HSBC Holding News

Intermediate Capital Group PLC said Friday it has bought convenience foods manufacturer Symington's Limited from Bridgepoint Development Capital with plans to build on the company's portfolio of branded products.

European banks are waging increasingly aggressive wars for deposits, with struggling lenders desperate to retain the funds and stronger banks pouncing on an opportunity to lure new customers.

LONDON HSBC Holdings PLC Thursday revised down its end-2012 forecast for the euro against the dollar, saying the situation in the euro zone has deteriorated more than it had expected.The bank now expects the euro to end the year at $1.35 against the dollar compared with a previous forecast of $1.44.However, it said that it still sees the common ... (more)

's stock had its "buy" rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Wednesday.

A number of other firms have also recently commented on VIP. Analysts at Barclays Capital reiterated an "underweight" rating on shares of Vimpelcom Ltd in a research note to investors on Monday, May 14th.

A number of other firms have also recently commented on AIXG. Analysts at Canaccord Genuity downgraded shares of Aixtron AG from a "hold" rating to a "sell" rating in a research note to investors on Monday, March 26th.

's stock had its "neutral" rating reiterated by Zacks in a research note issued to investors on Tuesday.

Shares of ArcelorMittal ADR opened at 14.30 on Tuesday. ArcelorMittal ADR has a 52 week low of $13.96 and a 52 week high of $35.31. The company has a market cap of $22.151 billion and a P/E ratio of 26.78. ArcelorMittal ADR last announced its earnings results on Thursday, May 10th.

Shares of ArcelorMittal ADR opened at 14.30 on Tuesday. ArcelorMittal ADR has a 52 week low of $13.96 and a 52 week high of $35.31. The company has a market cap of $22.151 billion and a P/E ratio of 26.78. ArcelorMittal ADR last announced its earnings results on Thursday, May 10th.

's stock had its "buy" rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Friday.

HSBC has come under fire over plans to raise $1billion from 'cross-selling' investments to corporate and retail customers just days after a warning from the Bank of England about the dangers of free banking.

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's stock had its "buy" rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Friday.

The head of HSBC's UK banking business said the fairest way was to charge for transactions - but this was also the most unpopular The head of HSBC 's UK banking business has called for a debate about how to pay for current accounts following the call by top banking regulator Andrew Bailey to end "free" banking.

HSBC Holdings PLC sidestepped the kind of shareholder backlash on pay endured by competitors, with just 10.2 per cent of shareholders rejecting the pay plan of Europe's biggest bank on Friday.

The euro zone will likely hold together, but continuing volatility could result in a deposit-guarantee scheme being created for the members of the monetary union, HSBC Holdings PLC Chief Executive Stuart Gulliver said Friday.

The Federal Reserve Thursday released a set of detailed plans banks have put together to correct problems in their mortgage-servicing and foreclosure-processing operations.

China's economy may continue to slow in May as its manufacturing sector is expected to deteriorate at a faster rate, given a significant contraction in new orders and exports, HSBC Holdings PLC said on Thursday.

China Telecom traded down 0.49% on Thursday, hitting $46.66. China Telecom has a 52-week low of $46.19 and a 52-week high of $67.97. The company has a market cap of $37.763 billion and a price-to-earnings ratio of 14.65. CHA has been the subject of a number of other recent research reports.

's stock had its "buy" rating reaffirmed by research analysts at Nomura in a report released on Thursday.