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Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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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 -

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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
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4 Mar 2024 21:56

IN BRIEF: HSBC issues USD2.75 billion worth of senior notes

HSBC Holdings PLC - Asia-focused lender - Issues USD1.50 billion 5.546% fixed rate/floating rate senior unsecured notes due 2030 and USD1.25 billion 5.719% fixed rate/floating rate senior unsecured notes due 2035. HSBC will apply to list the notes on the New York Stock Exchange.

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29 Feb 2024 16:06

UK dividends calendar - next 7 days

Friday 1 March 
AEW UK REIT PLCdividend payment date
Alternative Income REIT PLCdividend payment date
Atrato Onsite Energy PLCdividend payment date
Carr's Group PLCdividend payment date
CC Japan Income & Growth Trust PLCdividend payment date
CVC Income & Growth Ltd (EUR)dividend payment date
CVC Income & Growth Ltd (GBP)dividend payment date
Gabelli Merger Plus+ Trust PLCdividend payment date
ICG Enterprise Trust PLCdividend payment date
IG Group Holdings PLCdividend payment date
JPMorgan China Growth & Income PLCdividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
LXi REIT PLCdividend payment date
Pollen Street PLCdividend payment date
TwentyFour Select Monthly Income Fund Ltddividend payment date
UK Commercial Property REIT Ltddividend payment date
Monday 4 March 
no events scheduled 
Tuesday 5 March 
Henderson Smaller Cos Investment Trust PLCdividend payment date
PayPoint PLCdividend payment date
Wednesday 6 March 
AB Dynamics PLCdividend payment date
Thursday 7 March 
abrdn Diversified Income & Growth PLCex-dividend payment date
Assura PLCex-dividend payment date
Athelney Trust PLCex-dividend payment date
Berkeley Group Holdings PLCex-dividend payment date
BHP Group Ltdex-dividend payment date
Chenavari Toro Income Fund Ltddividend payment date
Colefax Group PLCex-dividend payment date
Crown Place VCT PLCex-dividend payment date
CT UK Capital & Income Investment Trust PLCex-dividend payment date
Energean PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCex-dividend payment date
JPMorgan Global Growth & Income PLCex-dividend payment date
Law Debenture Corp PLCex-dividend payment date
Mid Wynd International Investment Trust PLCex-dividend payment date
Personal Assets Trust PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCex-dividend payment date
PZ Cussons PLCex-dividend payment date
Redcentric PLCex-dividend payment date
Renishaw PLCex-dividend payment date
Rights & Issues Investment Trust PLCex-dividend payment date
Rio Tinto PLCex-dividend payment date
Ruffer Investment Co Ltdex-dividend payment date
Safestore Holdings PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
SDCL Energy Efficiency Income Trust PLCex-dividend payment date
South32 Ltdex-dividend payment date
Standard Chartered PLCex-dividend payment date
Temple Bar Investment Trust PLCex-dividend payment date
Utilico Emerging Markets Trust PLCex-dividend payment date
Vaalco Energy Incex-dividend payment date
  
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