Research Analysts’ Updated EPS Estimates for September, 29th…
Liberum Capital currently has a GBX 2,030 price target on the stock. had its neutral rating reissued by analysts at J P Morgan Chase & Co.
Category Archives: HSBC Holdings
HSBC Converts Sterling Wave From Brits Spooked by Corbyn, Brexit
HSBC Holdings Plc isn't plastering Heathrow with its "world's local bank" tagline anymore, but a Brexit-battered pound and a political swing to the left have spurred internationally minded Brits to snap up its foreign-currency accounts. Demand for HSBC Currency Accounts, which let customers hold cash in foreign currencies in the U.K., spiked 23 percent in June from the previous month, spokesman Ankit Patel said.
HSBC Said Close to Naming AIA’s Mark Tucker as Chairman
HSBC Holdings Plc has made insurance executive Mark Tucker the preferred candidate to be chairman, replacing Douglas Flint, according to two people familiar with the decision, as Europe's largest bank takes the first step to overhaul its top management team. Prudential Plc , is in discussions with the bank, according to the people who asked not to be identified because the succession process is private. Flint, 61, is expected to step down after six years as executive chairman and 21 years at the bank.
HSBC walks US regulatory tightrope over US$10 billion of ‘trapped’ capital
Britain's HSBC is seeking to release billions of dollars of capital tied up in the United States without upsetting the country's politicians and regulators, senior sources at the bank said. A logo of HSBC is displayed outside a branch in the financial district in Hong Kong, China, June 2, 2015.
US said to weigh HSBC charge that could upend 2012 settlement
US prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution. [NEW YORK] US prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution.