UPDATE: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 18:14
(Adds details.) By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal
Read moreEuropean Bank ADRs Little Changed After Stress Tests
23rd Jul 2010 18:09
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Shares of European banks trading in the U.S. were little changed following results of the European stress test, which showed the large majority of the companies passed the examinations. The stress test results, intended to rest
Read moreAT A GLANCE: Summary Of UK Bank Stress Test Results
23rd Jul 2010 17:53
LONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how
Read moreUK FSA: UK Banks Pass Europe-Wide Stress Test
23rd Jul 2010 17:48
By Patricia Kowsmann Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K.'s four banks that underwent a Europe-wide stress test on their balance sheets have passed, the country's financial regulator said late Friday. Barclays PLC (BCS), HSBC Holdings PLC (HBC), Royal Bank of Scotland Group P
Read moreAT A GLANCE: Summary Of EU Bank Stress Test Results
23rd Jul 2010 17:36
LONDON (Dow Jones)--European authorities Friday released the results of stress tests on the 91 major banks in the region. The test, carried out by the European Union's Committee of European Banking Supervisors, examined the balance sheets of the banks, their compliance with capital rules and how
Read moreSeven banks fail European stress test
23rd Jul 2010 17:14
EU lenders have been given a largely clean bill of health when European banking regulators released the results of their so-called stress test on Friday. According to the eagerly anticipated results, 84 out of the tested 91 European banks would be able to cope with future economic blow-ups. German
Read moreLondon close: Flat finish for Footsie
23rd Jul 2010 16:58
The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov
Read moreFTSE 100 movers: Banks fall back
23rd Jul 2010 15:40
HSBC and Standard Chartered are among the shares pulling Footsie lower as the banks await European stress test results. TUI Travel, which was rising earlier this week on the back of bid speculation, is being hit by profit-taking. A study by Co-op Travel suggests travel companies are slashing price
Read moreLondon afternoon: KNOC ups Dana bid terms
23rd Jul 2010 14:36
Leading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results of the European banking stress tests at 5:00pm today. Not surprisingly, banks feature prominently among the losers with Standard Chartered, HSBC and L
Read moreSector movers: Microsoft results lift ARM
23rd Jul 2010 12:43
The sharp rise in ARM's share price has given the technology hardware and equipment sector a lift. The chip designer, whose results are out next week, is given a boost by bumper figures from US tech giant Microsoft last night. Microsoft uses ARM's intellectual property and has recently signed a mul
Read moreLondon midday: Equities in wait and see mode
23rd Jul 2010 12:13
Investors are keeping their powder dry ahead of the release of the European bank stress tests after the close of business today. Stocks are easier on balance, despite signs that the UK economy is picking up. Gross domestic product grew by 1.1% during the quarter according the Office of National St
Read moreHSBC and Total in energy trading alliance
23rd Jul 2010 12:13
HSBC has teamed up with French oil heavyweight Total to create new energy-specific over-the-counter (OTC) derivative products for its wealthy clients. Total Oil Trading (TOTSA), the trading arm of Total, will provide the expertise on dealing, while HSBC provides the client base and credit risk man
Read moreHSBC: Forms Energy Trading Alliance With Total Oil Trading
23rd Jul 2010 11:15
LONDON (Dow Jones)--HSBC Bank PLC (HBC) Friday said it had formed a partnership in energy trading with Total Oil Trading SA, or Totsa, the trading arm of French oil major Total SA (TOT). The partnership will enable HSBC to offer over-the-counter energy derivatives to its clients, HSBC said.
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
23rd Jul 2010 11:11
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100723/LTN20100723404.pdf Stock Code: 5 Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires July 23, 2010 06:11 ET (10:11 GMT)
Read moreHSBC Bank Inks Strategic Alliance In Energy Trading With TOTSA
23rd Jul 2010 10:59
LONDON (Dow Jones)--HSBC Bank PLC said Friday it establishes a strategic alliance in energy trading with Total Oil Trading SA, or TOTSA, the trading arm of Total. MAIN FACTS: -The alliance will open up new segments of the markets to both partners and will enable HSBC to offer energy-specific
Read more