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HSBC Holdings PLC

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  • *Gulf banks reducing loan fees, easing terms. *Eager to deploy cash supplies amid high oil prices. DUBAI, July 21- Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending.

  • Hong Kong shares fall, Sands China slides Friday, 18 Jul 2014 | 4:09 AM ET

    HONG KONG, July 18- Hong Kong shares ended lower on Friday, tracking losses in global markets after the downing of a Malaysian Airlines plane over Ukraine sent investors scurrying into defensive assets. The Hang Seng Index closed down 0.3 percent at 23,454.79 points.

  • Malaysian bank merger to disrupt Islamic finance Thursday, 17 Jul 2014 | 7:25 PM ET
    The headquarters of CIMB Bank (left) and OCBC Bank stand in Kuala Lumpur, Malaysia.

    A proposed merger in Malaysia will create the first Islamic bank that will have enough clout to challenge conventional, often Western, banks.

  • Experts brace for harsh—but brief—Street reaction Thursday, 17 Jul 2014 | 7:03 PM ET
    Traders on the floor of the New York Stock Exchange.

    The shooting down of a Malaysia Airlines jet over Ukraine and Israel's ground offensive in Gaza could lead to a bigger stock market pullback but the impact could be temporary.

  • *U.S. imposes toughest Russia sanctions yet over Ukraine. LONDON, July 17- New U.S. sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing international loans and has dashed hopes that Russia's syndicated loan market is reopening, bankers said on Thursday.

  • *U.S. imposes toughest Russia sanctions yet over Ukraine. LONDON, July 17- New U.S. sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing international loans and has dashed hopes that Russia's syndicated loan market is reopening, bankers said on Thursday.

  • UBS wealth arm assets near $2 trillion 'milestone' Thursday, 17 Jul 2014 | 3:50 AM ET

    Swiss bank UBS saw 15.4 percent growth in its wealth management business for 2013, firmly securing its position as world leader in the sector.

  • **September 2012: Agrees to pay $2.43 billion to settle claims it hid crucial information from shareholders when it bought investment bank Merrill Lynch& Co at the height of the financial crisis.

  • *Gold fixing company launches request for proposals. LONDON, July 16- London Gold Market Fixing Ltd, the company operating the century-old global price benchmark known as the "fix", said it is seeking a third party to take over administration of the process, possibly signalling a move to an electronic platform.

  • *Gold steady after biggest 2- day loss since Oct, down 3.3 pct. LONDON, July 16- Gold steadied around 1,300 an ounce on Wednesday as investors found value after two days of losses, but was still trading near a four-week low on a stronger dollar and fears the Federal Reserve could raise U.S. interest rates sooner than expected.

  • LONDON, July 16- A statement on reforming the century-old system of benchmarking gold prices is expected imminently ahead of the implementation of new regulations governing financial benchmarks, a source familiar with the matter said on Wednesday.

  • *BoE says UK banks have "dreadful record" of mis-selling. LONDON, July 15- The Bank of England said on Tuesday that British banks had a "dreadful record" on mis-selling complex interest rate hedging products to small businesses and warned that it would keep a close eye on them.

  • BOJ keeps policy steady, trims 2014 growth target Tuesday, 15 Jul 2014 | 3:25 AM ET

    The Bank of Japan on Tuesday stuck to its stimulus program and projections that inflation will reach its 2 percent target next year, but bit trimmed its 2014 growth target.

  • BEIJING, July 14- China's fiscal expenditure surged 26.1 percent in June from a year earlier to 1.65 trillion yuan, reflecting government efforts to speed up spending to shore up the economy.

  • For Asia, BOJ and China data in driver's seat Sunday, 13 Jul 2014 | 8:00 PM ET

    A central bank decision in Japan and second-quarter gross domestic product (GDP) from China will be the key events in Asia this week.

  • Grumbling foreign banks bend to US rules Sunday, 13 Jul 2014 | 7:39 PM ET

    Financiers are grumbling that the U.S. is acting like an imperial power in punishing foreign banks for dealings beyond U.S. territory.

  • Why the party isn't over for India stocks Sunday, 13 Jul 2014 | 6:37 PM ET
    Traders work on the trading floor of the Motilal Oswal Financial Services Ltd. office in Mumbai, India.

    Record levels in India's stock markets amid continued post-election euphoria have raised concerns over whether a correction is due, but analysts say the bulls'rein will continue for some time.

  • What happened to Japan's yen-driven export boom? Sunday, 13 Jul 2014 | 6:33 PM ET

    When Japan's PM Shinzo Abe came to power, he hoped a weaker yen would give exporters a boost and spur the inflation needed to revive Japan's economy.

  • LONDON/ HONG KONG, July 13- Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.

  • *BoE outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.