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Hsbc Holdings plc (OP: HBCYF)
11.49 USD  -0.13 (-1.12%)
Official Closing Price  /  Updated: 8:10 PM EDT, May 21, 2013  /  Add to My Watchlist      
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US prosecutors' subpoena of SAC's Cohen puzzles defense lawyers
May 20, 2013
NEW YORK, May 20 (Reuters) - The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is... Read More
category companyNews
from Reuters: Company News
Chinese diaper maker Hengan launches $550 mln convertible bond-IFR
May 20, 2013
HONG KONG, May 20 (Reuters) - Hengan International Group , a Chinese diaper and sanitary napkin maker, plans to raise up to $550 million from an issue of five-year convertible bonds, IFR reported on... Read More
category companyNews
from Reuters: Company News
Ex-Goldman banker Thornton steps down from HSBC board
May 20, 2013
LONDON, May 20 (Reuters) - John Thornton, the former Goldman Sachs president who specialises in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business... Read More
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from Reuters: Company News
UBS names Sylvia Coutinho as head of Brazilian unit
May 20, 2013
SAO PAULO, May 20 (Reuters) - UBS AG on Monday appointed Sylvia Coutinho as chief executive officer for its unit in Brazil, where the bank is stepping up its focus on brokerage and advisory work. Read More
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from Reuters: Company News
UPDATE 1-Fed tells Bank of Montreal to fight money laundering harder
May 17, 2013
NEW YORK, May 17 (Reuters) - The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. Read More
category companyNews
from Reuters: Company News
CNH Tracker-Stronger currency enhances appetite for dim sum
May 16, 2013
By Saikat Chatterjee HONG KONG, May 16 (Reuters) - Despite recent volatility in the offshore yuan market, the demand for bonds denominated in the Chinese currency is likely to remain strong as the... Read More
category companyNews
from Reuters: Company News
PRESS DIGEST - British Business - May 16
May 15, 2013
May 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. Read More
category companyNews
from Reuters: Company News
PRESS DIGEST - Financial Times - May 16
May 15, 2013
May 16 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Read More
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from Reuters: Company News
HSBC may cut 14,000 more jobs as revenue faces pressure
May 15, 2013
HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue. Read More
from FOX News
CEO of SocGen Russia unit held over suspected kickbacks
May 15, 2013
The chief executive of Societe Generale's Russian unit was detained on Wednesday on suspicion of taking bribes, dealing a blow to one of the few foreign banks that has dared to challenge Russia's... Read More
from FOX News
UK banks avoid investigation by competition authority
May 15, 2013
Britain's biggest banks were spared a full-blown inquiry into the personal current account market after the consumer watchdog said changes already being implemented could stimulate competition in the... Read More
from FOX News
UPDATE 2-HSBC accelerates cost cutting in drive for profit boost
May 15, 2013
HONG KONG/LONDON, May 15 (Reuters) - HSBC plans to cut annual costs by up to another $3 billion and may axe a further 14,000 jobs as Europe's biggest bank strives to drive profits in the face of... Read More
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from Reuters: Company News
HSBC says will be challenge to hit RoE target this year
May 15, 2013
HSBC said hitting its profitability target this year will be a challenge as the run-off of its U.S. loan book remains a drag, but it said it would stick with its goal to get return on equity (RoE) over... Read More
from FOX News
HSBC may cut up to 14,000 more jobs: slides
May 15, 2013
HSBC could cut another 14,000 jobs as part of the next phase of its plan to cut up to $3 billion more in annual costs and slim down, it said on Wednesday. Read More
from FOX News
HSBC may cut up to 14,000 more jobs -slides
May 15, 2013
LONDON, May 15 (Reuters) - HSBC could cut another 14,000 jobs as part of the next phase of its plan to cut up to $3 billion more in annual costs and slim down, it said on Wednesday. Read More
category companyNews
from Reuters: Company News
HSBC targets additional $2-3 billion cost savings by 2016
May 15, 2013
HSBC said on Wednesday that the bank would target an additional $2 billion to $3 billion in cost savings between 2014 and 2016, as the bank axes jobs and sells noncore businesses with less than a year... Read More
from FOX News
After ATM heist, India's IT sector again in unwelcome spotlight
May 14, 2013
MUMBAI/BANGALORE, May 15 (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of... Read More
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from Reuters: Company News
UPDATE 1-Commerzbank sets terms for $3.3 bln capital hike
May 14, 2013
* Shareholders to get 20 new shares for every 21 they hold Read More
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from Reuters: Company News
Barclays wins dismissal of U.S. shareholder lawsuit over Libor
May 13, 2013
Barclays Plc , the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money... Read More
from FOX News
PRESS DIGEST - British Business- May 13
May 12, 2013
PARTS OF UK COAL MAY BE NATIONALISED AFTER COLLIERY FIRE CLOSES PIT Read More
category companyNews
from Reuters: Company News
Factbox: Targets and changes at HSBC under CEO Gulliver
May 12, 2013
HSBC Chief Executive Stuart Gulliver will update investors on Wednesday on how he is doing in meeting his targets more than two years into a 3-year restructuring plan at Europe's biggest bank. Read More
from FOX News
PRESS DIGEST - Sunday British Business - May 12
May 12, 2013
LONDON, May 12 (Reuters) - British newspapers reported the following business stories on Sunday: Read More
category companyNews
from Reuters: Company News
CNH Tracker-Credit ratings elbowed aside in hunger for yield
May 09, 2013
By Saikat Chatterjee HONG KONG, May 9 (Reuters) - When Sven Lautenschlager, international funding officer at Germany's L-Bank, was talking to potential investors on selling shorter-dated bonds in the... Read More
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from Reuters: Company News
RPT-Fitch: Growth in Asia-Pacific Supports HSBC's Q1 Results
May 08, 2013
May 8 (Reuters) - (The following statement was released by the rating agency) Read More
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from Reuters: Company News
PRESS DIGEST - British Business - May 8
May 07, 2013
GOVERNMENT NEEDS TO BE CLEAR ON ITS TAX MESSAGE, SAYS CBI Read More
category companyNews
from Reuters: Company News
UPDATE 1-HSBC reaps benefit of cost-cutting efforts
May 07, 2013
LONDON, May 7 (Reuters) - HSBC reported a near doubling in first quarter earnings on Tuesday, demonstrating the benefits of a three-year restructuring, cost cuts and a big drop in bad debt charges. Read More
category companyNews
from Reuters: Company News
Costs centre stage for HSBC, French bank results
May 06, 2013
LONDON/PARIS, May 7 (Reuters) - HSBC is expected to almost double first quarter profits to about $8 billion on Tuesday helped by a fall in costs and bad debts and showing the benefits of a three-year... Read More
category companyNews
from Reuters: Company News
China Galaxy's IPO bookrunner record sets grim stage for bankers
May 06, 2013
HONG KONG, May 6 (Reuters) - State-owned China Galaxy Securities Co Ltd set a record for Hong Kong's IPO market on Monday, with a total of 21 banks working as joint bookrunners on its $1.37 billion... Read More
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from Reuters: Company News
UPDATE 3-UBS shrugs off break up call, with shareholder support
May 02, 2013
* Investors endorse UBS's pay policies and 2012 performance Read More
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from Reuters: Company News
CNH Tracker-A booster shot for the Hong Kong market
May 01, 2013
By Saikat Chatterjee HONG KONG, May 2 (Reuters) - Latest reforms in the offshore yuan markets will help banks overcome periodic shortages of cash and signals a new pipeline of products in a market that... Read More
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from Reuters: Company News
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