- Reuters•2 days ago
The Bank of England is to increase the fees it levies on the banks it regulates to meet additional costs resulting from Britain's move to leave the European Union - and may have to ask for more cash later on. The central bank's Prudential Regulation Authority (PRA) published a consultation paper on Friday on its annual funding requirement (AFR) for the financial year starting in April. Brexit is expected to reshape Britain's financial markets, Europe's biggest, given that banks based in London are likely to lose their unfettered access to the bloc's single market.
- Reuters•2 days ago
HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's regional head said, most of them in the Pearl River Delta, the heart of the bank's growth strategy in China. If that target is hit, the new additions will mean HSBC will have hired twice as many people as it did last year for this part of the business. HSBC has made the southern Pearl River Delta region - home to 11 industrial cities that are set to fuse into one megalopolis - its focus in China, betting on its growth and its own Hong Kong heritage.
- Reuters•3 days ago
HSBC is on track to fill 1000 vacancies at the new headquarters of its British retail bank in Birmingham it said on Thursday, with people hired for nearly 450 of the roles. The bank's newly separated high street lender HSBC UK is set to open its headquarters in a 10 storey office block in the city in the heart of Britain's Midlands region in January 2018. HSBC has said it will move 1000 jobs from its head office in London, but reports last year in British newspapers said that an independent monitor tasked with overseeing the bank criticised the pace of its progress in filling the roles.
HSBA.L : Summary for HSBC HOLDINGS PLC ORD $0.50 (UK - Yahoo Finance
HSBC Holdings plc (HSBA.L)
LSE - LSE Delayed Price. Currency in GBp
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|Bid||645.00 x 200000|
|Ask||665.00 x 372700|
|Day's Range||648.20 - 651.70|
|52 Week Range||392.37 - 715.20|
|PE Ratio (TTM)||98.23|
|Dividend & Yield||0.40 (5.00%)|
|1y Target Est||N/A|