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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 689.30
Bid: 690.00
Ask: 690.30
Change: 1.20 (0.17%)
Spread: 0.30 (0.043%)
Open: 690.00
High: 694.50
Low: 687.70
Prev. Close: 688.10
HSBA Live PriceLast checked at -

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Banking stocks rise with Morgan Stanley upbeat about QE impact

Wed, 01st Apr 2015 14:01

Shares of UK domestic lenders were making gains on Wednesday after upbeat comments from analysts at Morgan Stanley in a note issued after the US bank's conference on the financial sector last week.Morgan Stanley named British banks Barclays and Lloyds among its most preferred stocks in the European banking and financial sector. Both were rated 'overweight'.However, global banks Standard Chartered and HSBC were among the least preferred and were rated 'underweight'. RBS was labelled 'equal weight'.Morgan Stanley, which said companies at the conference were "cautiously optimistic" about current conditions, lifted target prices for UK banks by 5-10%.A "nascent" Eurozone recovery, the impact of the European Central Bank's quantitative easing (QE) programme, restructuring and growing regulatory clarity were cited as reasons for the more bullish outlook."QE boosts asset/wealth managers the most but may also help banks buck the five-year trend of falling fixed income, currencies and commodities income."Many banks pointed to their corporate and institutional divisions, seeing a strong Q1 from trading income," Morgan Stanley explained.Banks also apparently noted "green shoots" in lending volumes in Italy, Spain and France and the potential for lower bad debts.However, investors number-one concern about the banking sector was still regulatory uncertainty, and dividend payments will be a sign of banks' "rehabilitation".UK-listed banking stocks were rising an average 1.2% in afternoon trade, with Barclays and Lloyds up 2.9% and 1.4% respectively.
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HSBC UK arm and First Direct unit unveil plans to boost savings rates

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IN BRIEF: Life Science REIT refinances debt facilities

Life Science REIT PLC - life science property-focused real estate investment trust - Refinances its existing GBP150 million term loan and revolving credit facility, which is secured on its existing portfolio. Says refinanced facilities provided by existing lender HSBC Holdings PLC, with the Bank of Ireland joining the syndicate as an additional lender. The facilities with HSBC and BoI now include GBP100 million fully drawn term loan, increased from GBP75 million, as well as a GBP50 million RCF, with the terms of both extended to March 2026. Additionally, now has GP35 million accordion facility on RCF.

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27 Jun 2023 07:56

LONDON BRIEFING: Stocks called up; record profit for Telecom Plus

(Alliance News) - Stock prices in London were set to open higher on Tuesday, following a positive session for equities in Hong Kong and Shanghai.

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HSBC says to shift global headquarters to London finance district

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UK finance minister Hunt says banks are slow to pass on rate hikes to savers

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