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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: 697.00
Bid: 660.00
Ask: 700.00
Change: 0.00 (0.00%)
Spread: 40.00 (6.061%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 697.00
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UPDATE 1-Banks in Britain ask staff to return to offices

Thu, 20th Jan 2022 11:02

(Adds Citi, Goldman, HSBC and City of London)

By Lawrence White and Iain Withers

LONDON, Jan 20 (Reuters) - Banks including Standard
Chartered and Citigroup have told staff in
Britain to return to the office, taking advantage of the
government's lifting of work-from-home rules to combat the
spread of COVID-19.

Goldman Sachs also plans to resume office working in
accordance with the changed guidelines, a bank spokesperson
said, while HSBC said staff would be welcome back in
its offices from Thursday as part of a hybrid approach.

Standard Chartered has told employees its London
headquarters will be open for all staff from Monday Jan. 24, a
spokesperson said.

Citi staff are "expected to be in the office at least three
days per week", it said in an internal memo seen by Reuters. A
spokesperson for the bank confirmed the contents of the memo.

British Prime Minister Boris Johnson on Wednesday said the
government would immediately drop its advice for people to work
from home, with further restrictions - including mandatory face
coverings in public places - to be dropped next week.

The immediate response from banks shows how keen Britain's
financial companies are to get staff back into city offices at
least some of the time.

The move will also provide a much-needed boost for shops,
cafes and restaurants in London's Square Mile and Canary Wharf
financial districts, which have been hit hard by remote working.

"Before Christmas the Omicron variant cast a dark shadow
over the Square Mile's recovery. The signs are now much more
promising," said Catherine McGuinness, Policy Chair at the City
of London Corporation.

"We look forward to welcoming City workers back to their
offices as soon as possible."
(Reporting By Lawrence White and Iain Withers
Editing by David Goodman)

More News
9 Apr 2024 22:39

Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal

BUENOS AIRES, April 9 (Reuters) - Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lending in the South American nation.

Read more
9 Apr 2024 15:40

Financial firms tout energy business after West Virginia restrictions

NEW YORK, April 8 (Reuters) - West Virginia has added Citi, HSBC and two other financial firms to a list of institutions that may be barred from some state business due to their energy finance policies, prompting three of them to assert their commitment to that industry.

Read more
9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

Read more
9 Apr 2024 15:12

HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

Read more
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.

Read more
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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Read more
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.

Read more
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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Read more

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