The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 705.50
Bid: 707.20
Ask: 707.30
Change: 0.50 (0.07%)
Spread: 0.10 (0.014%)
Open: 706.50
High: 714.40
Low: 705.00
Prev. Close: 705.00
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday newspaper round-up: Romney, Banks, Impala

Wed, 07th Mar 2012 07:00

The contest that was meant clarify the race for the Republican presidential nomination threatened to throw it into greater chaos after an inconclusive Super Tuesday night saw ten states split between the candidates. Mitt Romney, who entered yesterday's race with a head of momentum and the hope that he could finally stake his claim to the nomination, ended the evening with clear victories in four states ? Massachusetts, Vermont, Virginia and Idaho ? that he was long expected to win. Rick Santorum, meanwhile, snatched a crucial victory in Tennessee, adding that to wins in Oklahoma and North Dakota and denying Mr Romney a longed-for inroad into the evangelical South, The Times says. Banks could end up paying an extra £6.4bn in controversial payment protection insurance payouts to millions of 'forgotten victims', new Money Mail research shows. The City watchdog, the Financial Services Authority, is ordering banks, insurers and brokers to write to 12million PPI customers who have yet to claim, telling them they may be due a payout. Money Mail has seen insider industry calculations which show that, if just six in every ten people respond to the mailshot and are successful, it will take the expected total PPI compensation bill to £14bn. This would blow a huge hole in the banks' own provisions for the mis-selling scandal, currently £7.6bn including administration costs, and force a major rethink on how they plan to compensate customers. HSBC has quietly revealed it paid the directors of its UK retail bank a total of 64% more in 2010 than it disclosed in its accounts at the time. The report and accounts for HSBC Bank published last week show that directors were paid £5.019m rather than the £3.076m disclosed in the 2010 accounts. In a small footnote, the bank said it had "restated" the accounts to "reflect services rending during the year in respect of deferred awards". Experts said the restatement was the result of an accounting change - and is another example of the chaotic standards under which bank statements are produced, according to The Telegraph. The glinting steel of the platinum smelting works soaring above the once-orderly grainfields of Selous comes as a shock. It was here, west of Harare, that white farmers were driven out by President Mugabe's hired thugs a decade ago. From today, the Zimplats complex ? the result so far of a $1.8bn (£1.1bn) investment by South Africa's Impala Platinum through its 87% stake in the Zimbabwe-based company ? is in serious danger of becoming another symbol of Mr Mugabe's ruin, to set alongside the wasted farmland that surrounds it. Impala has been given an ultimatum to hand over 29% of its Zimplats shareholding, worth $300m, into an as yet unformed trust. This is to make the world's second-biggest platinum producer "compliant" with legislation forcing white and foreign-owned companies to "cede for value" 51% of ownership to black Zimbabweans, writes The Times. More than three years after its collapse sparked the worst of the financial crisis, Lehman Brothers yesterday emerged from bankruptcy. The investment bank will not return to making bets on the markets and advising on deals, but has instead started the long process of selling off its remaining assets and paying back creditors and investors. The first group of payments to creditors will take place on April 17 and is expected to be worth at least $10bn (£6.4bn). In total, $65bn will be paid back, The Times reports. Backing for British institutions such as the monarchy, the pound, and even the nationwide BBC Six O'Clock News has risen in Scotland at the same time as support has grown for a more powerful Scottish Parliament, a new poll reveals today. In a graphic example of how voters appear to favour political change in Scotland, but cleave to a continuing union across Britain, the YouGov poll shows that backing for separate Scottish oversight in diplomacy, defence and immigration have all dropped over the past five years. At the same time, however, the poll shows that Scottish residents have warmed to the idea of the country running its own tax affairs under a system of "fiscal autonomy" that is now more popular than having public services funded by a Westminster grant, The Scotsman says. Senior members of Iceland's former government have accused the UK of making "unreasonable demands" in the run-up to the financial crisis that doomed attempts to rescue one of the country's biggest banks. On the second day of the trial of Geir Haarde, the country's prime minister during the country's banking collapse, Bjorgvin Sigurdsson, the country's former trade minister, was sharply critical of the stance taken by former Chancellor Alastair Darling and the Financial Services Authority (FSA). "I do not know how in the world Darling thought that 300,000 people should take on hundreds of billions worth of debt," he told the court, The Telegraph reports. AB
More News
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.

Read more
4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

Read more
3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out of hawkish Federal Reserve interest rate expectations.

Read more
3 May 2024 06:30

HSBC facing shareholder pressure over green finance ahead of AGM

(Alliance News) - HSBC Holdings PLC is facing pressure from shareholders over green finance ahead of its annual general meeting.

