HSBC Holdings plc

European shares opened lower on Wednesday, with banks and energy firms leading the declines as surging coronavirus infections globally dimmed the prospect of a swift economic recovery.

HSBC Holdings Plc <HSBA.L> has decided to close its industrial metals business, it told Reuters on Friday, as Europe's largest bank pushes ahead with plans to cut around 35,000 jobs.

HSBC Holdings Plc <HSBA.L> said on Friday it would make new investments in its wealth management and insurance operations in mainland China.

HSBC Holdings PLC <HSBA.L> <0005.HK> said on Wednesday it has appointed two former Deutsche Bank <DBKGn.DE> executives, Edward Lee and Joy Wang, to its Singapore-based Southeast Asia equities division.

British Foreign Secretary Dominic Raab reprimanded HSBC <HSBA.L> and other banks on Wednesday for supporting China's new security law, saying the rights of Hong Kong should not be sacrificed for bankers' bonuses.

British Foreign Secretary Dominic Raab reprimanded HSBC <HSBA.L> and other banks on Wednesday for supporting China's new security law, saying the rights of Hong Kong should not be sacrificed for bankers' bonuses.

HSBC <HSBA.L> investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in Europe's biggest bank in recent weeks to voice concerns about the lender's stance.

HSBC investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in Europe's biggest bank in recent weeks to voice concerns about the lender's stance.

* GAMA AVIATION PLC - GROUP RETAINS A $50M CREDIT FACILITY WITH HSBC OF WHICH C.$29M REMAINS CURRENTLY UNDRAWN TOGETHER WITH CASH OF C.$19M

HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's biggest bank grapples with the impact on its already falling profits.

Employee union Unite said it will oppose any compulsory job losses within HSBC <HSBA.L> and "work vigorously to ensure staff are heard and their jobs protected", after the bank dusted off plans to axe as many as 35,000 roles worldwide.

Employee union Unite said it will oppose any compulsory job losses within HSBC <HSBA.L> and "work vigorously to ensure staff are heard and their jobs protected", after the bank dusted off plans to axe as many as 35,000 roles worldwide.

HSBC is resuming a massive redundancy plan it had put on ice following the outbreak of coronavirus, and will cut 35,000 jobs over the medium term, a memo seen by Reuters on Wednesday showed.

Britain's Foreign Secretary Dominic Raab voiced a thinly veiled criticism of HSBC <HSBA.L> on Monday after the bank backed China's national security law for Hong Kong, contradicting the British government's opposition to it.

U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC <HSBA.L> for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.

Aviva Investors, a leading shareholder in both HSBC <HSBA.L> and Standard Chartered <STAN.L>, said on Tuesday it was "uneasy" about the companies' decision to back a new security law in Hong Kong.

U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.

London's bluechip index slid on Tuesday, weighed down by forecast cuts from British American Tobacco, while HSBC dropped after a leading shareholder said it was uneasy over the company's decision to back a new security law in Hong Kong.

HSBC Holdings PLC <HSBA.L> Chief Risk Officer for Asia-Pacific Ed Jenkins will step down from his role at the Asia-focussed lender with effect from July 1 due to family reasons, according to an internal memo seen by Reuters on Monday.