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HSBC Holdings PLC

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  • *Policy decision seen 0300-0500 GMT, forecasts 0600 GMT. TOKYO, April 30- The Bank of Japan is expected to hold off on expanding monetary stimulus on Thursday despite trimming its inflation and growth forecasts, clinging to hope that rising wages will spur spending and keep the economic recovery on track. Japan is emerging from recession but at a snail's pace, as...

  • BEIJING, April 29- Growth in China's vast factory sector likely stalled in April, a Reuters poll showed, reinforcing persistent sluggishness in the economy and arguing the case for more policy easing. "The government's policies to keep the economy growing at a steady rate have not passed on to the real economy yet," said Hwabao Trust analyst Nie Wen.

  • Swiss money laundering reports hit record high in 2014 Tuesday, 28 Apr 2015 | 8:17 AM ET

    ZURICH, April 28- Switzerland's money laundering office received a record number of suspicious activity reports last year, in part due to increased vigilance from Swiss banks. The Alpine nation has faced intense international pressure over bank secrecy, tax evasion and money laundering, most recently highlighted by allegations that the Swiss arm of HSBC had...

  • *Banker says investors still link Cyprus to Greece. LONDON, April 28- Bailed-out Cyprus sold one billion euros in seven-year bonds on Tuesday, highlighting its economic recovery and the gulf with Greece, whose future in the euro zone is in doubt. By contrast yields on debt issued by Greece, the country which effectively forced Cyprus to seek an international...

  • LONDON, April 28- Asia- focused bank Standard Chartered said the location of its headquarters was under constant review and a sharp increase in a tax on banks in Britain meant it was watching the situation closely. "At the moment it's something we're watching, we're looking at, we're thinking about, but at this point in time there's no change in our position," Andy...

  • HONG KONG, April 27- A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city's banking watchdog, regulatory experts said. HSBC's $2.6 trillion balance sheet is nearly eight times the size of Hong Kong's economic output. HSBC said on Friday it had ordered a review into whether it should move its...

  • Europe shares bounce as optimism on Greece wins out Monday, 27 Apr 2015 | 7:17 AM ET

    Greece looks set to run out of cash in the coming weeks, with fruitless debt relief talks between euro zone finance ministers on Friday serving to highlight the gulf between Athens and its creditors. "Greece has recast its negotiating team for the talks with creditors, which contributes to reassure investors," said Pierre Martin, a trader at Saxo Bank.

  • LONDON, April 27- Stimulus hopes fuelled a 3 percent Chinese equity surge on Monday, boosting Asian currencies and pushing emerging stocks to 7-1/ 2- month highs, though Russian markets tumbled, with the rouble down 1.8 percent to the dollar. Taiwan, the third biggest component of MSCI index after China and South Korea, touched new 15- year highs.

  • *Deutsche Bank down 4.9 percent. LONDON, April 27- European shares edged lower on Monday, with persistent concerns about Greece's debt situation prompting some investors to take profits after recent strong gains. Deutsche Bank fell 4.9 percent as investors doubted whether co-chief executives Anshu Jain and Juergen Fitschen would meet their new targets.

  • LONDON, April 27- Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive. HSBC has already sold or shut 77 businesses and could yet dispose of big operations in Brazil or Turkey. Credit Suisse's incoming CEO Tidjane Thiam is expected to cut...

  • Hong Kong stock up on HSBC, state firm merger hopes Monday, 27 Apr 2015 | 4:19 AM ET

    April 27- Hong Kong stocks advanced to fresh seven-year highs on Monday, led by Chinese state-owned giants on expectations that Beijing will accelerate mergers among state-owned enterprises. The market was also bolstered by index heavyweight HSBC Holdings Plc, which jumped 3.6 percent after Europe's biggest bank ordered a review into whether it should...

  • European shares fall, Greek concerns weigh Monday, 27 Apr 2015 | 3:29 AM ET

    LONDON, April 27- European shares edged lower in early trading on Monday, with lingering concerns over Greece's debt situation prompting investors to trade cautiously at the start of a new week. German Finance Minister Wolfgang Schaeuble hinted on Saturday that Berlin was preparing for a possible Greek default, drawing a parallel with the secrecy of German...

  • HSBC Chair: Hong Kong 'interesting' as new HQ Friday, 24 Apr 2015 | 1:02 PM ET
    Pedestrians pass a HSBC bank branch in London, U.K.

    HSBC Chairman Douglas Flint told CNBC that relocating the bank's headquarters back to Hong Kong "would be potentially interesting" on Friday.

  • *Electrolux and Renault advance after results. LONDON, April 24- European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market. There was also cautious optimism on Greece after German Chancellor Angela Merkel expressed hope that a...

  • *Hong Kong seen as most likely destination for HSBC. *Investors urge HSBC, StanChart to mull move after UK tax rise. LONDON, April 24- HSBC, Europe's biggest bank, has ordered a review into whether it should move its headquarters out of Britain and potentially back to its former home in Hong Kong, threatening London's reputation as a global hub for finance and...

  • *Euro zone banks best relative value since 2012- Barclays. LONDON, April 24- European banking shares, shunned by investors after the lenders accrued a spate of expensive fines and were hit by restrictive new regulation, are attracting interest again as the outlook for lending improves and valuations look to be bottoming out. Morgan Stanley and Goldman Sachs said...

  • *Electrolux and Renault, rise after results. LONDON, April 24- European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market. There was also optimism regarding Greece, after German Chancellor Angela Merkel said she had had a "...

  • *Hong Kong seen as most likely destination for HSBC. *Investors urge HSBC, StanChart to mull move after UK tax rise. LONDON, April 24- HSBC, Europe's biggest bank, has ordered a review into whether it should move its headquarters out of Britain and potentially back to its former home in Hong Kong, threatening London's reputation as a global hub for finance and...

  • LONDON, April 24- HSBC Holdings said 23.7 percent of investors who voted opposed its remuneration report for 2014, representing a significant backlash against the bank's pay policy.

  • LONDON, April 24- Deutsche Bank's expected move to sell much of its retail banking business will see it join a growing list of banks choosing to shrink and simplify to survive. HSBC has already sold or shut 77 businesses and could yet dispose of big operations in Brazil or Turkey. Credit Suisse's incoming CEO Tidjane Thiam is expected to slash trading operations...