Read more
2 May 2024 13:49

UK dividends calendar - next 7 days

Friday 3 May 
Anglo American PLCdividend payment date
Beazley PLCdividend payment date
BP Marsh & Partners PLCdividend payment date
CT UK High Income Trust PLCdividend payment date
CT UK High Income Trust PLC - Class Bdividend payment date
European Smaller Cos Trust PLCdividend payment date
Glanbia PLCdividend payment date
Hikma Pharmaceuticals PLCdividend payment date
i3 Energy PLCdividend payment date
Marble Point Loan Financing Ltddividend payment date
Maven Income & Growth VCT 3 PLCdividend payment date
Maven Income & Growth VCT 5 PLCdividend payment date
North American Income Trust PLCdividend payment date
Pearson PLCdividend payment date
Segro PLCdividend payment date
Synectics PLCdividend payment date
TwentyFour Income Fund Ltddividend payment date
TwentyFour Select Monthly Income Fund Ltddividend payment date
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Begbies Traynor Group PLCdividend payment date
Ferguson PLCdividend payment date
Manchester & London Investment Trust PLCdividend payment date
Mobius Investment Trust PLCdividend payment date
Nexus Infrastructure PLCdividend payment date
Pebble Group PLCdividend payment date
Pinewood Technologies Group PLCspecial dividend payment date
Thungela Resources Ltddividend payment date
Volution Group PLCdividend payment date
Wednesday 8 May 
Melrose Industries PLCdividend payment date
Personal Group Holdings PLCdividend payment date
Thursday 9 May 
Admiral Group PLCex-dividend payment date
AG Barr PLCex-dividend payment date
Aurora Investment Trust PLCex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
Bank of Ireland Group PLCex-dividend payment date
Bellevue Healthcare Trust PLCex-dividend payment date
Braime Group PLCex-dividend payment date
Centaur Media PLCex-dividend payment date
Chenavari Toro Income Fund Ltdex-dividend payment date
Clarkson PLCex-dividend payment date
Coca-Cola Europacific Partners PLCex-dividend payment date
Custodian Property Income REIT PLCex-dividend payment date
CVC Income & Growth Ltd EUROex-dividend payment date
CVC Income & Growth Ltd GBPex-dividend payment date
Domino's Pizza Group PLCdividend payment date
Epwin Group PLCex-dividend payment date
F&C Investment Trust PLCdividend payment date
Fidelity Special Values PLCex-dividend payment date
Focusrite PLCex-dividend payment date
Grafton Group PLCdividend payment date
Gresham Technologies PLCex-dividend payment date
Headlam Group PLCex-dividend payment date
Henderson International Income Trust PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
Ibstock PLCex-dividend payment date
Invesco Perpetual UK Smaller Cos Investment Trust PLCex-dividend payment date
JPMorgan Global Core Real Assets Ltdex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
LSL Property Services PLCex-dividend payment date
M&C Saatchi PLCex-dividend payment date
M&G PLCdividend payment date
Macfarlane Group PLCex-dividend payment date
Marwyn Value Investors Ltdex-dividend payment date
Midwich Group PLCex-dividend payment date
Montanaro UK Smaller Cos Investments Trust PLCdividend payment date
Octopus Titan VCT PLCex-dividend payment date
One Media iP Group PLCex-dividend payment date
Petershill Partners PLCex-dividend payment date
Picton Property Income Ltdex-dividend payment date
PRS REIT PLCex-dividend payment date
Reach PLCex-dividend payment date
Sherborne Investors Guernsey C Ltdex-dividend payment date
Sthree PLCex-dividend payment date
Sylvania Platinum Ltdex-dividend payment date
Taylor Maritime Investments Ltdex-dividend payment date
Tracsis PLCex-dividend payment date
Travis Perkins PLCdividend payment date
UIL Ltdex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-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
2 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 shines but "mixed feelings" after Fed

(Alliance News) - London's FTSE 100 was solidly higher on Thursday, outperforming European peers, as earnings from the likes of Shell and Standard Chartered impressed.

Read more
2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

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

Read more
1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

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

Read more
1 May 2024 07:46

LONDON BRIEFING: GSK ups outlook; Next first-quarter beats forecast

(Alliance News) - Equities in London are called to open flat on Wednesday, ahead of the latest Federal Reserve interest rate decision, while a host of financial markets in mainland Europe and beyond are closed for public holidays.

Read more
30 Apr 2024 17:15

London stocks score monthly gains; HSBC climbs on upbeat profit

HSBC led gains on FTSE 100 on upbeat profit, $3 bln buyback

*

Read more
30 Apr 2024 17:11

STOXX ends lower as auto giants weigh; investors parse inflation data

HSBC jumps after results, $3 bln in fresh buybacks

*

Read more
30 Apr 2024 17:08

London close: Stocks follow Wall Street into the red

(Sharecast News) - London markets closed in the red on Tuesday, turning weaker during the afternoon to mirror the decline in Wall Street equities, as investors monitored the start of the Federal Reserve's two-day policy meeting.

Read more
30 Apr 2024 17:02

CORRECT: London stocks take hit as Wall Street slips

(Correcting closing price of European stocks.)

Read more
30 Apr 2024 16:53

LONDON MARKET CLOSE: London stocks take hit as Wall Street slips

(Alliance News) - Stock prices in London closed in the red on Tuesday, following Wall Street lower, as investors look ahead to a key interest rate decision from the US Federal Reserve.

Read more
30 Apr 2024 12:57

Stocks set for monthly loss, earnings, macro action heats up

LONDON, April 30 (Reuters) - Global shares headed for their first monthly loss in six months on Tuesday ahead of a slew of economic data, earnings and the U.S. Federal Reserve's policy meeting, while the yen weakened a day after suspected intervention lifted it from 34-year lows.

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.