|Bid||670.00 x 200000|
|Ask||681.00 x 372700|
|Day's Range||670.80 - 677.90|
|52 Week Range||644.50 - 798.60|
|PE Ratio (TTM)||13.79|
|Earnings Date||Oct 29, 2018|
|Forward Dividend & Yield||0.31 (4.78%)|
|1y Target Est||9.98|
A slide in sterling after a speech by Prime Minister Theresa May helped boost Britain's exporter-heavy FTSE 100 to a 2 1/2 week high, cementing a three-day rally driven by banks, miners and oil stocks as investors' fears of a trade war faded. On the corporate front, Just Eat shares tumbled as Uber's reported advances to Deliveroo triggered fears of rising competition in the food delivery industry. The FTSE 100 (.FTSE) ended the day up 1.7 percent, extending early gains as developments on the Brexit front sank sterling, supporting the index whose constituents mainly earn outside the UK.
Sept 21 (Reuters) - Hsbc Holdings Plc: * HSBC HOLDINGS PLC ( "COMPANY") INTENDS TO ISSUE £1,000,000,000 5.875% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES * SECURITIES ARE EXPECTED ...
FT premium subscribers can click here to receive Due Diligence every day by email. In a long memo, which went into wide circulation in the past few days, the bankers allege that lack of effective leadership is the “principle cause” of HSBC’s failure to make it as a top tier investment bank.
Sept 21 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines HSBC appoints new heads of Europe and ...
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines HSBC appoints new heads of Europe and private banking https://on.ft.com/2xCir4E ...
HSBC Bank, one of the world’s largest banking and financial services organizations, today published a global study on education trends, parents’ hopes and fears for their children’s education, and their attitudes and behaviors towards funding. The survey, entitled, The Value of Education, also explores students’ own experiences while studying.
Sept 20 (Reuters) - HSBC HOLDINGS PLC: * HSBC HOLDINGS PLC - ISSUANCE OF PERPETUAL SUBORDINATED CCS * HSBC HOLDINGS PLC - INTENDS TO ISSUE SGD 750 MILLION 5.00% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE ...
Sept 20 (Reuters) - Hong Kong Securities And Futures Commission * SAYS IT BANS FORMER HSBC HOLDINGS PLC RELATIONSHIP MANAGER NGO WING CHUN FROM RE-ENTERING INDUSTRY FOR 12 MONTHS FOR UNAUTHORIZED TRANSFER ...
as HSBC’s most senior UK dealmaker last month, he told friends that he feared executives might soon embark on another retreat from investment banking. have invariably fizzled, without making significant inroads, leading to an apparently ambivalent attitude from senior management. Now the bank’s remaining dealmaking team has entered another period of gloomy introspection after a leaked memo from unnamed HSBC executives claimed that its investment banking strategy had “utterly failed” and its “performance is really appalling”.
(Reuters) - Goldman Sachs is in advanced talks with several financial companies to spin off its three-year-old app, Simon, which sells complex financial products to retail investors, a source familiar ...
Sept 19 (Reuters) - * GOLDMAN SACHS NEARS DEAL TO SPIN OFF 'SIMON' APP - WSJ, CITING SOURCES * DEAL BEING DISCUSSED WOULD VALUE GOLDMAN'S SIMON APP AT ABOUT $100 MILLION; DEAL LIKELY TO BE FINALIZED IN ...
HSBC Holdings Plc has named Allegra Berman and Richard Godfrey as global co-heads for its securities services business with effect from Oct. 1, according to an internal memo seen by Reuters on Wednesday. Berman joined the British lender from UBS in 2013 as head of global banking's public sector group, while Godfrey joined HSBC in 2004 and has held a variety of roles within the securities services business, the memo said.
Sept 19 (Reuters) - HSBC UK: * LAUNCHES £12 BILLION LENDING FUND TO SUPPORT SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) IN THE UK * NEW SME FUND INCLUDES RING-FENCED £1 BILLION TO HELP UK COS GROW BUSINESS ...
