HSBC Holdings plc

A U.S. appeals court on Thursday upheld the conviction of a former HSBC Holdings Plc executive who was sentenced to two years in prison for defrauding Cairn Energy Plc in a $3.5 billion currency trade.

Management of HSBC <HSBA.L> in France on Thursday denied a media report that it plans to sell underperforming retail banking operations in the country, a union source told Reuters, as it tried to reassure 8,000 local staff.

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

HSBC <HSBA.L> is planning to exit its French retail banking business under interim chief executive Noel Quinn, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Saudi Aramco is likely to give roles to Citi, Goldman Sachs, HSBC and Samba Financial Bank for its planned initial public offering (IPO), a source familiar with the transaction said on Sunday.

HSBC completed the first yuan-denominated blockchain-based letter of credit transaction, the bank said on Tuesday.

HSBC <HSBA.L> <0005.HK> said on Wednesday it will offer rebates and fee reductions for small and medium-sized companies in Hong Kong, as the city's economy struggles.

* U.S.-China trade war, domestic jobs slowdown key reasons (Adds rate cut expectation from HSBC, Citi)

HSBC Holdings' <HSBA.L> Greater China Chief Executive Helen Wong is leaving, a bank spokeswoman said on Friday, the second senior departure this week after the ousting of group CEO John Flint.

HSBC Holdings' Greater China Chief Executive Helen Wong is leaving the Asia-focused lender, a spokeswoman said on Friday, the second senior executive exit this week after group CEO John Flint left the bank.

HSBC <HSBA.L> has named Barry O'Byrne as interim head of its global commercial banking division, succeeding Noel Quinn who became the bank's interim chief executive on Monday.

HSBC Global Asset Management has appointed Nicolas Moreau as its new chief executive, the firm said in a statement on Tuesday, adding that he will join the $500 billion (£411.8 billion) business in September.

HSBC Holdings Plc will appoint Nicolas Moreau as the chief executive of the lender's $500 billion asset management business, Sky News reported on Tuesday.

HSBC's <HSBA.L> Swiss private banking arm has agreed to pay nearly 300 million euros ($336 million) to settle a tax fraud case in Belgium, Belgian prosecutors said on Tuesday, the latest blow for the Alpine state's banking sector from the EU.

The Swiss private banking arm of HSBC Holdings Plc (HSBA.L) has agreed to pay nearly 300 million euros ($336.09 million) to settle a money-laundering and tax fraud case in Belgium, Belgian prosecutors said on Tuesday.

HSBC <HSBA.L> ousted John Flint as chief executive after just 18 months in a shock move the chairman of Europe's biggest bank said was needed to speed up progress on priority areas such as the turnaround of its U.S. business.

HSBC's <HSBA.L> shock ousting of John Flint as chief executive was seen by some investors and bank insiders on Monday as a risky gambit by Chairman Mark Tucker given the political and economic uncertainties in the bank's core markets.

HSBC's <HSBA.L> shock ousting of John Flint as chief executive was seen by some investors and bank insiders on Monday as a risky gambit by Chairman Mark Tucker given the political and economic uncertainties in the bank's core markets.

* HSBC TO SLASH THOUSANDS OF JOBS AFTER OUSTING CEO; UP TO 2% OF THE BANK'S EMPLOYEES COULD LOSE THEIR JOBS - WSJ Source text: https://on.wsj.com/2GOMg7t Further company coverage: