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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.
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
For HSBC Holdings , their Middle East loan book is around $25 billion, or around 3% of group
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HSBC Holdings Group Chairman Stephen Green attends a news conference in Hong Kong September 25, 2009.
View Photo »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.
View Photo »HSBC Holdings Chief Executive Michael Geoghegan attends 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.
View Photo »HSBC Holdings Chief Executive Michael Geoghegan attends 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.
View Photo »HSBC Holdings Chief Executive Michael Geoghegan poses for a photo before attending a directorate meeting 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.
View Photo »HSBC Holdings Chief Executive Michael Geoghegan (L), Group Chairman Stephen Green and Executive Director and Asia-Pacific Chairman Vincent Cheng (R) attend a news conference in Hong Kong September 25, 2009.
View Photo »HSBC Holdings Chief Executive Michael Geoghegan attends 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.
View Photo »Barclays PLC office, left, and its rival HSBC PLC office are seen in the financial district of Canary Wharf in London, Monday, Aug. 3, 2009.
View Photo »People walk by a branch of HSBC bank in the City of London, Monday, Aug. 3, 2009. HSBC Holdings PLC, the world's fifth-largest bank in terms of assets said Monday that profits had fallen by more than half during the first six months of the year.
View Photo »People walk by a branch of HSBC bank in the City of London, Monday, Aug. 3, 2009. HSBC Holdings PLC, the world's fifth-largest bank in terms of assets said Monday that profits had fallen by more than half during the first six months of the year.
View Photo »People walk by a branch of HSBC bank in central London, Monday, Aug. 3, 2009. HSBC Holdings PLC, the world's fifth-largest bank in terms of assets said Monday that profits had fallen by more than half during the first six months of the year.
View Photo »Stephen Green (C), Group Chairman of HSBC Holdings plc, speaks alongside HSBC Asia Pacific Chairman Vincent Cheng (L) and HSBC Asia Pacific CEO Sandy Flockhart during a news conference to announce the company's results in Hong Kong August 3, 2009.
View Photo »Stephen Green, Group Chairman of HSBC Holdings Plc, attends a news conference in Hong Kong to announce the company's results August 3, 2009.
View Photo »Stephen Green (bottom), Group Chairman of HSBC Holdings Plc, attends a news conference accompanied by a staff, in Hong Kong to announce the company's results August 3, 2009.
View Photo »Stephen Green, Group Chairman of HSBC Holdings Plc, attends a news conference in Hong Kong to announce the company's results August 3, 2009.
View Photo »A branch of HSBC bank is seen, in central London August 3, 2009. HSBC Holdings, Europe's biggest bank, said its first half profits halved from a year ago to $5 billion as it was hit by rising bad debts in the United. States, Europe and Asia.
View Photo »Stephen Green, center, group chairman of HSBC Holdings PLC, speaks during a press conference to announce the bank's 2009 interim results in Hong Kong Monday, Aug. 3, 2009.
View Photo »Stephen Green, center, group chairman of HSBC Holdings PLC, speaks during a press conference to announce the bank's 2009 interim results in Hong Kong Monday, Aug. 3, 2009.
View Photo »Stephen Green group chairman of HSBC Holdings PLC, gestures during a press conference to announce the bank's 2009 interim results in Hong Kong Monday, Aug. 3, 2009.
View Photo »Stephen Green, center, group chairman of HSBC Holdings PLC, speaks during a press conference to announce the bank's 2009 interim results in Hong Kong Monday, Aug. 3, 2009.
View Photo »Flowers are seen in front of the headquarters of HSBC Holdings PLC in Hong Kong Monday, Aug. 3, 2009.
View Photo »Stephen Green, group chairman of HSBC Holdings PLC, speaks during a press conference to announce the bank's 2009 interim results in Hong Kong Monday, Aug. 3, 2009.
View Photo »Stephen Green, group chairman of HSBC Holdings PLC, speaks during a press conference to announce the bank's 2009 interim results in Hong Kong Monday, Aug. 3, 2009.
View Photo »Stephen Green, (L) Group Chairman of HSBC Holdings, watches the action on Centre Court as Switzerland's Roger Federer plays against Germany's Tommy Haas in a Men's Semi-Final match during the 2009 Wimbledon Tennis Championships at the All England Tennis Club, in southwest London, on Jul...
View Photo »HSBC Holdings Chief Executive Michael Geoghegan speaks during the annual shareholders meeting at the Barbican, in London May 22, 2009.
View Photo »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.
View Photo »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.
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
For HSBC Holdings , their Middle East loan book is around $25 billion, or around 3% of group
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An HSBC Holdings Plc index showed China’s manufacturing increased last month.
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HSBC Holdings Plc, which said it had more deposits than loans in Dubai, added 3.7 percent.
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