HSBA.L - HSBC Holdings plc
| Previous close | 708.10 |
| Open | 711.90 |
| Bid | 710.00 x 200000 |
| Ask | 722.00 x 372700 |
| Day's range | 711.00 - 721.80 |
| 52-week range | 650.60 - 798.60 |
| Volume | 23,751,114 |
| Avg. volume | 28,057,464 |
| Market cap | 144.068B |
| Beta | 0.87 |
| PE ratio (TTM) | 15.27 |
| EPS (TTM) | 47.20 |
| Earnings date | 6 Aug 2018 |
| Forward dividend & yield | 0.37 (5.17%) |
| Ex-dividend date | 2018-05-17 |
| 1y target est | 10.02 |
- Fool.co.uk•yesterday
Lloyds Banking Group vs HSBC: which is the better FTSE 100 high yield stock?
Banks offer plenty of opportunity to make a packet. But which is the better choice, Lloyds Banking Group plc (LON: LLOY) or HSBC Holdings plc (LON: HSBA)?
Reuters•yesterdayEuropean shares bounce but trade jitters linger on
Better-than-expected euro zone economic data and energy stocks galvanized by an OPEC agreement on a modest increase in oil production helped drive a bounce in European shares at the end of a tumultuous week marred by trade war worries. Shares in European carmakers and Germany's DAX (.GDAXI) briefly tanked in afternoon trading after President Donald Trump threatened a 20 percent tariff on car imports from the European Union. "Anything that comes on Twitter is just really noise, I don't think you can use that as an official medium to make global policies," said Alastair Sandler, an equity sales trader at Northern Trust Capital Markets.
- Fool.co.uk•2 days ago
BP, HSBC & Imperial Brands: 3 high yield stocks that could boost your retirement savings
If you're looking for high-yield stocks, check out BP plc (LON: BP), HSBC Holdings plc (LON: HSBA) and Imperial Brands plc (LON: IMB).
- Business Wire•2 days ago
HSBC Jade Launches Concierge Service with Innovative Digital Platform to High-Net-Worth Clients
HSBC is launching an innovative global concierge service for its high-net-worth Jade clients to help them get easy access to the top restaurants, hotels, shows and exclusive experiences, wherever they are in the world. HSBC Jade offers a unique combination of personalized relationship management, advanced wealth solutions and luxury lifestyle services. Underpinned by all of HSBC’s everyday transactional banking features, Jade services are accessible through the client’s channel of choice including branch, phone and digital.
Reuters•3 days agoMalaysia to inject $698 million to complete 1MDB-linked financial district
Malaysia said on Thursday it will provide up to 2.8 billion ringgit (530 million pounds) to complete an integrated financial district from which more than 3 billion ringgit was diverted to pay debts of scandal-plagued 1Malaysia Development Berhad (1MDB). Finance Minister Lim Guan Eng said the decision will "help allay concerns" of local and foreign investors on the fate of the TRX City project in Kuala Lumpur.
- Bloomberg•3 days ago
Ex-HSBC's Mark Johnson to Be Freed From Jail Pending Appeal
Former HSBC Holdings Plc trader Mark Johnson, the first person to be convicted in a global crackdown on currency rigging, was ordered freed from prison as he pursues an appeal arguing that he didn’t know he was breaking U.S. law. The U.S. Court of Appeals in Manhattan granted Johnson’s request Tuesday to be released in a brief order. A federal jury in Brooklyn, New York, found Johnson, the bank’s former global head of foreign exchange, guilty of nine counts of wire fraud and conspiracy for front-running a $3.5 billion client order in December 2011.
- Reuters - UK Focus•5 days ago
CYBG and Virgin Money join forces to take on Britain's biggest banks
Mid-sized bank CYBG (Frankfurt: 30712270.F - news) has agreed to buy Virgin Money in a 1.7 billion pound ($2.3 billion) all-share deal that it said will create Britain's sixth-largest bank by assets and a stronger challenger to the country's top four lenders. Britain's biggest bank merger since the financial crisis was clinched by this month's sweetened bid from CYBG and will give Virgin Money shareholders, which include entrepreneur Richard Branson, about 38 percent of the combined group.
