HSBA.L - HSBC Holdings plc
| Previous close | 657.30 |
| Open | 656.00 |
| Bid | 656.20 x 200000 |
| Ask | 656.40 x 372700 |
| Day's range | 652.20 - 657.00 |
| 52-week range | 596.40 - 736.00 |
| Volume | 11,164,367 |
| Avg. volume | 21,564,671 |
| Market cap | 132.457B |
| Beta (3Y monthly) | 0.85 |
| PE ratio (TTM) | 9.51 |
| EPS (TTM) | 69.00 |
| Earnings date | 5 Aug 2019 |
| Forward dividend & yield | 0.31 (4.75%) |
| Ex-dividend date | 2019-05-16 |
| 1y target est | 9.20 |
- Reuters•2 minutes ago
Exclusive: HSBC gets top adviser role in Qatar for first time since Gulf row - sources
DUBAI/DOHA (Reuters) - HSBC has been hired by a state-controlled port operator in Qatar, QTerminals, to coordinate a $500 million (£393 million) loan, sources familiar with the matter said, securing its first mandate as top adviser for a deal in Qatar since a regional rift between Doha and its neighbours erupted. The London-listed bank -- along with other lenders -- was caught up in Qatar's dispute with its neighbours Saudi Arabia, United Arab Emirates, Bahrain and Egypt, which in 2017 cut diplomatic and transport ties with Qatar accusing it of financing terrorism, a charge Doha denies. Along with other banks, it side-stepped high-profile Qatar deals in the aftermath of the diplomatic crisis and prioritised business in Saudi Arabia, where it has a strong presence, as the kingdom promised a slate of deals as part of its efforts to open and transform the economy in an era of lower oil prices.
- Business Wire•yesterday
HSBC Bank USA Launches New Digital Mortgage Solution with Roostify
HSBC Bank USA, N.A., (HSBC), part of the HSBC Group, one of the world’s largest banking and financial services organizations, today announced that it has launched a digital home lending experience powered by Roostify. The partnership provides customers with a digital loan transaction experience that is faster, easier and less stressful than before, while enabling HSBC to process and close loans more efficiently with fewer manual touches. “Digital plays a crucial role in supporting, enabling and driving our ambition of customer experience-led growth,” said Raman Muralidharan, Head of Mortgage, Retail Banking and Wealth Management, HSBC Bank.
- Reuters - UK Focus•2 days ago
UPDATE 2-Minister calls on next PM to defend Britain's leading finance role
Britain's next prime minister must make it their "overriding" priority to protect London's globally competitive position in finance after Brexit, financial services minister John Glen said on Tuesday. Britain is due to leave the European Union on Oct. 31 but it has yet to secure a divorce settlement with the bloc, which is the UK financial sector's single biggest customer. The selection of a new prime minister has added to the uncertainty for the British financial services industry, which has long been calling for clarity on the country's relations with the EU after it leaves.
- Reuters•3 days ago
HSBC opens in Apple's hometown, promises 50 new U.S. branches
HSBC, which makes more than 80% of its profit in Asia, last month revealed plans to boost its Asia retail wealth management staff by about 300 by end of this year. HSBC Bank USA said it would also hire more than 300 employees as part of the expansion of its national retail branch network that would add up to 50 branches in new and existing markets. "HSBC is optimising its existing network to right-size and grow its business as well as expand its footprint into new and existing markets that provide attractive opportunities to grow its customer base," the London-based bank said.
- Reuters - UK Focus•3 days ago
UPDATE 2-HSBC opens in Apple's home town, plans 50 new U.S. branches
The U.S. arm of HSBC Holdings Plc announced plans on Monday to expand its branch network by around a quarter as it opened a new location in Apple Inc's home town of Cupertino, California. The move by Europe's biggest lender by assets comes as it plans a broader strategic shift to try to improve performance in the United States at a time when many lenders are retrenching. HSBC, which makes more than 80% of its profit in Asia, last month announced plans to boost its Asia retail wealth management staff by about 300 by end of this year.
