HSBC Holdings plc

Australia's Queensland state and HSBC <HSBA.L> said on Thursday they will make a "world-first investment" to protect the world-heritage listed Great Barrier Reef which is suffering from extensive coral bleaching events.

Another former HSBC executive is heading to the Facebook-backed <FB.O> Libra cryptocurrency project, joining as chief financial officer of a unit tasked with managing the planned digital currency's payments system.

HSBC <HSBA.L> will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion (772 billion pounds) in financing to help clients make the transition, Chief Executive Noel Quinn told Reuters.

* Latest push to help meet goals of Paris Agreement on climate

HSBC <HSBA.L> shareholders face a future of paltry payouts when regulators restore its powers to pay dividends as the bank's bosses press on with a costly revamp against a backdrop of a global recession and the threat of negative interest rates.

Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou returned to a Canadian court on Monday to fight extradition to the United States, with her lawyers arguing she only needed to show supporting evidence to add an allegation of U.S. abuse of process to the case.

London's FTSE 100 rose on Monday as data showing solid industrial profits in China boosted commodity-linked stocks and Asia-focussed lender HSBC surged after its top shareholder raised its stake.

Huawei Technologies Chief Financial Officer Meng Wanzhou will be back in a Canadian courtroom on Monday as her lawyers resume their fight to block the United States' efforts to extradite her.

Ping An Insurance Group Co of China Ltd <601318.SS> <2318.HK>, the biggest shareholder in HSBC Holdings Plc <HSBA.L> <0005.HK>, has bought additional shares in the British bank to take its stake to 8%.

HSBC <HSBA.L> has paused its plan to return more staff to office working in Britain, in common with other financial firms after Prime Minister Boris Johnson on Tuesday urged workers to stay home to combat the coronavirus.

Shares of the biggest global banks dropped on Monday after news reports said they allowed large sums of allegedly illicit funds to move through the financial system, despite red flags about the origins of the money.

Britain has taken robust action to crack down on dirty money in recent years, its government said on Monday in response to reports that HSBC, Barclays and other banks moved large sums of allegedly illicit funds despite red flags about the origins of the money.

European stocks headed lower for a third straight session on Monday, hit by worries about a surge in coronavirus cases in the continent and a slide in HSBC and Standard Chartered following reports alleging the UK lenders of moving illicit funds.

A slide in HSBC and Standard Chartered shares hit the FTSE 100 on Monday as reports said they and other banks moved allegedly illicit funds over nearly two decades, while a surge in COVID-19 cases raised the spectre of another round of lockdowns.

HSBC and Standard Chartered's Hong Kong shares fell on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags about the origins of the money.

The Facebook-backed <FB.O> Libra project has appointed former HSBC European head James Emmett to lead Libra's operational unit tasked with developing and operating the project's cryptocurrency payments system, the Libra Association said on Thursday.

HSBC has promoted Christophe Oleron to the role of Global Head of Trading for index arbitrage, Delta One and stock borrowing & lending, two sources said on Thursday.

HSBC Holdings PLC warned its bad debt charges could blow past a previous estimate to $13 billion this year and said its profits more than halved, as the coronavirus pandemic hammered the bank's retail and corporate customers worldwide.

* China Enterprises index HSCE falls 0.07% HSBC Holding shares plunge after H1 profit slump