HSBC Appoints Niall Booker North America CEO >HSBA.LN
14th Jun 2010 16:06
LONDON (Dow Jones)--HSBC Holdings PLC (HSBA.LN), a global banking and financial services company, said Monday Niall Booker has been promoted to Chief Executive Officer of HSBC North America Holdings Inc. with effect from August 1, succeeding Brendan McDonagh who has announced his retirement with eff
Read moreBooker named chief exec of HSBC North America
14th Jun 2010 16:02
HSBC said Niall Booker has been promoted to chief executive of HSBC North America with effect from 1 August. He will succeed Brendan McDonagh who has announced his retirement after more than 30 years with the bank. Booker, who is currently deputy chief executive of HSBC North America and chief e
Read moreRTE EDF Transport Prices EUR750M 2022 Bond At 99.172
14th Jun 2010 13:32
LONDON (Dow Jones)--French power transmission grid operator RTE EDF Transport SA has priced its EUR750 million,12-year bond through Deutsche Bank AG, HSBC Holdings PLC, Natixis and Societe Generale CIB, one of the banks said Monday. Terms are as follows: Amount: EUR750 million Maturi
Read moreRTE EDF Transport Plans EUR500M-EUR750M 12-Year Bond Issue
14th Jun 2010 09:20
LONDON (Dow Jones)--French power transmission grid operator RTE EDF Transport SA is planning to launch a 12-year bond issue, one of the banks working on the deal said Monday. The issue is set to be worth between EUR500 million and EUR750 million. Deutsche Bank AG, HSBC Holdings PLC, Natixis
Read moreMARKET TALK: HSI +0.9% Midday; 20,738 A Near-Term Cap - UOBKH
14th Jun 2010 05:42
0442 GMT [Dow Jones] HSI +0.9% at 20,047.14 midday, with index recovering back above psychologically-key 20,000 mark, but volume remains light at HK$20.77 billion, as trading interest sluggish amid absence of cues from mainland, as China markets closed for public holiday and will reopen Thursday, sa
Read moreUPDATE: Indonesia Bank Panin Owner Not Seeking To Sell Panin Stake - Sources
14th Jun 2010 04:06
(Adds UBS was hired to deal with interested investors, background) By Edhi Pranasidhi OF DOW JONES NEWSWIRES JAKARTA (Dow Jones)--PT Bank Panin's (PNBN.JK) controlling shareholder Mukmin Ali Gunawan doesn't plan to sell his stake in the mid-sized bank although he has received bids from
Read moreMARKET TALK: HSI Likely To Rise But Volume Key - Broker
14th Jun 2010 02:24
0124 GMT [Dow Jones] HSI likely to rise to test psychological 20,000, taking cue from higher ADRs, gains in regional bourses. Still, key cap not 20,000, but 50-day moving average at 20,577, says senior broker at local house. "We need a pickup in (market) volume for the rally to sustain," he says, no
Read moreFinancial News: HSBC Names Co-Head Of Financial Institutions
14th Jun 2010 01:01
By Matt Turner Of FINANCIAL NEWS HSBC has appointed a former head of the financial institutions group for Europe at Lehman Brothers and then Nomura as global co-head of its FIG business, according to sources familiar with the hire. Giles Harrison left Nomura in February, according to the
Read moreUK Business Secretary In Bid To Split Banks - Report
13th Jun 2010 13:29
LONDON (Dow Jones)--U.K. Business Secretary Vince Cable is keen on separating retail from investment banking despite assurances from the Treasury that the prospect of such a split hasn't been concluded yet, the Sunday Telegraph reported. "The coalition agreement is quite explicit ... The purpose
Read moreUPDATE:BPCE To Sell Societe Marseillaise To Societe Generale:Report
11th Jun 2010 18:45
(Adds that Groupe BPCE and Societe Generale declined to comment; background.) By Elena Berton Of DOW JONES NEWSWIRES PARIS (Dow Jones)--French mutual bank Groupe BPCE is selling regional bank Societe Marseillaise de Credit to French lender Societe Generale SA (SCGLY, GLE.FR), French da
Read moreMARKET TALK: HSI +1.6%;Investors May Take Quick Profits -Delta
11th Jun 2010 03:33
0233 GMT [Dow Jones] HSI +1.6% at 19,943.65, off intraday high of 19,995.64, tad below psychologically key 20,000 level, as investors stay cautious after China's May CPI came in slightly higher than expected (+3.1% on-year vs +3.0% expected by economists in Dow Jones poll), says Conita Hung at Delta
Read moreMARKET TALK: HSI Set To Rise; May Test 20,000 - Wing Fung
11th Jun 2010 02:18
0118 GMT [Dow Jones] HSI set to rise to track strong showing on Wall Street, may test psychological 20,000 resistance today, says Mark To at Wing Fung Financial. Adds short-covering activity may also offer support, while trading volume remains key to see if any rise sustainable. Tips heavyweights su
Read morePRESS RELEASE: Moody's Downgrades Hsbc Bank Middle East To A1/C-; Stable Outlook
10th Jun 2010 19:19
The following is a press release from Moody's Investors Service: DIFC, June 10, 2010 -- Moody's Investors Service has today downgraded the bank financial strength rating (BSFR) of HSBC Bank Middle East Limited (HBME) to C- from C and the long-term local and foreign currency deposit ratings by one
Read more4th UPDATE: UK To Probe Investment Banks' Equity-Raising Fees
10th Jun 2010 15:50
(Adds comment from the Association for Financial Markets in Europe.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading put investment banks in its sights Thursday, saying it will launch an inquiry into how much they charge
Read more3rd UPDATE: UK To Probe Investment Banks' Equity-Raising Fees
10th Jun 2010 15:34
(Adds comment from the Investment Management Association.) By Vladimir Guevarra and Digby Larner Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s Office of Fair Trading put investment banks in its sights Thursday, saying it will launch an inquiry into how much they charge for equity
Read more