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HSBC Holding News

News on HSBC Holding (Ticker: HBC) continually updated from thousands of sources around the net.

5 hrs ago | MarketWatch

China's Bank of Communications sees profit inch up

Bank of Communications Co. posted tepid profit growth in the first half of the year as bad loans continued to mount because of China's sluggish economic growth.

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Related Topix: Financial Services, HSBC Holdings, Banking

9 hrs ago | Reuters

HSBC chairman warns Scottish independence could trigger capital flight -Telegraph

Uncertainty over Scotland's currency arrangements could prompt capital flight from the country, leaving its financial system in a "parlous state," Douglas Flint, chairman of HSBC Holdings Plc, wrote in a column on Thursday in the Telegraph newspaper in Britain.

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Related Topix: Europe, World News, United Kingdom, HSBC Holdings, Banking, Financial Services

Wed Aug 20, 2014

Business News

HSBC will probably spend less on compliance

HSBC Chairman Douglas Flint said the cost of policing potential wrongdoing will probably decrease after Europe's largest bank by market value spent billions of dollars to toughen its internal controls in the wake of a series of scandals.

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Related Topix: Banking, Austria, World News

Fri Aug 15, 2014

MoneyWeek

Company in the news: HSBC

Half-year results from HSBC were not very good. Profits at the banking giant were down by just over 16%, to A 1.9bn.

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Related Topix: Banking

Forbes.com

Bankers Warn That Regulatory Overreach Will Hit The Wider Economy

I was interested to see comments in the press this last week, and the reaction to them, by Douglas Flint, the chairman of HSBC - and the disclaimer for those that don't know me: I am a retired, full-time employee of that bank and, having spent a reasonable amount of time away from the organization, am currently a non-executive and independent ... (more)

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Related Topix: Banking

Thu Aug 14, 2014

The Globe and Mail

Saks barks legal threat at pet firm Snaks 5th Avenchew

Pet food snacks are shown in this handout photo from Snaks Fifth Avenchew in New York, Aug. 14, 2014.

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Related Topix: Retail, Saks, Saks Fifth Avenue, Banking, Hudsons Bay, Hoboken, NJ

CFR.org

International Finance: "Somalia is Different"

Customers walk out of a Dahabshiil money transfer office in "Kilometer Five" street of Soobe village, southern Mogadishu, May 8, 2013.

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Related Topix: Banking, International Finance, Financial Services, Somalia, World News, Africa, Santa Clara University, US News, HSBC Holdings

Wed Aug 13, 2014

Business News

We must buy into the bank culture debate for sustained return

In modern business, being reactive is something akin to failure. Where was your future-focused strategy, people will ask.

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Related Topix: Banking

Tue Aug 12, 2014

AmericanBankingNews.com

Coca Cola HBC Ag Receives "Equal weight" Rating from Barclays

A number of other firms have also recently commented on CCH. Analysts at HSBC cut their price target on shares of Coca Cola HBC AG from GBX 1,550 to GBX 1,450 in a research note on Monday.

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Related Topix: Banking

Oxford Times

Everything's Rosie for fashion starlet

At a quick glance she assumed the unfamiliar address was spam from HSBC bank, but the letters actually read HBC.

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Related Topix: Everything's Rosie, Video Games, Avanquest Software, Banking, Email Spam, Oxfordshire County, England, United Kingdom

Mon Aug 11, 2014

Business Insurance

China Reinsurance Corp. plans $2B IPO in Hong Kong: Report

State-owned China Reinsurance Corp., the country's biggest reinsurer, plans an initial public offering of up to $2 billion in Hong Kong, the Wall Street Journal reported, citing people with direct knowledge of the deal.

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Related Topix: Financial Services, HSBC Holdings, Banking

Fri Aug 08, 2014

Dear Kitty

Bankers want still more power

The global banking giant HSBC is a "criminal" operation, charges a former officer for the company's southern New York region in this interview with Russell Scott.

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Related Topix: Banking

AmericanBankingNews.com

HSBC Receives Average Rating of "Hold" from Analysts

HSBC has received a consensus recommendation of "Hold" from the nineteen brokerages that are covering the stock, Analyst Ratings Net reports .

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Related Topix: Banking

Thu Aug 07, 2014

The Independent

Banks need to stop blaming regulators and concentrate on repairing their reputation

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Related Topix: Banking

MediaPost

Share on LinkedIn

Lord & Taylor is among the national retailers getting on the beacon bandwagon. In a keynote at the OMMA mCommerce conference on Thursday, Ryan Craver, SVP, chief of staff, Hudson's Bay Co.

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Related Topix: Banking, Marketing

Bloomberg

Canada Luxury Shoppers Gain U.S. Chains' Favor

Nordstrom Inc. , the largest U.S. luxury department-store chain, plans to open six Canadian stores this year through 2017.

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Related Topix: Nordstrom, Retail, Apparel, Saks Fifth Avenue, Canada, Banking, Target, Saks

Reuters

StanChart exec: banks treated like 'criminals' for anti-money laundering lapses

Banks are being penalised too harshly for lapses in anti-money laundering efforts, Standard Chartered Plc's head of Asia operations said - the second senior bank executive this week to voice frustration over what many in the industry see as overzealous regulation.

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Related Topix: Banking

Wed Aug 06, 2014

The Independent

James Moore: Do Lloyds and HSBC banking chiefs get it yet?

Outlook Given Standard Chartered's troubles with watchdogs, its chief executive wasn't about to steam in alongside HSBC's chairman, Douglas Flint, over regulators being mean to banks.

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Related Topix: Banking

Tue Aug 05, 2014

Sunday Herald

Moody's cautious about bank crackdown

RATINGS agency Moody's has lowered its outlook on the entire UK banking system, flagging up the reams of new rules and looming fines affecting British institutions as reasons to be cautious despite the improving economy.

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Related Topix: Banking

The Standard

Regulators punish us all - not just bankers

HSBC, once the most loved blue-chip company in Hong Kong, announced its interim results on Monday, showing its performance was in line with analysts' predictions.

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Related Topix: Banking

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