HSBC Holdings Share News (HSBA)

Ten big banks settle US interest rate swaps rigging litigation

NEW YORK, June 27 (Reuters) - Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps.

Bank of England highlights private equity vulnerabilities

LONDON, June 27 (Reuters) - Risk management in the private equity sector needs improving, the Bank of England said on Thursday, particularly as the period of low interest rates ends and leads to higher financing costs for risky debt in a highly leveraged industry.

US banks suffer steeper losses, but retain large cushions in annual Fed health check

WASHINGTON, June 26 (Reuters) - The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios.

US banks suffer steeper losses, but retain large cushions in annual Fed health check

WASHINGTON, June 26 (Reuters) - The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios.

UBS bolsters Middle East wealth management business with 10 new hires

DUBAI, June 25 (Reuters) - UBS has strengthened its wealth management team in the Middle East with 10 new hires, it said on Tuesday, as the Swiss bank moves to tap into the influx of expatriates and growing population of rich individuals in the region.

Energy Development Oman plans 7-year sukuk sale, document shows

June 24 (Reuters) - State-owned Energy Development Oman plans to sell U.S. dollar denominated 7-year Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Monday.

ABN Amro nears deal to buy HSBC's German private bank, Boersenzeitung says

FRANKFURT, June 21 (Reuters) - Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth management unit in the country, newspaper Boersenzeitung reported on Friday, without specifying its sources.

ABN Amro nears deal to buy HSBC's German private bank, Boersenzeitung says

FRANKFURT, June 21 (Reuters) - Dutch bank ABN Amro is seeking to further expand in Germany as it is nearing a deal to acquire HSBC's wealth management unit in the country, newspaper Boersenzeitung reported on Friday, without specifying its sources.

HSBC Swiss unit breached money laundering rules, says watchdog

(Sharecast News) - Switzerland's financial watchdog said HSBC's private bank in the country had breached its obligations in the prevention of money laundering in connection with two unnamed "politically exposed" persons.

UK's Labour pledges to plug gaps left by bank branch closures

LONDON, June 17 (Reuters) - Britain's Labour Party said on Monday it would give regulators new powers to significantly increase the number of 'banking hubs' on high streets if voted into government next month.

LONDON BROKER RATINGS: Goldman Sachs cuts SSP Group to 'sell'

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

UK dividends calendar - next 7 days

World Bank to issue bond to boost Amazon reforestation

SAO PAULO, June 13 (Reuters) - The World Bank said on Tuesday it will issue a new bond expected to raise some $200 million to support its sustainability activities and reforestation in Brazil's Amazon, and has chosen HSBC to structure the transaction.

Britain's Lloyds Bank consolidates London offices

LONDON, June 13 (Reuters) - Lloyds Banking Group will leave one of its London office sites as part of a consolidation into three remaining premises, the British bank said on Thursday.

Revolut picks new Canary Wharf HQ as it expands headcount

LONDON, June 13 (Reuters) - Britain's Revolut is to become the first tenant in a newly refurbished building in London's Canary Wharf financial district, taking on 40% more floorspace for its new headquarters as the fintech firm accelerates hiring.