- Reuters•5 days ago
CYBG and Virgin Money join forces to take on Britain's biggest banks
Mid-sized bank CYBG has agreed to buy Virgin Money in a 1.7 billion pound ($2.3 billion) all-share deal that it said will create Britain's sixth-largest bank by assets and a stronger challenger to the country's top four lenders. Britain's biggest bank merger since the financial crisis was clinched by this month's sweetened bid from CYBG and will give Virgin Money shareholders, which include entrepreneur Richard Branson, about 38 percent of the combined group.
- Reuters•8 days ago
MOVES- State Street, Legal & General, Franklin Templeton
(Adds Macquarie Investment, Nomura Holdings, HSBC Holdings) June 15 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email ...
- Reuters•8 days ago
HSBC battles entrenched locals, past mistakes in U.S. credit card push
HSBC's push into credit cards and personal loans in the United States will be no easy task as the bank faces entrenched domestic rivals and the legacy of a previous disastrous foray into U.S. lending. The move by HSBC to embrace a riskier but more lucrative slice of the U.S. market, that it has largely shunned in recent years, is part of its broader strategy announced on Monday to improve profitability - eyeing a global return on equity of 11 percent by 2020. The bank's U.S. return on tangible equity, a key measure of profitability, is currently just 0.9 percent.
Reuters•9 days agoHSBC battles entrenched locals, past mistakes in U.S. credit card push
HSBC's push into credit cards and personal loans in the United States will be no easy task as the bank faces entrenched domestic rivals and the legacy of a previous disastrous foray into U.S. lending. The move by HSBC to embrace a riskier but more lucrative slice of the U.S. market, that it has largely shunned in recent years, is part of its broader strategy announced on Monday to improve profitability - eyeing a global return on equity of 11 percent by 2020. The bank's U.S. return on tangible equity, a key measure of profitability, is currently just 0.9 percent.
- Reuters•9 days ago
China Citic Bank outlines big ambitions for new Kazakh unit
China Citic Bank Corp has set a target to more than triple the assets of its newly acquired Kazakh unit, Altyn Bank, within three years, saying it can take advantage of growing trade under Beijing's Belt and Road project. China Citic board chairwoman Li Qingping said on Friday that the bank aims for Altyn Bank's assets to reach $4 billion by 2021. The Chinese bank completed its purchase of a 50.1 percent stake in Altyn Bank from Kazakhstan's Halyk Bank last month after initially agreeing the deal in 2016.
- Reuters - UK Focus•9 days ago
HSBC battles entrenched locals, past mistakes in U.S. credit card push
HSBC's push into credit cards and personal loans in the United States will be no easy task as the bank faces entrenched domestic rivals and the legacy of a previous disastrous foray into U.S. lending. The move by HSBC to embrace a riskier but more lucrative slice of the U.S. market, that it has largely shunned in recent years, is part of its broader strategy announced on Monday to improve profitability - eyeing a global return on equity of 11 percent by 2020.
- The Wall Street Journal•9 days ago
[$$] Former HSBC Executive Found Guilty of Fraud
PLC executive guilty on charges that he misused information about a client’s $3.5 billion currency trade to make millions of dollars for the bank. , HSBC’s former global head of foreign-exchange cash trading, was the first banker to face criminal charges stemming from a U.S. Justice Department probe into foreign exchange rate manipulations. “Mark Johnson exploited confidential information provided by a client of the bank to execute trades that were intended to generate millions of dollars in profits for him and the bank at the expense of their client,” Bridget M. Rohde, the acting U.S. Attorney in Brooklyn, said in a statement.
- Reuters•10 days ago
Hong Kong's central bank raises base rate 25 bps after Fed hike
The Hong Kong Monetary Authority (HKMA) raised the base rate charged through its overnight discount window by 25 basis points on Thursday to 2.25 percent after the U.S Federal Reserve raised interest rates by a quarter of a percentage point. Hong Kong tracks U.S. rate moves because its currency is pegged to the U.S. dollar.
- Forbes•10 days ago
How Does HSBC's New Growth Plan Impact Its Key Value Drivers?