- Business Wire•3 days ago
HSBC Bank Announces Plans to Expand National Retail Network
HSBC Bank USA, N.A., (HSBC), part of HSBC Group, one of the world’s largest banking and financial services organizations, today announced that it has opened a new branch office in Cupertino, California, at 19900 Vallco Parkway. “Retail branches are important and will continue to maintain a prevalent role in acquiring, retaining and serving customers,” said Pablo Sanchez, HSBC’s Head of Retail Banking and Wealth Management for North America. “While our digital capabilities and self-service channels continue to grow and improve, our network of neighborhood branches still attracts most of our new customers and strengthens our relationship with existing customers in need of additional financial services.
- Business Wire•3 days ago
HSBC Bank Contributes $50,000 to Nation’s First Monument Honoring African American Veterans
HSBC Bank USA, N.A., (HSBC) today announced a $50,000 grant to the African American Veterans Monument, the nation’s first-ever memorial dedicated solely to honoring the military service of African-American veterans and service members. “African Americans have fought for their country in every military conflict since the Revolutionary War, and too often their contributions are underappreciated, as are the hardships they faced,” said Jennifer Stryrbel, Chief Operations Officer, HSBC USA. Construction of the African American Veterans Monument will begin this summer at a waterfront site in the Buffalo & Erie County Naval and Military Park.
- Reuters - UK Focus•3 days ago
UPDATE 2-European stocks edge lower, Lufthansa drags after profit warning
European stock markets closed marginally lower on Monday with a profit warning from Germany's Lufthansa hitting airline stocks, while markets globally awaited clues from the U.S. Federal Reserve on its policy direction. The pan-European STOXX 600 index finished 0.1% lower.
- Reuters - UK Focus•3 days ago
UPDATE 2-Banks support FTSE 100 even as airlines hit by Lufthansa warning
London's main index inched up on Monday as rises in banking shares outweighed the impact of a profit alert from Germany's Lufthansa on airlines, while UK contractor Kier Group skidded to an all-time low. Both the FTSE 100 index and the FTSE 250 midcap index ended 0.2% higher.
- Reuters•3 days ago
European stocks edge lower, Lufthansa drags after profit warning
The pan-European STOXX 600 index finished 0.1% lower. France's CAC 40 was led higher by luxury stocks, while IT company Indra Sistemas' 7.1% slip took Spain's IBEX 35 0.7% lower. At the U.S. Federal Reserve policy meeting starting Tuesday, investors on balance think an interest rate cut is unlikely while many back a shift towards one in July.
- Reuters - UK Focus•3 days ago
Banking gains prod European shares higher
- Reuters - UK Focus•6 days ago
Bank of England says new lenders could be ill-prepared for downturns
Many of Britain's fast-growing fledgeling banks have little experience of downturns and could underestimate potential loan losses if markets turned sour, a Bank of England review of 20 lenders showed. Britain has encouraged many new lenders to compete in a market dominated by HSBC, Barclays, RBS and Lloyds, known as the Big Four. Over the past year the central bank has been reviewing the business models and activities of 20 "fast-growing" smaller lenders that have balance sheets of at least 750 million pounds ($945.5 million).
- Reuters - UK Focus•6 days ago
UPDATE 2-Chinese brokerage Huatai prices London listing at bottom of range
China's Huatai Securities has priced its London stock market listing at the bottom of its indicated price range in a deal that will help it to raise at least $1.5 billion. Huatai, one of China's largest brokerages, is expected to make its London market debut on June 17, becoming the first company to trade via the long-awaited London-Shanghai stock connect project. Its listing on the London Stock Exchange will coincide with Britain and China holding the next round of their Economic and Financial Dialogue (EFD), with Chinese Vice Premier Hu Chunhua leading a Chinese delegation to London on Monday.
- Reuters - UK Focus•6 days ago
UPDATE 2-FTSE 100 dips as global growth concerns dominate; Kier hits record low
London's FTSE 100 weakened on Friday as Asia-focused banks took a hit from underwhelming Chinese industrial growth data, while Kier shed more than a third of its value after it was reported to be planning to sell its housebuilding unit at a discount. The FTSE 100 slipped by 0.3%, with exporter stocks also weighing on the index. The FTSE 250 fell by the same amount, tugged lower by Kier's 35.5% plunge.
