Edition:
United States

HSBC Holdings PLC (0005.HK)

0005.HK on Hong Kong Stock

75.10HKD
21 Jul 2017
Change (% chg)

-- (--)
Prev Close
HK$75.10
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
25,197,927
52-wk High
HK$75.90
52-wk Low
HK$49.75

Latest Key Developments (Source: Significant Developments)

HSBC enters EUR1.38 bln subscription agreement in relation to securities
Friday, 30 Jun 2017 06:36am EDT 

June 30 (Reuters) - Hsbc Holdings Plc :Announces issuance of perpetual subordinated contingent convertible securities.Entered into a subscription agreement dated 30 June 2017 in relation to securities.Pursuant to subscription deal, managers have agreed jointly to subscribe for firm securities issued by co in an aggregate amount of up to EUR1.38 billion.  Full Article

HSBC Holdings to issue up to 1.38 bln euros convertible securities
Friday, 30 Jun 2017 05:45am EDT 

June 30 (Reuters) - HSBC Holdings Plc ::Intends to issue up to 1.38 bln euros 4.75 pct perpetual subordinated contingent convertible securities on 4 July 2017.Denomination of securities will be 200,000 euros and integral multiples of 1,000 euros in excess thereof up to and including 399,000 euros.  Full Article

Hong Kong authorities ban ex-employee HSBC from re-entering industry for eight months
Tuesday, 13 Jun 2017 05:00am EDT 

June 13 (Reuters) - Hong Kong Securities and Futures Commission :Ssays it bans Li Bo, former employee of the Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for eight months.  Full Article

HSBC Holdings to issue S$1 bln 4.70% perpetual subordinated contingent convertible securities
Tuesday, 6 Jun 2017 06:05am EDT 

June 6 (Reuters) - Hsbc Holdings Plc :Intends to issue s$1 billion 4.70% perpetual subordinated contingent convertible securities on 8 june 2017.‍Application will be made for securities to be listed on global exchange market of irish stock exchange​.Intends to use net proceeds from sale of securities to further strengthen company's capital base pursuant to requirements under crd iv​.Net proceeds from issuance of securities, after deduction of commission, are expected to be s$990 million.  Full Article

HSBC Holdings to issue perpetual subordinated contingent convertible securities
Monday, 15 May 2017 06:19pm EDT 

May 16 (Reuters) - Hsbc Holdings Plc ::Intends to issue US$3 billion 6.000% perpetual subordinated contingent convertible securities.  Full Article

HSBC CEO says 1000 jobs moving to Paris is based on 'hard brexit' scenario
Thursday, 4 May 2017 04:26am EDT 

May 4 (Reuters) - Hsbc Holdings Plc :Hsbc ceo says figure of 1000 jobs moving to paris is based on 'hard brexit' scenario.  Full Article

HSBC CFO rules out fresh buybacks in short term
Thursday, 4 May 2017 01:43am EDT 

May 4 (Reuters) - Hsbc Holdings Plc :Hsbc cfo says no immediate plans for fresh buybacks or dividend raise despite strong capital build.  Full Article

HSBC posts Q1 reported profit before tax of $5.0 bln, down 19 pct
Thursday, 4 May 2017 12:02am EDT 

May 4 (Reuters) - Hsbc Holdings Plc ::Q1 adjusted revenue of $12.8bn, up $0.3bn or 2%.Common equity tier 1 ratio of 14.3% and a leverage ratio of 5.5% as at quarter end.Q1 reported operating expenses of $8.3bn were $0.1bn or 1% higher.Qtrly reported profit before tax of $5.0bn down $1.1bn or 19%.Compared with 4q16, reported profit before tax was up $8.4bn; adjusted profit before tax was up $3.3bn for quarter."Completed our $1.0bn share buy-back in April".Board announces a first interim dividend for 2017 of $0.10."Now exceeded risk-weighted asset reduction target that we set in 2015 and will continue to remove low-return risk-weighted assets".Cost-saving programme remains on track to hit higher cost-saving target we announced at our annual results.."Targeted initiatives removed another $13bn of risk-weighted assets in Q1".  Full Article

HSBC says to maintain current dividend for foreseeable future
Friday, 28 Apr 2017 06:16am EDT 

April 28 (Reuters) - Hsbc Holdings Plc :Our current intention is to sustain annual dividend at current level for foreseeable future -Chairman.We may need to relocate some 1,000 roles from london to paris progressively over next two years.Our clear preference is to retain as much activity in uk as we can.If globalisation continues to retreat, as currently seems likely, we expect world to evolve into big trading blocs.  Full Article

HSBC says non-executive director Paul Walsh resigns
Friday, 21 Apr 2017 10:50am EDT 

April 21 (Reuters) - Hsbc Holdings Plc :Non-executive director Paul Walsh, who joined board on 1 January 2016, has today informed company that he has resigned from board.Walsh will not be seeking re-election by shareholders at annual general meeting of company to be held on 28 april 2017.  Full Article

Photo

Bank of England opens up payments systems to spur fintech

LONDON The Bank of England has widened access to Britain's interbank payments system to increase competition from new fintech firms in the financial system, where the "Big Four" high street banks have long dominated.