A group of the world’s leading energy traders and banks is looking to shake up the centuries-old trade finance industry with the launch of two new platforms underpinned by blockchain technology. “Blockchain technology will answer the needs of key participants in commodity trading by improving efficiency and security,” said Souleima Baddi, chief executive of Komgo, which will focus on commodity trade financing by digitising the lenders’ customer identification documents as well as electronic letters of credit.
Spain's High Court on Tuesday rejected a second extradition request from Switzerland against Herve Falciani for leaking details of thousands of clients of HSBC's private bank. Hailed as a hero by some for triggering tax evasion investigations in several countries by leaking details of HSBC clients, Swiss courts sentenced Falciani, a French citizen who worked for the bank, in absentia to five years in jail. The Spanish court denied the extradition request over alleged industrial sabotage by Falciani in 2008 because the charges in the Swiss ruling are not considered a crime in Spain.
HSBC Holdings Plc is planning to increase its wealth-management staff in Asia as Chief Executive Officer John Flint bets on growth in the region. The bank plans to add more than 1,300 positions, split roughly between retail and private banking, by 2022, according to the heads of the two divisions, which between them currently employ just over 32,000 people in the region. The bulk of the hires, some of which could be internal, will be in Hong Kong and Singapore.
LONDON (Reuters) - HSBC (HSBA.L) has appointed Antonio Simoes as its head of global private banking, succeeding Peter Boyles who is leaving the bank. The change will become effective on January 1 next ...
Sept 17 (Reuters) - Hsbc Holdings Plc: * PETER BOYLES WILL RETIRE FROM HSBC, TO BE SUCCEEDED AS CHIEF EXECUTIVE, GLOBAL PRIVATE BANKING BY ANTÓNIO SIMÕES Source text: http://bit.ly/2QCCHvF Further company ...
Nigeria has accused HSBC (HSBA.L) of laundering money for one of the country's former rulers, hitting back at a research note by the global bank that suggested a second term for President Muhammadu Buhari risked prolonging economic stagnation. HSBC declined to comment on the allegation late on Saturday by the Nigerian presidency that the bank had laundered more than $100 million for former military dictator Sani Abacha.
Moody's Investors Service ("Moody's") has announced today that the novation of the class C2 swap would not, in and of itself and as of this time, result in the downgrade or withdrawal of the rating of the notes issued by Canary Wharf Finance II plc. The amendment would permit the swap relating to the class C2 notes to be novated, whereby Starts (Ireland) plc replaces HSBC Bank plc as a swap counterparty but continues to benefit from a full HSBC guarantee under the swap. Moody's has determined that the amendment, in and of itself and at this time, will not result in the downgrade or withdrawal of the rating currently assigned to the notes.
Sept 14 (Reuters) - HSBC: * ISSUED ¥79.30 BILLION SENIOR CALLABLE BONDS DUE 2024, ¥13.10 BILLION SENIOR CALLABLE BONDS DUE 2026 AND ¥67.60 BILLION SENIOR CALLABLE BONDS DUE 2028 Source text for Eikon: ...
The UK's top share index was weighed down on Thursday by a stronger pound, while retailers fell as a strong update from supermarket group Morrisons (MRW.L) failed to dispel competition worries. The FTSE 100 (.FTSE) fell 0.4 percent, as a pull-back in oil and tobacco stocks, which had pushed up the index in the previous session, outweighed gains in banks and materials. Sterling rose after a media report said that Britain and the European Union had made progress on the Irish border question, a major hurdle to agreeing a Brexit deal.
Standard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its industry coverage, two sources said. The senior bankers include Hong Kong-based Toby Groser, who is the co-head of general industries group in Asia focusing on retail and consumer sectors, and Dominic Richards, head of Asia media and telecoms coverage, the people said.
HSBC Holdings (HSBC) to employ nearly 700 people and double client assets in the Asia private banking unit, with an aim to grow business in the region.
HSBC Holdings Plc aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a bigger share of the business in the world's fastest-growing wealth market, top executives said. The lender's private banking expansion plan in Asia, which accounted for 75 percent of group-level profit last year, comes as the unit that caters to the rich is focusing once more on growth after years of painful restructuring. "Asia is the key driver for future profitability in the private bank ... it's been the driver for growth even through the difficult times and it's always remained profitable," Peter Boyles, CEO of HSBC's global private banking business, told Reuters.