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United Kingdom

HSBC Holdings PLC (0005.HK)

0005.HK on Hong Kong Stock

56.50HKD
16 Aug 2019
Change (% chg)

HK$-0.30 (-0.53%)
Prev Close
HK$56.80
Open
HK$56.35
Day's High
HK$56.55
Day's Low
HK$56.05
Volume
47,862,280
Avg. Vol
17,833,229
52-wk High
HK$70.80
52-wk Low
HK$55.80

Latest Key Developments (Source: Significant Developments)

HSBC Enters Deal With Morgan Stanley & Co. International To Enable Purchase Of Ordinary Shares
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Hsbc Holdings Plc ::ENTERED AGREEMENT WITH MORGAN STANLEY & CO. INTERNATIONAL PLC TO ENABLE PURCHASE OF ORDINARY SHARES BY MORGAN STANLEY ACTING AS PRINCIPAL.PURCHASES OF ORDINARY SHARES WILL BE CARRIED OUT ON LONDON STOCK EXCHANGE.MAXIMUM NUMBER OF ORDINARY SHARES THAT MAY BE REPURCHASED UNDER BUY-BACK IS 2 BILLION.  Full Article

HSBC Search For New CEO Could Take 6 To 12 Months- Chairman
Monday, 5 Aug 2019 

Aug 5 (Reuters) - 0005.HK <0005.HK>::HSBC SEARCH FOR NEW CHIEF EXECUTIVE HAS 'NO FIXED TIMELINE' BUT COULD TAKE 6 TO 12 MONTHS- CHAIRMAN.CHANGE IN HSBC CEO NEEDED TO ACCELERATE PROGRESS IN HIGH LEVEL STRATEGIC PRIORITIES SUCH AS U.S. TURNAROUND- CHAIRMAN.  Full Article

GSK Names Jonathan Symonds As Non-Executive Chairman Of Board Of Directors
Wednesday, 24 Jul 2019 

July 24 (Reuters) - GlaxoSmithKline PLC ::GLAXOSMITHKLINE PLC HSBC HOLDINGS PLC - NON-EXECUTIVE CHAIRMAN.GLAXOSMITHKLINE PLC - GLAXOSMITHKLINE PLC APPOINTS JONATHAN SYMONDS AS NON-EXECUTIVE CHAIRMAN OF BOARD OF DIRECTORS.GLAXOSMITHKLINE - JONATHAN SYMONDS WILL SUCCEED SIR PHILIP HAMPTON AS NON-EXECUTIVE CHAIRMAN OF GSK BOARD.  Full Article

HSBC Says Jonathan Symonds To Reitre As Independent Non-Executive Director
Wednesday, 24 Jul 2019 

July 24 (Reuters) - 0005.HK <0005.HK>::DIRECTOR DECLARATION AND RETIREMENT OF DIRECTOR.JONATHAN SYMONDS, INDEPENDENT NON-EXECUTIVE DIRECTOR OF HSBC HOLDINGS PLC ( "COMPANY"), HAS BEEN APPOINTED AS NON-EXECUTIVE CHAIRMAN OF GSK.  Full Article

Australian Prudential Regulation Authority Enforces Stable Funding Requirements On Banks
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Australian Prudential Regulation Authority ::AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY - ENFORCES STABLE FUNDING REQUIREMENTS ON BANKS.APRA- NOTIFIED MACQUARIE BANK, RABOBANK AUSTRALIA AND HSBC BANK AUSTRALIA THEIR REPORTING OF INTRA-GROUP FUNDING AS STABLE BREACHED PRUDENTIAL LIQUIDITY STANDARD.APRA- REQUIRING THESE BANKS TO STRENGTHEN INTRA-GROUP AGREEMENTS TO ENSURE TERM FUNDING CANNOT BE WITHDRAWN IN A FINANCIAL STRESS SCENARIO.APRA - ALSO REQUIRING THESE BANKS TO RESTATE PAST FUNDING, LIQUIDITY RATIOS WHERE THESE HAD BEEN REPORTED INCORRECTLY.  Full Article

