furiously against recommendations expected in the final report of the Independent Commission on Banking, due on 12 September.The commission - chaired by former Bank of England chief economist John Vickers - said banks' retail operations should be ring-fenced from investment banking arms in its interim report in April.But business lobby group, the CBI, said there had been "a radical slowdown" in the economy since that report and implementing all its measures could starve businesses of cash.This was echoed by the British Bankers' Association, which said banks should be allowed to "finance the recovery first, pay back the taxpayer next".Business Secretary Cable said the reforms would go ahead but gave no timetable. However, he hit out at banks, accusing them of "trying to create a panic about something they know has got to happen". Meanwhile, there are reports that banks are searching for new ways to avoid costs by routing more of their trades and other business through overseas subsidiaries.Bloomberg said Nomura Holdings, HSBC Holdings and UBS AG were among those hoping to take advantage of lower taxes and less onerous rules on capital and liquidity.Chris Matten, a partner at PricewaterhouseCoopers in Singapore, told Bloomberg that Banks could record as much as 30% of the value of their trades through Hong Kong, Singapore and other jurisdictions instead of hubs such as London and New York without falling foul of regulators.The country in which assets are booked is where they are recorded for tax and regulatory purposes.If banks were to shift their businees in this way they could avoid some of the costs of reforms like the UK bank levy and a tax on transactions, currently being discussed in Europe."At the moment much of our European business is booked through a central hub," said Nomura's chief financial officer Junko Nakagawa. "As regulators become more localised, one option would be to place more business in a number of different locations." The benefit of booking business through hubs, such as London and New York, is that there are fewer counter-parties and it allows the banks to hedge their global risk holdings.The hubs are also capable of handling much greater volumes of complex transactions, raising questions as to whether other regions would be able to cope with big shifts in business.
More News
24 Nov 2023 11:01
HSBC apologises after online banking outage
(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.
Read more23 Nov 2023 11:28
Greencore signs new GBP350 million sustainability-linked facility
(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.
Read more22 Nov 2023 15:12
London close: Stocks mixed as investors digest Autumn Statement
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.
Read more22 Nov 2023 09:48
LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more22 Nov 2023 07:50
RBC Capital downgrades HSBC, says shares looking 'more fair value'
(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.
Read more22 Nov 2023 07:47
LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets
(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.
Read more21 Nov 2023 06:24
Banks accused of 'lack of transparency' over green finance activities
(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.
Read more14 Nov 2023 13:44
Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates
(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.
Read more13 Nov 2023 12:27
Chinese credit growth ticks higher in October but rate of money supply increase slows
(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Read more13 Nov 2023 12:27
Chinese credit growth ticks higher in October but rate of money supply increase slows
(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Read more13 Nov 2023 10:53
IN BRIEF: LXi REIT gets new extension for GBP60 million HSBC loan
LXi REIT PLC - FTSE 250 London-based commercial real estate investment trust - Agrees extension to existing GBP60 million loan facility with HSBC, part of HSBC Holdings PLC from December 2024 to December 2026, extending weighted average term from 5.1 years to 5.2 years. The HSBC facility was LXi's earliest maturing debt and was originally extended to December 2024 in early March. It retains its existing 2.05% per year above the sterling overnight indexed average, or Sonia, benchmark and has a 2.50% interest rate cap until December next year. LXi expects to hedge the facility's cost during the additional term to expiry in due course.
Read more9 Nov 2023 15:02
London close: Stocks gain as investors await Powell speech
(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Read more7 Nov 2023 10:19
China's exports slide as imports unexpectedly jump
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.
Read more2 Nov 2023 16:02
UK dividends calendar - next 7 days
| Friday 3 November | |
| Alumasc Group PLC | dividend payment date |
| Andrews Sykes Group PLC | dividend payment date |
| AVI Japan Opportunity Trust PLC | dividend payment date |
| Barratt Developments PLC | dividend payment date |
| British American Tobacco PLC | dividend payment date |
| Brooks Macdonald Group PLC | dividend payment date |
| CT UK High Income Trust PLC | dividend payment date |
| Fintel PLC | dividend payment date |
| Games Workshop Group PLC | dividend payment date |
| HSS Hire Group PLC | dividend payment date |
| Johnson Service Group PLC | dividend payment date |
| JPMorgan Multi-Asset Growth & Income PLC | dividend payment date |
| Judges Scientific PLC | dividend payment date |
| MP Evans Group PLC | dividend payment date |
| M&G PLC | dividend payment date |
| Mattioli Woods PLC | dividend payment date |
| Mortgage Advice Bureau Holdings PLC | dividend payment date |
| Persimmon PLC | dividend payment date |
| Schroder Income Growth Fund PLC | dividend payment date |
| TP ICAP Group PLC | dividend payment date |
| Twentyfour Income Fund Ltd | dividend payment date |
| Weir Group PLC | dividend payment date |
| Wickes Group PLC | dividend payment date |
| WPP PLC | dividend payment date |
| Monday 6 November | |
| no events scheduled | |
| Tuesday 7 November | |
| no events scheduled | |
| Wednesday 8 November | |
| abrdn New Dawn Investment Trust PLC | dividend payment date |
| Manchester & London Investment Trust PLC | dividend payment date |
| Thursday 9 November | |
| abrdn Smaller Companies Income Trust PLC | special ex-dividend payment date |
| Airtel Africa PLC | ex-dividend payment date |
| Alternative Income REIT PLC | ex-dividend payment date |
| BlackRock Latin American Investment Trust PLC | dividend payment date |
| Burford Capital Ltd | ex-dividend payment date |
| C&C Group PLC | ex-dividend payment date |
| Ecofin US Renewables Infrastructure Trust PLC | ex-dividend payment date |
| Galliford Try Holdings PLC | ex-dividend payment date |
| Genus PLC | ex-dividend payment date |
| Greencoat Renewables PLC | ex-dividend payment date |
| Henderson International Income Trust PLC | ex-dividend payment date |
| HSBC Holdings PLC | ex-dividend payment date |
| Invesco Perpetual UK Smaller Companies Investment Trust PLC | ex-dividend payment date |
| J Sainsbury PLC | ex-dividend payment date |
| NCC Group PLC | ex-dividend payment date |
| Picton Property Income Ltd | ex-dividend payment date |
| PRS REIT PLC | ex-dividend payment date |
| Schroder BSC Social Impact Trust PLC | ex-dividend payment date |
| Softcat PLC | ex-dividend payment date |
| SThree PLC | ex-dividend payment date |
| Target Healthcare REIT PLC | ex-dividend payment date |
| VH Global Sustainable Energy Opportunities PLC | ex-dividend payment date |
| Warpaint London PLC | ex-dividend payment date |
| Copyright 2023 Alliance News Ltd. All Rights Reserved. | |