HSBC Holdings Share News (HSBA)

HSBC eyes leading role in banking for VCs, startups after hiring wave

NEW YORK, June 13 (Reuters) - HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups globally after building a large team of technology and healthcare bankers in the United States, Hong Kong and Israel, a senior executive said.

Pound jumps to monthly high after wage shocker, US inflation data

LONDON, June 13 (Reuters) - The pound rose to its highest in over a month on Tuesday as strong wage growth heaped pressure on the Bank of England to keep raising interest rates while the dollar fell after data showed U.S. inflation cooled sharply last month.

Malaysia's Maybank recruits regional head of investment banking

SINGAPORE, June 13 (Reuters) - Malaysian lender Malayan Banking, known as Maybank, this month appointed former HSBC banker Jason Khoo as regional head of investment banking and advisory at its investment banking arm.

HSBC to wind down New Zealand wealth and personal banking business

(Sharecast News) - HSBC has decided to wind down its wealth and personal banking business in New Zealand.

LONDON BROKER RATINGS: Citigroup cuts Admiral Group to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

TOP NEWS: BoE's Haskel says further rate hikes 'cannot be ruled out'

(Alliance News) - Further interest rate rises "cannot be ruled out" amid decades-high inflation in the UK, a Bank of England policymaker said.

HSBC relaunches Silicon Valley Bank UK as HSBC Innovation Banking

(Alliance News) - HSBC Holdings PLC on Monday launched HSBC Innovation Banking, its rebrand of Silicon Valley Bank UK, which HSBC bought following the collapse of its US parent earlier this year.

Sunday newspaper round-up: Bank of England, Sturgeon, Melrose

(Sharecast News) - Experts believe that the Bank of England will have to jack up its base rate from 4.5% at present to 5.5% by the end of 2023 in order to tame stubbornly high inflation. It was that prospect that had already resulted in lenders and building societies to raise the cost of fixed-rate mortgages or to pull deals altogether, as HSBC did during the preceding week. Higher rates also have implications for the cost of servicing the country's debts, in turn eliminating the Chancellor's already limited headroom to push through tax cuts before the elections. - The Financial Mail on Sunday

Natural evolution: Record Galapagos deal sparks clamour for eco-friendly debt swaps

Ecuador scored $1.1 billion Galapagos conservation debt swap

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Natural evolution: Record Galapagos deal sparks clamour for eco-friendly debt swaps

Ecuador scored $1.1 billion Galapagos conservation debt swap

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Santander bets on exporters to boost its UK banking business

Navigator platform seeks to join up customers across its network

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IN BRIEF: IG Design jumps as refinances lending facilities

IG Design Group PLC - Newport Pagnell, England-based designer and manufacturer of celebrations products, including greetings cards, gift wrap, Christmas crackers, gift bags and partywares - Negotiates a three-year refinancing of its lending facilities with HSBC Holdings PLC and NatWest Group PLC for USD125 million. Company also extends its overdraft facility with HSBC. The new facility replaces its previous revolving credit facilities agreed in 2019. Says the facility provides "more than sufficient" headroom to fund its working capital needs over the three years.

London stocks rise as US averts default; Dechra surges

Pelatro up on middle-east contract win

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Oil settles lower on weak China data, stronger US dollar

May 31 (Reuters) - Oil prices settled lower on Wednesday, pressured by a stronger U.S. dollar and weak data from top oil importer China that fed demand fears.

Investment manager Lansdowne Partners to buy $1.1 bln CRUX Asset Management

LONDON, May 31 (Reuters) - London-based investment manager Lansdowne Partners LLP said on Wednesday it had agreed to acquire the $1.1 billion UK equities manager CRUX Asset Management, subject to regulatory approval, according to an investor letter seen by Reuters.