HSBC Holdings, plc. News on Daylife

HSBC Says Employee Stole Client Data

Thu, 10 Dec 2009 09:21:38 GMT

The banking company HSBC Holdings said Wednesday that an employee had stolen client data from its Swiss private bank in 2006 and 2007.
Source: Dealbook

HSBC, China Financials Lift Hong Kong Shares

Thu, 10 Dec 2009 03:01:42 GMT

HONG KONG -- Hong Kong shares advanced early Thursday after an overnight rebound on Wall Street, with HSBC Holdings snapping a four-session losing streak, while stock gains in Shanghai boosted Chinese financial shares.
Source: FOX News

HSBC, China financials lift Hong Kong shares

Thu, 10 Dec 2009 02:19:53 GMT

HONG KONG (MarketWatch) -- Hong Kong shares advanced early Thursday after an overnight rebound on Wall Street, with HSBC Holdings snapping a four-session losing streak, while stock gains in Shanghai boosted Chinese financial shares.
Source: MarketWatch

HSBC close to buying RBS retail & SME biz in Asia

Wed, 09 Dec 2009 21:07:34 GMT

RNRL's submissions on the MoU Mumbai: The financially battered Royal Bank of Scotland (RBS) might have finally found a buyer for its retail and small & medium enterprises in India, China and Malaysia.
Source: Expressindia.com

Breaking up banks impractical, undesirable, says HSBC

Wed, 09 Dec 2009 19:05:58 GMT

HSBC Holdings Chairman Stephen Green said proposals to separate retail and investment banking are “unrealistic” and will slow economic growth because larger firms are needed to finance big companies.
Source: Business Standard

HSBC Says Employee Stole Client Data

Wed, 09 Dec 2009 16:16:19 GMT

ZURICH (Reuters) The banking giant, HSBC Holdings, said Wednesday that an employee had stolen client data from its Swiss private bank in 2006 and 2007, a new breach of Swiss bank secrecy, even though fewer than 10 clients were involved.
Source: The New York Times

Deal Stocks: AAPL, PG, SLE, YHOO, KFT

Wed, 09 Dec 2009 13:44:53 GMT

Royal Bank of Scotland (NYSE:RBS) and Sempra Energy (NYSE:SRE) have hiring Lazard (NYSE:LAZ) to sell their commodities-trading business -- RBS Sempra Commodities -- for more than $3 billion, the WSJ reported.
Source: The Deal: Blogs

RBS Close to Selling Assets to HSBC

Wed, 09 Dec 2009 11:50:18 GMT

By Patricia Kowsmann LONDON -- Royal Bank of Scotland Group PLC is close to selling its retail- and commercial-banking assets in China, India and Malaysia to U.K.peer HSBC Holdings PLC, people familiar with the situation said.
Source: Wall Street Journal

Quoted in 'British banking sector ratings unaffected by Dubai: Fitch'

Tue, 01 Dec 2009 12:55:33 GMT

said in Zawya.com:

HSBC Holdings plc and Standard Chartered plc are the UK-domiciled banks that are most active in the Middle East and would be the UK major banks most exposed to broader economic or market fallout in the region, should it occur.

Quoted in 'British banking sector ratings unaffected by Dubai: Fitch'

Tue, 01 Dec 2009 12:55:33 GMT

said in Zawya.com:

Fitch Ratings says the ratings of major UK-domiciled banking groups, including HSBC Holdings plc, The Royal Bank of Scotland Group plc, Lloyds Banking Group plc, Barclays Bank plc and Standard Chartered plc, are not currently expected to be affected purely by their exposures to the Middle East

India's fundamentals intact: HSBC Holdings

Thu, 15 Oct 2009 07:48:33 GMT

Photo from Reuters Pictures

Fri, 25 Sep 2009 11:15:13 GMT

HSBC Holdings Group Chairman Stephen Green attends a news conference in Hong Kong September 25, 2009.

Photo from Reuters Pictures

Fri, 25 Sep 2009 11:15:00 GMT

HSBC Holdings Chief Executive Michael Geoghegan (L) and Group Chairman Stephen Green attend a news conference in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.