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HSBC Holdings PLC (HSBA.L)

HSBA.L on London Stock Exchange

708.10GBp
21 Jun 2018
Change (% chg)

-18.80 (-2.59%)
Prev Close
726.90
Open
726.90
Day's High
726.90
Day's Low
706.90
Volume
39,192,934
Avg. Vol
25,509,838
52-wk High
798.60
52-wk Low
650.56

Latest Key Developments (Source: Significant Developments)

HSBC to invest $15-17 bln as strategy turns to growth
Monday, 11 Jun 2018 

June 11 (Reuters) - Hsbc Holdings Plc ::AFTER A PERIOD OF RESTRUCTURING, IT IS NOW TIME FOR HSBC TO GET BACK INTO GROWTH MODE.HSBC INTENDS TO SUSTAIN DIVIDENDS AT CURRENT LEVELS.WE WILL ACCELERATE GROWTH IN AREAS OF STRENGTH, IN PARTICULAR IN ASIA AND FROM OUR INTERNATIONAL NETWORK.INVESTING US$15-17BN PRIMARILY IN GROWTH AND TECHNOLOGY,.HSBC INTENDS TO UNDERTAKE, AS APPROPRIATE, SHARE BUYBACKS TO NEUTRALISE ANY SHARE ISSUANCE AS A RESULT OF SCRIP DIVIDENDS.TARGETED FINANCIAL OUTCOMES .INCLUDE A ROTE GREATER THAN 11% BY 2020.AIMS TO SUSTAIN DIVIDENDS AT CURRENT LEVELS AND UNDERTAKE, AS APPROPRIATE, SHARE BUYBACKS TO NEUTRALISE ANY SHARE ISSUANCE AS A RESULT OF SCRIP DIVIDENDS.TO ACHIEVE THESE FINANCIAL TARGETS IN PERIOD FROM 2018 TO 2020, WE AIM TO DELIVER MID-SINGLE DIGIT GROWTH IN REVENUE.HSBC - TO ACHIEVE FINANCIAL TARGETS IN PERIOD FROM 2018 TO 2020, AIM TO DELIVER LOW TO MID-SINGLE DIGIT GROWTH IN OPERATING EXPENSES.  Full Article

HSBC Holdings Updates On Announced Share Buy-Back
Wednesday, 9 May 2018 

May 9 (Reuters) - HSBC Holdings <0005.HK>::UPDATES ON ANNOUNCED SHARE BUY-BACK.ENTERED INTO AGREEMENT WITH CREDIT SUISSE SECURITIES (EUROPE) LIMITED TO ENABLE PURCHASE OF ORDINARY SHARES BY CREDIT SUISSE.ANY PURCHASES OF ORDINARY SHARES WILL BE CARRIED OUT ON .LONDON STOCK EXCHANGE.  Full Article

HSBC Bank Oman Q1 Profit Rises
Saturday, 14 Apr 2018 

April 15 (Reuters) - HSBC BANK OMAN ::Q1 PROFIT 8.1 MILLION RIALS VERSUS 5.7 MILLION RIALS YEAR AGO.Q1 OPERATING INCOME 20.8 MILLION RIALS VERSUS 17.8 MILLION RIALS YEAR AGO.AS OF END-MARCH 2018 NET LOANS AND ADVANCES STAND AT 1.43 BILLION RIALS, UP 13.1 PERCENT YEAR-OVER-YEAR.AS OF END-MARCH 2018 CUSTOMER DEPOSITS STAND AT 1.97 BILLION RIALS, UP 1.6 PERCENT YEAR-OVER-YEAR.  Full Article

HSBC Holdings To Issue Perpetual Subordinated Contingent Convertible Securities​ On March 23
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Hsbc Holdings Plc ::‍ON 23 MAR CO INTENDS TO ISSUE US$2.25 BILLION 6.250% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES​.ON MARCH 23, CO ALSO INTENDS ‍TO ISSUE US$1.75 BILLION 6.500% PERPETUAL SUBORDINATED CONTINGENT CONVERTIBLE SECURITIES​.  Full Article

