(Alliance News) - HSBC Holdings PLC on Monday said it will set aside USD1.1 billion after an adverse court ruling related to the Bernard Madoff investment fraud. Read More
(Alliance News) - HSBC sets aside USD1.1 billion for a Luxembourg court ruling related to the Bernard Madoff fraud case, while the UK competition regulator asks for remedies to approve the Greencore-Bakkavor merger. Read More
(Alliance News) - London Stock Exchange Group PLC raised margin guidance after a strong third-quarter driven by growth across the business, led by Risk Intelligence and FTSE Russell indices. Read More
(Alliance News) - Lloyds Banking Group reports a 36% fall in quarterly pretax profit after taking an GBP800 million charge for motor finance commission issues, while London Stock Exchange Group raises its margin guidance following strong third-quarter growth and a new post-trade partnership with major global banks. Read More
(Alliance News) - Stock prices in London were slightly higher at midday on Tuesday, with gains for HSBC and Segro helping to offset broader caution after data showed UK government borrowing rose to a five-year high, intensifying fiscal concerns ahead of next month's budget. Read More
(Alliance News) - HSBC Holdings PLC has hired former NatWest Group PLC executive David Lindberg as the new chief executive officer of its UK business. Read More
(Alliance News) - Stock prices in London opened mostly higher on Monday, with banking shares rebounding after last week's sell-off and improved sentiment driven by renewed optimism over US-China trade talks. Read More
(Alliance News) - The FTSE 100 closed down sharply on Friday, although well above early lows, as investors weighed Thursday's hefty falls on Wall Street sparked by fears surrounding US regional banks. Read More
(Alliance News) - European stocks sank on Friday, with risk appetite fading toward the week's end and the FTSE 100 dragged lower by widespread declines. Read More
(Alliance News) - Federal Reserve rate cut expectations lifted stock market sentiment on Wednesday, but the FTSE 100 missed out on the rally, as some of its heavyweights traded lower. Read More
(Alliance News) - Falls in heavyweight lenders HSBC Holdings and Lloyds Banking Group, plus ex-dividend stocks, saw the FTSE 100 fall from recent record highs on Thursday. Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday, while the DAX in Germany stayed in the green after reaching a record high near the open. Read More
(Alliance News) - HSBC Holdings PLC on Thursday said it will pause share buybacks after making an offer to buy out minority investors in Hong Kong lender Hang Seng Bank Ltd. Read More
(Alliance News) - The FTSE 100 opened lower on Thursday, after most of the price increases requested by several English water companies were rejected by UK Competition & Markets Authority-appointed experts. Read More