Santander Plans 4-Year Euro Benchmark Bond At Swaps +1.60 Area
29th Jul 2010 09:28
LONDON (Dow Jones)--Spain's Banco Santander SA is planning to issue a euro-denominated, benchmark bond, maturing in August 2014, and has set guidance in the area of 160 basis points over mid-swaps, one of the banks running the sale said Thursday. HSBC Holdings PLC, Natixis, and Santander are joi
Read moreMARKET TALK: HSI Down 0.1%; 20,500-21,200 Range N/T -Wing Fung
29th Jul 2010 07:48
0648 GMT [Dow Jones] HSI down 0.1% at 21,071.52, snapping 7-session winning streak (+5.0%), but profit-taking looks modest so far, as China markets remain buoyant (Shanghai Composite last +0.6%), says Mark To at Wing Fung Financial. Tips 20,500-21,200 near-term trading range. "Consolidation looks in
Read moreMARKET TALK: HK Short Sales Down 5.9% Midday; A50 Leads
29th Jul 2010 06:53
0553 GMT [Dow Jones] HK short-selling volume down 5.9% at HK$1.339 billion midday, 4.2% of total market volume vs 4.3% at Wednesday's midday, suggesting view HSI's 0.1% retreat normal consolidation following 7-day winning streak. A50 China Tracker (2823.HK) tops list with HK$163.63 million, no other
Read moreMARKET TALK: HK Short Sales Down 6.2% Thursday; AgBank Tops
29th Jul 2010 00:31
2331 GMT [Dow Jones] HK short-selling volume down 6.2% at HK$2.804 billion yesterday, as percentage of total market volume at 5.0% little changed vs Wednesday's 4.8%, suggesting bears remained reluctant to short amid HSI's 8-day winning streak. Agricultural Bank of China (1288.HK) led with HK$281.28
Read morePRESS RELEASE: Fitch Upgrades HSBC Bank (Uruguay)'s Ratings after Sovereign Upgrade
28th Jul 2010 20:43
The following is a press release from Fitch Ratings: Fitch Ratings-Buenos Aires-28 July 2010: Fitch Ratings has upgraded HSBC Bank (Uruguay) S.A.'s ratings following the upgrade of Uruguay's sovereign ratings announced on July 27, 2010 as follows: --Foreign currency Issuer Default Rating (I
Read morePRESS RELEASE: HSBC Private Bank Appoints Mark Pittsey Regional Manager for the Bay Area and Northwest Region
28th Jul 2010 18:02
NEW YORK--(BUSINESS WIRE)--July 28, 2010-- HSBC Private Bank today announced the appointment of Mark Pittsey as a Managing Director and Regional Manager for the Bay Area and Northwest Region of the United States. Reporting to Patrick Campion, CEO US Private Bank, he will head the HSBC Private Ba
Read moreHSBC Hires Private Banking Chief For US Northwest Region
28th Jul 2010 17:59
By Thomas Coyle Of DOW JONES NEWSWIRES HSBC Private Bank has made former Deutsche Bank (DB, DBK.XE) wealth manager Mark Pittsey head of its office in San Francisco and manager of its U.S. northwest region. As a report to Patrick Campion, chief executive of HSBC's U.S. private bank, Pitts
Read morePRESS RELEASE: HSBC Names Cards Executive Patrick Burke as HSBC Finance CEO
28th Jul 2010 15:52
Brian Hughes Promoted to Head of Card and Retail Services METTAWA, Ill.--(BUSINESS WIRE)--July 28, 2010-- Patrick "Pat" Burke has been appointed Chief Executive Officer (CEO) of HSBC Finance Corporation, to lead the U.S. consumer finance division. Burkes's appointment was effective July 12, 2010
Read moreEIB Prices GBP200M 2014 Bond At Par, Sterling Libor +0.07
28th Jul 2010 14:29
LONDON (Dow Jones)--The European Investment Bank has priced a GBP200 million bond via lead managers Deutsche Bank AG and HSBC Holdings PLC, one of the lead managers on the deal said Wednesday. Terms are as follows: Amount: GBP200 million Maturity: Jan. 30, 2014 Coupon:
Read moreMARKET TALK: Oriel Downgrades Barclays To Hold, HSBC To Add
28th Jul 2010 08:19
0719 GMT [Dow Jones] Oriel Securities downgrades Barclays (BCS) to hold from add, and HSBC Holdings (HBC) to add from buy, but maintains target prices. Says Barclays Capital should see revenue cut of 20% in 2Q versus 1Q, while bank now trades 8% above 312p target price. HSBC trading 10% below 730p t
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jul 2010 08:19
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0719 GMT [Dow Jones] Oriel Securities downgrades Barclays (BCS) to hold from add, and HSBC Holdings (HBC) to add from buy, bu
Read moreMARKET TALK: HSI +0.9%; May Test 21,400-21,600 N/T -Prudential
28th Jul 2010 07:57
0657 GMT [Dow Jones] HSI +0.9% at 21,164.31, led by gains in heavyweight HSBC (0005.HK), last +2.0% at HK$80.45 due to news Basel 3 proposals watered down. Prudential's associate director Alvin Cheung expects HSI may test 21,400-21,600 ahead if it manages to stay above 21,000. "Buying interest in HS
Read moreHSBC Names HSBC Finance Exec Patrick Burke As US Unit CEO
28th Jul 2010 07:46
LONDON (Dow Jones)--HSBC Holdings PLC (HBC) said Wednesday that Patrick Burke, chief executive of HSBC Finance Corp.'s card and retail services, has been appointed CEO of the unit. The move follows the appointment of Niall Booker, who headed the U.S. consumer finance unit, as CEO of HSBC's North
Read moreMARKET TALK: HSBC +1.2%, May Test HK$80; 1H Results Eyed
28th Jul 2010 03:53
0253 GMT [Dow Jones] HSBC (0005.HK) extends recent gains, last +1.2% at HK$79.80, may test psychological HK$80 (last at this level end April) later in day; stock most heavily traded in HK with HK$745.2 million, nearly 7% of market total. HSBC tracking gains in ADRs, London-traded shares, on sector r
Read moreMARKET TALK: HSI Off 0.2%;But Upward Momentum Remains -Taifook
28th Jul 2010 03:19
0219 GMT [Dow Jones] HSI down 0.2% at 20,938.29, snapping 6-session winning streak, but pullback appears normal consolidation, with "upward momentum unabated," according to Taifook Securities; likely just matter of time before psychological 21,000 cap cracked. Market volume light at HK$5.31 billion
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