HSBC Has Appointed Anthony Parsons As Vice-Chairman, Global Banking From Greenhill
Monday, 18 Dec 2017 

Hsbc ::HAS APPOINTED ANTHONY PARSONS AS VICE-CHAIRMAN, GLOBAL BANKING FROM GREENHILL <<>>.  Full Article

Aviva CEO says has finished disposals programme for now
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Aviva ::CEO MARK WILSON SAYS ~HAS COMPLETED DISPOSALS PROGRAMME.CEO MARK WILSON ~DIGITAL IS KEY ENABLER OF OUR GROWTH THIS YEAR.CEO MARK WILSON ~ CANADA IS OUR MOST VOLATILE BUSINESS.CEO MARK WILSON ~ FINISHED "PRUNING" OF BUSINESSES FOR NOW, BUT WILL CONTINUALLY REASSESS.CEO MARK WILSON ~ BREXIT HAS HELPED US, PEOPLE HAVE GRAVITATED TO BIG BRANDS.CEO MARK WILSON ~ HAVING DISCUSSIONS WITH OTHER POTENTIAL PARTNERS FOLLOWING AGREEMENTS WITH TENCENT, HSBC.CEO MARK WILSON ~ COMPANY HAS APPETITE FOR M&A, NOT ALL EXCESS CASH AFTER DEBT REPAYMENT TO BE RETURNED TO SHAREHOLDERS.  Full Article

HSBC Comments On Bank Of England Stress Test
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - 0005.Hk <0005.HK>::STATEMENT ON THE BOE 2017 STRESS TEST RESULTS.HSBC HOLDINGS PLC - ‍STATEMENT ON BOE 2017 STRESS TEST RESULTS​.HSBC HOLDINGS PLC - ‍RESULTS DEMONSTRATE GROUP'S CONTINUED CAPITAL STRENGTH​.HSBC - CET1 RATIO WOULD FALL TO LOW POINT OF 8.9%, ABOVE HSBC'S CET1 HURDLE RATE, SYSTEMIC REFERENCE POINT RATIOS OF 6.5% AND 8.0%, RESPECTIVELY​.  Full Article

HSBC pledges $100 bln in sustainable financing and investment by 2025​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - HSBC HOLDINGS PLC :HSBC HOLDINGS PLC - ‍HSBC PLEDGES TO PROVIDE $100 BILLION IN SUSTAINABLE FINANCING AND INVESTMENT BY 2025​.  Full Article

HSBC Holdings says 9-mths reported profit before tax $14.9 bln
Monday, 30 Oct 2017 

Oct 30 (Reuters) - HSBC Holdings Plc :‍Reported profit before tax for 9m17 of $14.9 bln was $4.3bn or 41% higher than for 9m16​.quarter end ‍common equity tier 1 ratio of 14.6%​.‍completed 71% of buy-back announced in July 2017, at 26 October​.9-Months ‍adjusted profit before tax of $17.4 bln was $1.2 bln or 8% higher than in 9m16​.‍reported revenue for 9m17 of $39.1 bln was $0.2 bln higher​.Qtrly reported pbt $4,620 million versus $843 mln‍​.‍expect to finish most recent $2bn equity buy-back by end of 2017​.Qtrly adjusted pbt $5,443 million versus $5,521 mln‍​.  Full Article

HSBC appoints Jayant Rikhye as CEO India‍​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - HSBC::HSBC appoints Jayant Rikhye as CEO India‍​.Rikhye succeeds Stuart Milne‍​.  Full Article

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HSBC to invest $15-17 billion by 2020 in push for growth

LONDON HSBC will invest $15-17 billion in the next three years in areas including technology and China as it swings from a strategy of cost-cutting to growth, new CEO John Flint said on Monday, while keeping profitability and dividend targets little changed.