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United Kingdom

HSBC Holdings PLC (HSBA.L)

HSBA.L on London Stock Exchange

622.00GBp
22 Feb 2019
Change (% chg)

-1.10 (-0.18%)
Prev Close
623.10
Open
630.20
Day's High
630.40
Day's Low
621.95
Volume
10,387,581
Avg. Vol
21,605,039
52-wk High
749.90
52-wk Low
596.40

Latest Key Developments (Source: Significant Developments)

HSBC Chief Executive John Flint Paid 4.6 Million Stg In 2018
Tuesday, 19 Feb 2019 

HSBC Holdings PLC ::HSBC CHIEF EXECUTIVE JOHN FLINT PAID 4.6 MILLION STG IN 2018.  Full Article

HSBC FY Adjusted Profit Before Tax $21.72 Bln Vs $21.13 Bln
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - HSBC Holdings Plc ::COMMON EQUITY TIER 1 RATIO AS AT DEC 31, 2018 14.0% VERSUS 14.3 % AS AT SEPT 30, 2018.DECLARES ANNUAL DIVIDEND OF $0.51 PER SHARE.FY ADJUSTED REVENUE $ 53,940 MILLION VERSUS $51,661 MLN.FY ADJUSTED PROFIT BEFORE TAX $ 21,719 MILLION VERSUS $ 21,133 MILLION A YEAR AGO.FY ADJUSTED OPERATING EXPENSES $33.0 BILLION, UP 6%.FY REPORTED REVENUE $ 53,780 MILLION VERSUS $51,445 MILLION.FY REPORTED PROFIT BEFORE TAX $ 19,890 MILLION VERSUS $ 17,167 MILLION A YEAR AGO.HAVE MADE A GOOD START TO 2019, GROUP REVENUE PERFORMANCE IN JANUARY WAS AHEAD OF PLAN.SAYS FY REPORTED PROFIT BEFORE TAX REFLECTS REVENUE GROWTH IN ALL ITS GLOBAL BUSINESSES.CONTINUE TO PREPARE FOR UK'S DEPARTURE FROM EU IN ORDER TO PROVIDE CONTINUITY FOR CUSTOMERS IN UK AND MAINLAND EUROPE.REMAIN ALERT TO DOWNSIDE RISKS OF CURRENT ECONOMIC ENVIRONMENT, ESPECIALLY THOSE RELATING TO UK ECONOMY AND GLOBAL TRADE TENSIONS.DIFFERENCES BETWEEN CHINA AND US WILL LIKELY CONTINUE TO INFORM SENTIMENT IN 2019.SAYS FY REPORTED REVENUE UP HELPED BY A RISE IN DEPOSIT REVENUE PRIMARILY IN ASIA PARTLY OFFSET BY LOWER REVENUE IN CORPORATE CENTRE.FUNDAMENTALS FOR GROWTH IN ASIA REMAIN STRONG IN SPITE OF A SOFTER REGIONAL ECONOMIC OUTLOOK.TANGIBLE EQUITY TARGET OF OVER 11% BY 2020.SAYS TOTAL DIVIDENDS IN RESPECT OF YEAR OF $10.2 BILLION; CONFIDENT OF MAINTAINING DIVIDEND "AT THIS LEVEL".CHINA REMAINS SUBJECT TO DOMESTIC AND EXTERNAL PRESSURES, BUT WE EXPECT IT TO MAINTAIN STRONG GROWTH.  Full Article

HSBC Says Recognised $626 Mln Provision For Tax-Related Investigations As At Dec. 31
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - HSBC Holdings PLC <0005.HK>::POSSIBLE THAT ADDITIONAL ACTIONS WILL BE INITIATED AGAINST HSBC IN RELATION TO ITS HISTORICAL FOREIGN EXCHANGE ACTIVITIES.IN OCT'18, HSBC HOLDINGS AND HSBC BANK RECEIVED INFORMATION REQUEST FROM EC REGARDING POTENTIAL COORDINATION IN FOREX OPTIONS TRADING.AS AT 31 DEC 2018, HSBC HAS RECOGNISED A PROVISION FOR MATTERS RELATED TO TAX-RELATED INVESTIGATIONS OF $626 MILLION.ESTIMATE OF POSSIBLE AGGREGATE PENALTIES THAT MIGHT ARISE AS A RESULT OF TAX-RELATED INVESTIGATION MATTERS IS ABOUT $800 MLN.HSBC SAYS CO NAMED AS A DEFENDANT IN CLASS ACTION FILED IN U.S. COURT ON OVER-THE-COUNTER BUY OF INSTRUMENTS PAYING INTEREST INDEXED TO ICE LIBOR.HSBC PRIVATE BANK (UK) RECEIVED A LETTER BEFORE CLAIM BY INVESTORS IN ECLIPSE FILM FINANCE SCHEMES IN FEB.  Full Article

