Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

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
Get Live Data
Share Price: 693.40
Bid: 693.20
Ask: 693.40
Change: 5.30 (0.77%)
Spread: 0.20 (0.029%)
Open: 690.00
High: 694.50
Low: 687.70
Prev. Close: 688.10
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Citi tops FX industry poll for first time since 2002

Fri, 09th May 2014 03:03

* Citi ends Deutsche's bid for 10th consecutive top spot

* Top 5 banks account for 60.62 pct of market share

By Shinichi Saoshiro

TOKYO, May 9 (Reuters) - Citibank claimed the biggest shareof the foreign exchange market for the first time since 2002, aEuromoney poll showed.

For the 2014 annual survey Citi displacedsecond-ranked Deutsche Bank, which had been top fornine straight years.

Citi accounted for 16.04 percent of the $5.3 trillion a dayforex market, up from 14.90 percent last year, the poll releasedlate on Thursday showed.

Deutsche was narrowly edged out with a market share of 15.67percent, up from 15.18 percent last year.

The biggest leap among the top 10 banks was made by Bank ofAmerica-Merrill Lynch, which rose to seventh place fromlast year's 10th spot.

RBS suffered a substantial fall in market share, to3.25 percent from 5.62 percent in 2013 and sliding to eighthfrom seventh place. RBS had ranked as high as fourth in the 2009survey.

The market share of the top five banks rose to 60.62 percentfrom 57.36 percent.

The institutional foreign exchange market has recently beenunder global investigation for alleged collusion and pricerigging.

Overall - 2014 Overall 2013----------------------------- ----------------------- Rank Bank Share Bank Share1 Citi 16.04% Deutsche Bank 15.18%2 Deutsche Bank 15.67% Citi 14.90% 3 Barclays 10.91% Barclays 10.24%4 UBS 10.88% UBS 10.11% 5 HSBC 7.12% HSBC 6.93%------------------------------------------------------------ (Editing by Jacqueline Wong)

More News
2 Aug 2023 07:50

LONDON BRIEFING: Taylor Wimpey profit falls; BAE Systems revenue up

(Alliance News) - Stocks in London are called to open lower on Wednesday, after Fitch's US rating downgrade caused Asian markets to fall sharply.

Read more
1 Aug 2023 21:18

Gloomy data makes investors more cautious on world economy

Wall Street stocks mixed

*

Read more
1 Aug 2023 18:42

Gloomy data makes investors more cautious on global economy

Wall Street stocks mixed

*

Read more
1 Aug 2023 17:19

UK's FTSE 100 falls as weak China data hurts miners

Miners lead losses on weak China data

*

Read more
1 Aug 2023 17:17

European shares start August on sour note as global factory activity falters

STOXX 600 ends down 0.9%

*

Read more
1 Aug 2023 16:56

LONDON MARKET CLOSE: Lacklustre session on manufacturing PMI weakness

(Alliance News) - Blue-chip European equities ended lower on Tuesday, with weaker manufacturing data weighing on stock markets, while the dollar was on the up, benefitting from the cautious mood.

Read more
1 Aug 2023 15:52

Gloomy data makes investors more cautious on global economy

Wall Street stocks mixed

*

Read more
1 Aug 2023 14:50

Gloomy data tempers optimism on global economy

Wall Street stocks mixed

*

Read more
1 Aug 2023 11:56

Stocks, oil slide as gloomy data tempers optimism on economy

Euro STOXX down 0.6% after July gain of 2%

*

Read more
1 Aug 2023 09:08

Stocks, oil resilient amid cautious optimism on economy

Euro STOXX down 0.2% after July gain of 2%

*

Read more
1 Aug 2023 07:50

LONDON BRIEFING: Stocks called down; BP launches share buyback

(Alliance News) - Stocks in London are set to open marginally lower on Tuesday, amid of a slew of economic data across the globe.

Read more
1 Aug 2023 07:46

HSBC boosted by rising interest rates as H1 profits grow

(Sharecast News) - HSBC posted a rise in first-half profits on Tuesday as it benefited from rising interest rates, and announced a share buyback of up to $2bn.

Read more
1 Aug 2023 06:13

TOP NEWS: HSBC announces buyback as profit rockets to USD21.7 billion

(Alliance News) - HSBC PLC on Tuesday reported "broad-based profit generation" across its global operations in the first half, revising its annual guidance upwards slightly and announcing another quarterly dividend and share buyback.

Read more
31 Jul 2023 13:22

Bumper earnings will broaden a narrow tech-led stocks rally, analysts say

July 31 (Reuters) - A handful of technology firms and last year’s laggards have so far driven the heady rise in U.S. and global stock markets this year, but bumper earnings surprises could now lift more sectors and stocks and broaden the rally, analysts say.

Read more
31 Jul 2023 11:00

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.