GSK Poised To Name Jonathan Symonds As Its Next Chairman- Bloomberg
Sunday, 14 Jul 2019 

July 14 (Reuters) - :GLAXOSMITHKLINE PLC IS POISED TO NAME JONATHAN SYMONDS AS ITS NEXT CHAIRMAN- BLOOMBERG, CITING A SOURCE.  Full Article

UK's FCA Says HSBC To Extend Redress Scheme For Customers Impacted By Debt Collection Practices
Thursday, 11 Jul 2019 

July 11 (Reuters) - UK'S FCA::HSBC AGREES TO EXTEND REDRESS SCHEME FOR CUSTOMERS IMPACTED BY HISTORICAL DEBT COLLECTION PRACTICES.HSBC TOLD FCA HFC & JLFS STOPPED ADDING A DEBT COLLECTION CHARGE IN NOVEMBER 2009 AND IN 2010 REVERSED THE CHARGE FROM ALL LIVE ACCOUNTS.HSBC CUSTOMERS WILL BE COMPENSATED WHERE RECORDS INDICATE THEY PAID "UNREASONABLE" DEBT COLLECTION CHARGES.HSBC TO EXTEND REDRESS SCHEME FOR CUSTOMERS WHO PAID "UNREASONABLE" DEBT COLLECTION CHARGE BY HFC BANK LTD, JOHN LEWIS FINANCIAL SERVICES.HSBC CONFIRMED THAT IN MAY 2019 ABOUT 18,500 CUSTOMERS WHO HAD NOT PREVIOUSLY BEEN CONTACTED WERE WRITTEN TO AS PART OF PROCESS.  Full Article

HSBC Says Kavita Mahtani Named CFO Of HSBC North America Holdings
Wednesday, 26 Jun 2019 

June 26 (Reuters) - 0005.HK <0005.HK>::KAVITA MAHTANI NAMED CHIEF FINANCIAL OFFICER OF HSBC NORTH AMERICA HOLDINGS.KAVITA MAHTANI NAMED CHIEF FINANCIAL OFFICER OF HSBC NORTH AMERICA HOLDINGS WITH APPOINTMENT EFFECTIVE OCT. 1, 2019.  Full Article

Landmark Group And HSBC Execute Dual-Platform Blockchain Transaction
Wednesday, 19 Jun 2019 

June 19 (Reuters) - LANDMARK GROUP::LANDMARK GROUP AND HSBC HAVE COMPLETED A FIRST-OF-ITS-KIND TRANSACTION THAT CONNECTED TWO INDEPENDENTLY-BUILT BLOCKCHAIN PLATFORMS.TRANSACTION INVOLVED SHIPMENT FROM BEE DEE INDUSTRIES IN HONG KONG TO BABYSHOP.A LETTER OF CREDIT WAS ISSUED BY HSBC USING VOLTRON PLATFORM AND LANDMARK GROUP’S INITIATED RECHAINME PLATFORM ENABLED SEAMLESS CONNECTIVITY WITH ITS LOGISTICS PARTNERS AT BOTH ENDS OF A KEY TRADING CORRIDOR.NETWORK-TO-NETWORK INTEROPERABILITY DEMONSTRATES EVOLUTION OF BLOCKCHAIN IN TRADE FINANCE.  Full Article

HSBC Says Ian Stuart Sold 25,000 Ordinary Shares Of US$0.50 In London At £6.5102
Wednesday, 19 Jun 2019 

June 19 (Reuters) - HSBC Holdings Plc ::ON JUNE 17, IAN STUART SOLD 25,000 ORDINARY SHARES OF US$0.50 IN LONDON AT £6.5102.  Full Article

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Breakingviews - Cathay shakeup clarifies China’s corporate muscle

HONG KONG (Reuters Breakingviews) - It looks as if China is now flying Cathay Pacific Airways. Chief Executive Rupert Hogg and one of his top deputies abruptly resigned on Friday after the company spent a week scrambling to quell a mainland backlash related to Hong Kong protests. The shakeup occurs at an especially bad time for the carrier.