HSBC Holdings Raises Stake To 9.197 Pct From 7.104 Pct In Ophir Energy
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Ophir Energy::HSBC HOLDINGS RAISES STAKE TO 9.197 PERCENT FROM 7.104 PERCENT IN OPHIR ENERGY PLC - FILING.  Full Article

India's SBI Selects Banks For $1.4 Bln Share Sale- Bloomberg
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - :INDIA'S SBI SELECTS BANKS FOR $1.4 BILLION SHARE SALE- BLOOMBERG, CITING SOURCES.THE GOVERNMENT-RUN LENDER PICKED BANK OF AMERICA CORP, CLSA LTD. AND HSBC HOLDINGS PLC TO ARRANGE THE OFFERING- BLOOMBERG.  Full Article

HSBC Holdings Says CET1 Capital Ratio Projected To Reach Low Point Of 8.2%
Wednesday, 28 Nov 2018 

Nov 29 (Reuters) - 0005.HK <0005.HK>::NOTES PUBLICATION OF RESULTS OF BANK OF ENGLAND'S 2018 CONCURRENT STRESS TEST.ON AN IFRS 9 NON-TRANSITIONAL BASIS, HSBC'S CET1 CAPITAL RATIO IS PROJECTED TO REACH A LOW POINT OF 8.2%.  Full Article

HSBC Says To 'Maintain A Conservative And Prudent Stance On Capital Management'
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Hsbc Holdings Plc ::HSBC COMMENTING ON BANK OF ENGLAND STRESS TEST RESULTS SAYS 'OUR INTENTION, AS EVIDENCED BY PAST ACTIONS, IS TO MAINTAIN A CONSERVATIVE AND PRUDENT STANCE ON CAPITAL MANAGEMENT'.  Full Article

S.Africa's Prudential Authority Imposes Sanctions On HSBC Bank Johannesburg Branch
Friday, 9 Nov 2018 

Nov 9 (Reuters) - South African Reserve Bank::PRUDENTIAL AUTHORITY IMPOSED ADMINISTRATIVE SANCTIONS ON HSBC BANK PLC JOHANNESBURG BRANCH.SANCTIONS ON HSBC BANK JOHANNESBURG BRANCH FOR NON-COMPLIANCE WITH ASPECTS OF FINANCIAL INTELLIGENCE CENTRE ACT 38 OF 2001.FINANCIAL PENALTY OF R15 MILLION LEVIED ON HSBC BANK PLC JOHANNESBURG BRANCH.  Full Article

HSBC Posts Qtrly Reported Profit Before Tax Of $5.92 Bln
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Hsbc Holdings Plc ::AS AT SEPT 30 2018 COMMON EQUITY TIER 1 RATIO 14.3 PERCENT VERSUS 14.2 PERCENT AS AT JUNE 30 2018.Q3 ADJUSTED PROFIT BEFORE TAX $ 6,193 MILLION VERSUS $5,332 MILLION A YEAR AGO.9-MONTH NET INTEREST MARGIN 1.67 PERCENT VERSUS 1.63 PERCENT A YEAR AGO.Q3 REPORTED PROFIT BEFORE TAX $ 5,922 MILLION VERSUS $4,620 MILLION A YEAR AGO.Q3 ADJUSTED REVENUE $ 13,841 MILLION VERSUS $ 12,718 MILLION A YEAR AGO.Q3 REPORTED REVENUE $13,798 MILLION VERSUS $12,978 MILLION A YEAR AGO.Q3 NET INTEREST INCOME $ 7,680 MILLION VERSUS $7,127 MILLION.  Full Article

HSBC Bank To Launch Digital Lending Platform
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - HSBC Bank USA NA::HSBC BANK TO LAUNCH DIGITAL LENDING PLATFORM.NEW DIGITAL LENDING PLATFORM WILL PROVIDE U.S. CONSUMERS SIMPLE WAY TO APPLY FOR PERSONAL LOANS ONLINE.  Full Article

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