The growth plan marks the end of the large-scale reorganization the geographically diversified banking giant has been undergoing since 2011 – something that resulted in a reduction in its global footprint through the disposal of many loss-making and non-core units worldwide. While the reorganization plan was essential given the changes in global regulatory requirements since the economic downturn, it led to a steady decline in revenues for HSBC over the years.
- Reuters - UK Focus•10 days ago
Egyptian Electricity Holding signs $900 million syndicated loan - sources
State-owned Egyptian Electricity Holding Company has completed a $900 million syndicated loan, banking sources close to the matter said. The debt facility, guaranteed by the Ministry of Finance, was coordinated ...
- Reuters•11 days ago
BoE to ensure banks recover quickly from IT troubles
Britain's major banks will have to meet targets for recovering from cyber attacks and other disruptions to key services, a senior Bank of England official said on Wednesday. Lyndon Nelson, deputy chief executive of the BoE's Prudential Regulation Authority arm, said banks needed to be resilient to cyber attacks, or IT disruptions like those at British bank TSB, where customers were unable to access their accounts because of computer problems.
- Reuters - UK Focus•11 days ago
BoE to ensure banks recover quickly from IT troubles
Britain's major banks will have to meet targets for recovering from cyber attacks and other disruptions to key services, a senior Bank of England official said on Wednesday. Lyndon Nelson, deputy chief executive of the BoE (Shenzhen: 000725.SZ - news) 's Prudential Regulation Authority arm, said banks needed to be resilient to cyber attacks, or IT disruptions like those at British bank TSB, where customers were unable to access their accounts because of computer problems.
- Reuters•11 days ago
BoE to set IT disruption recovery targets for banks
Britain's major banks will be set targets for recovering from cyber attacks and other disruptions to key services, a senior Bank of England official said on Wednesday. Lyndon Nelson, Deputy Chief Executive of the BoE's Prudential Regulation Authority arm, said banks need to be resilient to cyber attacks, or IT disruptions like those at TSB bank in recent weeks.
- Reuters - UK Focus•11 days ago
BoE to set IT disruption recovery targets for banks
Britain's major banks will be set targets for recovering from cyber attacks and other disruptions to key services, a senior Bank of England official said on Wednesday. Lyndon Nelson, Deputy Chief Executive of the BoE (Shenzhen: 000725.SZ - news) 's Prudential Regulation Authority arm, said banks need to be resilient to cyber attacks, or IT disruptions like those at TSB bank in recent weeks.
- Zacks•11 days ago
HSBC to Focus on Growth and Expansion for Higher Profits
HSBC aims to improve performance with special focus on building operations in Asia including Hong Kong, in order to deliver high single digit revenue growth every year.
- The Wall Street Journal•12 days ago
[$$] HSBC CEO Promises to Invest $17 Billion in Technology and Asia Growth
LONDON—The new chief executive of HSBC Holdings PLC said Monday the bank is in growth mode and plans to invest up to $17 billion in China and new technologies, but ruled out major acquisitions in the near future. In his first strategy update since taking over from former CEO Stuart Gulliver in February, John Flint said the bank is on the right track but needs to pick up the pace on improving returns. To get there, he said HSBC will invest more in Asia, including in China’s Pearl River Delta region and the bank’s wealth businesses, and in technology.
Reuters•12 days agoFrance tells banks to hold capital buffer for loan risks
France's financial stability council on Monday took the unprecedented step of requiring banks to keep extra capital set aside for risks related to a private sector borrowing binge. The council, headed by the finance minister, imposed a so-called counter-cyclical buffer of 0.25 percent on banks' risk-weighted assets in France on a recommendation from the central bank. All French banks already have sufficient capital on hand to meet the limit, a source close to the council said.
- Reuters - UK Focus•12 days ago
France tells banks to hold capital buffer for loan risks
France's financial stability council on Monday took the unprecedented step of requiring banks to keep extra capital set aside for risks related to a private sector borrowing binge. The council, headed by the finance minister, imposed a so-called counter-cyclical buffer of 0.25 percent on banks' risk-weighted assets in France on a recommendation from the central bank.
