HSBC Holdings PLC


  • European shares trade in tight range, uptrend intact Friday, 12 Oct 2012 | 7:55 AM ET

    *HSBC becomes "overweight" Spanish equities. Alcoa posted a quarterly loss and cut its outlook for global aluminum demand, citing a slowdown in China. "We are not expecting any great surprises from the earnings season, but feel that people are getting too pessimistic on the outlook for corporate earnings," Robert Parkes, equity strategist at HSBC Securities, said.

  • *Investors consolidate; $1,760/ 50 seen as support level* U.S. producer prices rise in September* China, India demand falls By Clare Hutchison.

  • Morgan Stanley sees Barclays and HSBC as set for encouraging results from the third quarter, rating both "overweight", while it gives Lloyds an "underweight" rating based on a more cautious outlook. However, Morgan Stanley is more cautious heading into Lloyds' results.

  • MOSCOW, Oct 12- Gazprombank, Russia's No. 3 lender by assets, has mandated banks to hold meetings with investors as it eyes a possible subordinated perpetual Eurobond offering, IFR and a banking source said on Friday.

  • "Thailand runs on cruise control; growth is slowing, but not alarmingly so, and inflation is not a worry," HSBC strategists said in a note after visiting Bangkok, and retained their' overweight' on Thai equities.

  • *September new yuan loans total 623.2 billion yuan (f'cast 650 billion yuan. BEIJING, Oct 12- Chinese banks made 623.2 billion yuan of new local currency loans in September, data showed Friday, missing market expectations for 650 billion yuan and reinforcing calls for further policy easing to support the slowing economy.

  • New Issue-KfW prices 750 mln stg 2017 bond Friday, 12 Oct 2012 | 3:52 AM ET

    October 11- Following are terms and conditions. of a bond priced on Thursday.

  • RESEARCH ALERT-HSBC cuts Peugeot target price Friday, 12 Oct 2012 | 2:32 AM ET

    *HSBC cuts Peugeot target price to 4 euros; rating underweight. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • RESEARCH ALERT-HSBC cuts Antofagasta to underweight Friday, 12 Oct 2012 | 2:30 AM ET

    Oct 12-:* HSBC cuts Antofagasta to underweight from neutral* HSBC cuts Anglo to neutral from overweight. *HSBC cuts Rio Tinto target price to 3220 p from 4320 p; rating. Reuters Station users, click. 1580.

  • UK shares bruised by earnings concerns Friday, 12 Oct 2012 | 12:27 AM ET

    *FTSE 100 down 0.5 percent on day, 1.2 pct on week. LONDON, Oct 12- Britain's FTSE 100 fell on Friday, dented by corporate earnings concerns after a second profit warning in a week from the engineering sector and by more weak data from mega metals consumer China.

  • TABLE-Vietnam banks' assets, registered capital Thursday, 11 Oct 2012 | 11:04 PM ET

    Oct 12- The following table updates the assets and registered capital of banks in Vietnam, based on their latest published reports. Technological& Commercial Bank 12-11 180,531.2* 8,848. Petrolimex Group Bank 06-12 19,581.0 3,000.

  • *Cooper Tire shares jump as much as 11 pct By Sumeet Chatterjee and Sagarika Jaisinghani Oct 11- Indian tire manufacturer Apollo Tyres. Shares of Cooper Tire jumped as much as 11 percent to $20.76, valuing the company at $1.3 b illion.

  • Oct 11- Apollo Tyres Ltd:. *In early talks with Cooper Tire& Rubber to acquire majority stake. *Has hired standard chartered and HSBC for secondary share sale in Indian.

  • UPDATE 1-Second-tier banks need capital top-up by 2016 Thursday, 11 Oct 2012 | 11:44 AM ET

    By Catherine Bosley and Steve Slater. ZURICH/ LONDON, Oct 11- Nationally important banks will need to hold extra capital from 2016 to cushion the impact on their domestic economies if they hit trouble, but the global banking watchdog will leave it up to national regulators to say how much more.

  • Germany's NordLB jumps into US covered bond market Thursday, 11 Oct 2012 | 10:51 AM ET

    By Andrea Johnson and Danielle Robinson. Oct 11- Norddeutsche Landesbank-Girozentrale became the first German issuer to tap the US covered bond market since 2006 on Wednesday when it priced a $1 bn three-year deal at 50 bp over mid-swaps.

  • New Issue-KfW prices 750 mln euro 2017 bond Thursday, 11 Oct 2012 | 9:09 AM ET

    October 11- Following are terms and conditions. of a bond priced on Thursday.

  • Qatar lender QIIB prices $700 mln 5-yr sukuk Thursday, 11 Oct 2012 | 8:21 AM ET

    DUBAI, Oct 11- Qatar International Islamic Bank. HSBC Holdings, Standard Chartered and QNB Capital, a unit of Qatar National Bank were mandated bookrunners on the deal. Last week, Qatar Islamic Bank sold $750 million in a five-year sukuk at 2.5 percent.

  • *Middle East allocated much more of sukuk than expected. DUBAI, Oct 11- Turkey's first sovereign sukuk issue was a public relations triumph but it's been a financial disappointment so far in the secondary market, showing the risks of over-allocating debt deals to a single region.

  • --Hong Kong- based Hang Seng has slowed its loan growth and strengthened its capitalization over the past two years. --Our stable outlook reflects the bank's ongoing government support, its status as a core subsidiary of HSBC, and a lack of meaningful pressure on the SACP.

  • UPDATE 1-Qatar's QIIB to price $700 mln sukuk Thursday Thursday, 11 Oct 2012 | 5:10 AM ET

    DUBAI, Oct 11- Qatar International Islamic Bank launched a $700 million sukuk on Thursday, arranging banks said, at the lower end of revised price guidance in a reflection of healthy demand for the deal. HSBC, Standard Chartered and QNB Capital. QIIB's sukuk would follow an issue from Qatar Islamic Bank.