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HSBC Holdings PLC (HSBA.L)

HSBA.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

HSBC Says Pension Allowance Cash In Lieu For New Executive Director Reduced To 10 Pct Of Base Salary
Friday, 15 Mar 2019 05:00am EDT 

March 15 (Reuters) - 0005.HK <0005.HK>::HSBC - FOR ANY NEW EXECUTIVE DIRECTOR, CASH IN LIEU OF PENSION ALLOWANCE WILL REDUCE TO 10% OF BASE SALARY FROM ITS CURRENT LEVEL OF 30%.HSBC - GROUP REMUNERATION COMMITTEE HAS ENGAGED WITH A NUMBER OF ITS KEY SHAREHOLDERS REGARDING REMUNERATION POLICY FOR EXECUTIVE DIRECTORS.HSBC - ANNOUNCING CLARIFICATION OF NEW REMUNERATION POLICY TO REDUCE EXEC DIRECTOR PENSION CONTRIBUTIONS AFTER CONSIDERING OF EMERGING MARKET PRACTICE.HSBC-REMCO AGREED TO APPLY CHANGE TO PENSION CONTRIBUTION ELEMENT IN RESPECT OF EXISTING EXECUTIVE DIRECTORS,NEW EXECUTIVE DIRECTOR UNDER 2019 POLICY.  Full Article

HSBC Holdings Stake In Ophir Energy Now "Below Disclosure Threshold"
Friday, 8 Mar 2019 03:47am EST 

March 8 (Reuters) - Ophir Energy::HSBC HOLDINGS STAKE IN OPHIR ENERGY IS NOW "BELOW DISCLOSURE THRESHOLD" FROM EARLIER STAKE OF 11.429 PERCENT- FILING.  Full Article

HSBC Holdings Declared Fourth Interim Dividend For 2018 US$0.21/Ordinary Shr
Thursday, 28 Feb 2019 05:01am EST 

Feb 28 (Reuters) - 0005.HK <0005.HK>::DECLARED A FOURTH INTERIM DIVIDEND FOR 2018 OF US$0.21 PER ORDINARY SHARE.  Full Article

HSBC Appoints José Antonio Meade Kuribreña As An Independent Non-Exec Director
Monday, 25 Feb 2019 07:15am EST 

Feb 25 (Reuters) - HSBC Holdings::CHANGES TO BOARD AND COMMITTEE COMPOSITION.APPOINTMENT OF JOSÉ ANTONIO MEADE KURIBREÑA AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR.MEADE WILL ALSO BE APPOINTED AS A MEMBER OF NOMINATION & CORPORATE GOVERNANCE COMMITTEE.MEADE'S APPOINTMENT WILL BE FOR 3-YEAR TERM WHICH WILL EXPIRE AT CONCLUSION OF 2022 AGM.LORD EVANS OF WEARDALE, INDEPENDENT NON-EXECUTIVE DIRECTOR TO RETIRE FROM BOARD AT CONCLUSION OF 2019 AGM.  Full Article

HSBC Chief Executive John Flint Paid 4.6 Million Stg In 2018
Tuesday, 19 Feb 2019 12:38am EST 

HSBC Holdings PLC ::HSBC CHIEF EXECUTIVE JOHN FLINT PAID 4.6 MILLION STG IN 2018.  Full Article

HSBC FY Adjusted Profit Before Tax $21.72 Bln Vs $21.13 Bln
Monday, 18 Feb 2019 11:03pm EST 