- Investing.com•6 days ago
StockBeat: UBS Feels China's Wrath After Swine Fever Comments
By Geoffrey Smith
- Bloomberg•7 days ago
UBS ‘Chinese Pig’ Furor Intensifies as Industry Group Wades In
The Swiss bank and its chief economist, Paul Donovan, had previously apologized for the comment, saying it was “innocently intended.” Donovan, in a discussion of the rise in Chinese consumer prices that was mainly due to sick pigs, had asked whether that mattered. “It matters if you are a Chinese pig. It matters if you like eating pork in China,” he said in the UBS Morning Audio Comment.
- Reuters - UK Focus•7 days ago
CORRECTED-Africa sees increase in foreign investment, bucking global trend
Foreign investment in sub-Saharan Africa rose 13% last year to $32 billion, bucking a global downward trend and reversing two years of decline, according to a United Nations report. Development of new mining and oil projects, a new U.S. development-finance institution and the ratification of an agreement to create a continent-wide free-trade area could further boost foreign direct investment (FDI) in 2019, it said. Africa stands in sharp contrast to developed economies, which saw FDI inflows plunge 27% to their lowest level since 2004, the United Nations Conference on Trade and Development wrote in its "World Investment Report".
- Reuters - UK Focus•8 days ago
BUZZ-Standard Chartered, HSBC slide as Hong Kong protests escalate
- Reuters - UK Focus•8 days ago
UPDATE 2-Oil majors, banks drive European shares from 3-week high
Weakness in oil companies and banks halted a week long rally in European shares on Wednesday, as soft Chinese factory activity data and Washington's tough stance on trade talks with Beijing prompted investors to cash in some of June's gains. Defensive sectors such as media, healthcare and telecoms helped Europe's pan-regional STOXX 600 bounce off early lows. Expectations of looser monetary policy from the major central banks to counter a global growth slowdown have supported risk assets.
- Reuters - UK Focus•9 days ago
UPDATE 3-Hong Kong gears up for mass strikes as thousands rally overnight against extradition bill
Hong Kong braced for mass strikes on Wednesday after thousands braved thunderstorms overnight to stage fresh protests against a proposed extradition bill that would allow people to be sent to mainland China for trial. Hong Kong Chief Executive Carrie Lam said she would press ahead with the legislation despite deep concerns across large swathes of the Asian financial hub that on Sunday triggered its biggest political demonstration since its handover from British to Chinese rule in 1997.
- Simply Wall St.•9 days ago
Investors Who Bought HSBC Holdings (LON:HSBA) Shares Three Years Ago Are Now Up 53%
By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
- Bloomberg•13 days ago
HSBC’s Brazil Comeback Plan: Open Broker-Dealer, Boost Hiring
“We are still optimistic,” Alexandre Guiao, HSBC’s chief executive officer for Brazil, said in an interview at the bank’s Sao Paulo office. A non-compete period tied to the sale of the unit to Banco Bradesco SA ended in December, and HSBC’s strategy is to become “relevant” again in Brazil corporate and investment banking, Guiao said.
- Reuters - UK Focus•13 days ago
UPDATE 2-UK watchdog shakes up 'dysfunctional' bank overdraft market
Britain's banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority (FCA) said on Friday, in a radical change that will raise questions about the future of free in-credit banking. It said the changes would make overdrafts simpler, fairer and easier to manage, protecting the millions of consumers, and particularly the more vulnerable ones, who use overdrafts. "The overdraft market is dysfunctional, causing significant consumer harm," FCA Chief Executive Andrew Bailey said in a statement.
Yahoo Finance•15 days agoChase is removing the right of cardholders to sue — unless you opt out
Holders of almost all of Chase's popular credit cards — including the Sapphire Preferred and Reserve — will be subject to the new agreement, unless you opt out.
- Business Wire•17 days ago
HSBC Bank Launches Enhanced Premier Proposition
Offers no fees, no hassle and no borders on everyday banking transactions*
