12 hrs ago
The Washington Post
Platinum to Palladium Fixings Join Precious Metals Revamp
The company that runs platinum and palladium fixings in London is seeking a new administrator for the price-setting process after similar changes were proposed for rituals in gold and silver.
Wed Jul 30, 2014
Banks take stake in Spanish media group Prisa
Spanish banks Santander and Caixabank and HSBC Holdings Plc have declared a 20.3 percent stake in Spanish media group and highly indebted owner of El Pais newspaper Prisa through debt-for-share swaps.
FTSE 100 movers: Barclays leads after results
Barclays was in the top spot after reporting a less-than-expected 12% fall in total income adjusted for insurance claims for the first half to A 13.32bn, driven by reductions at its investment and African banking units.
HSBC Holdings plc Price Target Cut to GBX 593
The firm currently has a "hold" rating on the stock. Deutsche Bank's target price points to a potential downside of 6.98% from the company's current price.
Tue Jul 29, 2014
HSBC, ABN Sue Metals Trader Detained Over Qingdao Probe
HSBC Holdings Plc and ABN Amro Bank NV sued Chen Jihong, the Singapore national detained in China and said to be at the center of a probe over whether metals were pledged multiple times as collateral for loans.
Mon Jul 28, 2014
HSBC Holdings plc Receives Neutral Rating from JPMorgan Chase & Co.
's stock had its "neutral" rating restated by investment analysts at JPMorgan Chase & Co.
Resource Investing News
Deutsche Bank, HSBC, Bank of Nova Scotia Accused of Silver Price Manipulation
Bloomberg Businessweek reported over the weekend that Deutsche Bank AG , HSBC Holdings plc and the Bank of Nova Scotia have been accused in a lawsuit of rigging the silver price.
Sun Jul 27, 2014
The Washington Post
Bocom Jumps 9.9% in Shanghai on Private-Investment Plan Report
Bank of Communications Co. jumped as much as 9.9 percent in Shanghai after Reuters reported that the lender wants to sell more stakes to private investors as part of China's economic restructuring.
Fri Jul 25, 2014
Deutsche Bank, HSBC Accused of Silver Fix Manipulation
Deutsche Bank AG , HSBC Holdings Plc and Bank of Nova Scotia were accused in a lawsuit of rigging the price of billions of dollars in silver, an allegation similar to earlier suits involving the London gold fix.
Manufacturing hits an 18-month high
New HSBC data on China's manufacturing activity July beat analysts' expectations, with PMI hitting an 18-month high after months of sluggish growth, signaling recovery in the second-half of 2014.
Thu Jul 24, 2014
Breakingviews: StanChart's rattled board
A knee-jerk statement to quell noise about the future of the chairman and CEO makes the StanChart board look rattled says Breakingviews.
The Daily Star
Saudi bourse opening to FDI to profit Western banks
DUBAI: HSBC Holdings PLC and JPMorgan Chase & Co. are among the banks set to profit after the Riyadh-based Capital Market Authority announced plans this week to open Saudi Arabia's bourse to foreign investors.
FTSE 100 movers: Reed Elsevier leads risers
Reed Elsevier was the top riser after it reported a 4% increase in half year revenue at constant currency and a 5% increase in the dividend.
London midday: Stocks erases losses as banks and housebuilders gain
Housebuilders in particular were performing well as data showing a surprise dip in UK retail sales sparked hopes that policymakers will hold back from hiking interest rates.
The Washington Post
Copper Advances on China Factory Output and Falling Stockpiles
Copper rose in London, closing in on the longest run of monthly gains since September, as Chinese manufacturing expanded more than projected and stockpiles returned to the lowest level in almost six years.
Wed Jul 23, 2014
China factory data look strong
A preliminary gauge of Chinese manufacturing activity reached an 18-month high in July, in a sign that Beijing's efforts to stimulate the economy are having an impact.
Banks face challenge averting U.S. regulator's mortgage lawsuits -judge
A federal judge on Wednesday said banks faced an uphill battle in convincing her to dismiss a U.S. regulator's claims that they misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour.
Mon Jul 21, 2014
Deutsche Bank Reiterates Hold Rating for HSBC Holdings plc
's stock had its "hold" rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Monday.
Fitch Affirms 5 Omani Banks' IDRs; Upgrades 3 Banks' Viability Ratings
LONDON, July 21 Fitch Ratings has affirmed Bank Muscat's Long-term Issuer Default Rating at 'A-' and the IDRs of National Bank of Oman , Bank Dhofar and Ahli Bank SAOG at 'BBB+', based on support from the Omani sovereign.
Thu Jul 17, 2014
HSBC Holdings plc Given "Neutral" Rating at BNP Paribas
's stock had its "neutral" rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Thursday.