Feb 19 (Reuters) - HSBC Holdings Plc ::COMMON EQUITY TIER 1 RATIO AS AT DEC 31, 2018 14.0% VERSUS 14.3 % AS AT SEPT 30, 2018.DECLARES ANNUAL DIVIDEND OF $0.51 PER SHARE.FY ADJUSTED REVENUE $ 53,940 MILLION VERSUS $51,661 MLN.FY ADJUSTED PROFIT BEFORE TAX $ 21,719 MILLION VERSUS $ 21,133 MILLION A YEAR AGO.FY ADJUSTED OPERATING EXPENSES $33.0 BILLION, UP 6%.FY REPORTED REVENUE $ 53,780 MILLION VERSUS $51,445 MILLION.FY REPORTED PROFIT BEFORE TAX $ 19,890 MILLION VERSUS $ 17,167 MILLION A YEAR AGO.HAVE MADE A GOOD START TO 2019, GROUP REVENUE PERFORMANCE IN JANUARY WAS AHEAD OF PLAN.SAYS FY REPORTED PROFIT BEFORE TAX REFLECTS REVENUE GROWTH IN ALL ITS GLOBAL BUSINESSES.CONTINUE TO PREPARE FOR UK'S DEPARTURE FROM EU IN ORDER TO PROVIDE CONTINUITY FOR CUSTOMERS IN UK AND MAINLAND EUROPE.REMAIN ALERT TO DOWNSIDE RISKS OF CURRENT ECONOMIC ENVIRONMENT, ESPECIALLY THOSE RELATING TO UK ECONOMY AND GLOBAL TRADE TENSIONS.DIFFERENCES BETWEEN CHINA AND US WILL LIKELY CONTINUE TO INFORM SENTIMENT IN 2019.SAYS FY REPORTED REVENUE UP HELPED BY A RISE IN DEPOSIT REVENUE PRIMARILY IN ASIA PARTLY OFFSET BY LOWER REVENUE IN CORPORATE CENTRE.FUNDAMENTALS FOR GROWTH IN ASIA REMAIN STRONG IN SPITE OF A SOFTER REGIONAL ECONOMIC OUTLOOK.TANGIBLE EQUITY TARGET OF OVER 11% BY 2020.SAYS TOTAL DIVIDENDS IN RESPECT OF YEAR OF $10.2 BILLION; CONFIDENT OF MAINTAINING DIVIDEND "AT THIS LEVEL".CHINA REMAINS SUBJECT TO DOMESTIC AND EXTERNAL PRESSURES, BUT WE EXPECT IT TO MAINTAIN STRONG GROWTH.  Full Article

HSBC Says Recognised $626 Mln Provision For Tax-Related Investigations As At Dec. 31
Monday, 18 Feb 2019 11:03pm EST 

Feb 19 (Reuters) - HSBC Holdings PLC <0005.HK>::POSSIBLE THAT ADDITIONAL ACTIONS WILL BE INITIATED AGAINST HSBC IN RELATION TO ITS HISTORICAL FOREIGN EXCHANGE ACTIVITIES.IN OCT'18, HSBC HOLDINGS AND HSBC BANK RECEIVED INFORMATION REQUEST FROM EC REGARDING POTENTIAL COORDINATION IN FOREX OPTIONS TRADING.AS AT 31 DEC 2018, HSBC HAS RECOGNISED A PROVISION FOR MATTERS RELATED TO TAX-RELATED INVESTIGATIONS OF $626 MILLION.ESTIMATE OF POSSIBLE AGGREGATE PENALTIES THAT MIGHT ARISE AS A RESULT OF TAX-RELATED INVESTIGATION MATTERS IS ABOUT $800 MLN.HSBC SAYS CO NAMED AS A DEFENDANT IN CLASS ACTION FILED IN U.S. COURT ON OVER-THE-COUNTER BUY OF INSTRUMENTS PAYING INTEREST INDEXED TO ICE LIBOR.HSBC PRIVATE BANK (UK) RECEIVED A LETTER BEFORE CLAIM BY INVESTORS IN ECLIPSE FILM FINANCE SCHEMES IN FEB.  Full Article

HSBC Holdings Raises Stake To 9.197 Pct From 7.104 Pct In Ophir Energy
Friday, 8 Feb 2019 04:33am EST 

Feb 8 (Reuters) - Ophir Energy::HSBC HOLDINGS RAISES STAKE TO 9.197 PERCENT FROM 7.104 PERCENT IN OPHIR ENERGY PLC - FILING.  Full Article

India's SBI Selects Banks For $1.4 Bln Share Sale- Bloomberg
Thursday, 10 Jan 2019 05:39am EST 

Jan 10 (Reuters) - :INDIA'S SBI SELECTS BANKS FOR $1.4 BILLION SHARE SALE- BLOOMBERG, CITING SOURCES.THE GOVERNMENT-RUN LENDER PICKED BANK OF AMERICA CORP, CLSA LTD. AND HSBC HOLDINGS PLC TO ARRANGE THE OFFERING- BLOOMBERG.  Full Article

HSBC Holdings Says CET1 Capital Ratio Projected To Reach Low Point Of 8.2%
Wednesday, 28 Nov 2018 06:53pm EST 

Nov 29 (Reuters) - 0005.HK <0005.HK>::NOTES PUBLICATION OF RESULTS OF BANK OF ENGLAND'S 2018 CONCURRENT STRESS TEST.ON AN IFRS 9 NON-TRANSITIONAL BASIS, HSBC'S CET1 CAPITAL RATIO IS PROJECTED TO REACH A LOW POINT OF 8.2%.  Full Article

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HSBC says number of jobs moved so far due to Brexit is tiny

BIRMINGHAM, England HSBC has so far moved only a "tiny" number of jobs to Paris in order to deal with Brexit, Chief Executive John Flint said on Friday, in the bank's most detailed comments yet on its plans.