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HSBC Holdings PLC

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  • HSBC Braced For Huge US Penalty Wednesday, 11 Jul 2012 | 7:42 PM ET
    A sign featuring the logo of the banking giant HSBC hangs outside a branch on December 11, 2003 in Hong Kong. The London-based bank, which operates in 79 countries, gave an upbeat tone for the global economy March 1, 2004 including its key Hong Kong market by reporting a record annual pre-tax profit of ?7.7bn ($14.4). (

    HSBC is to apologize to US lawmakers for failing to have appropriate controls in place to ensure it did not facilitate the financing of terrorism and other criminal activities, transgressions that analysts estimate may cost it up to $1 billion in fines.The FT reports.

  • Stocks Soar; Dow Posts Best June Since 1997 Friday, 29 Jun 2012 | 4:31 PM ET

    Stocks finished the final trading day of the weak second quarter with a huge bang as Wall Street cheered a surprise agreement by EU leaders to help the region's struggling banks.

  • Future Advance After EU Summit Agreement Friday, 29 Jun 2012 | 8:42 AM ET

    U.S. stock index futures jumped Friday after European leaders unexpectedly agreed to take action to bring down Italy and Spain’s borrowing costs and create a single banking supervisory body.

  • Stocks to Watch: BBY, HMA, THC & More Thursday, 28 Jun 2012 | 1:37 PM ET

    Take a look at some of Thursday's midday movers:

  • Bob Diamond

    Bob Diamond, chief executive of Barclays, has “very serious questions” to answer about the growing scandal around attempts to manipulate the London Interbank Offered Rate (Libor), UK Chancellor George Osborne said Thursday.

  • Moody’s Bank Downgrades: Market Says ‘Meh’ Friday, 22 Jun 2012 | 5:31 AM ET
    ATM

    The mass downgrades of major global banks by ratings agency Moody’s Thursday night don’t appear to have caused the downwards market movements one might have expected.

  • Stocks to Watch: VZ, T, SNE & More Friday, 11 May 2012 | 12:23 PM ET

    Take a look at some of Friday's midday movers:

  • Stocks Recover, but Dow Logs 5-Day Decline Tuesday, 8 May 2012 | 5:15 PM ET

    Stocks recovered more than half their losses, but still closed in negative territory Tuesday as political uncertainty in Greece kept investors on edge. 

  • Futures Slump Amid Worries Over Greece Tuesday, 8 May 2012 | 8:44 AM ET

    U.S. stock index futures pointed to a lower open on Wall Street on Tuesday as investors continued to fret over the euro zone following elections in France and Greece over the weekend.

  • Hang Seng Bank a Better Bet Than Parent HSBC: Pro Tuesday, 8 May 2012 | 4:45 AM ET
    The HSBC logo is displayed on the exterior of an HSBC bank branch March 2, 2009 in San Francisco, California. After taking a financial hit with sub-prime mortgage-backed securities, HSBC Holdings PLC reported that due to a 70 percent drop in 2008 net profits it plans to slash 6,100 jobs and close its consumer loan business in the U.S.

    Even as HSBC beat expectations with its first quarter results on Tuesday, one strategist says its Hong Kong-listed subsidiary Hang Seng Bank is a better bet for investors given its more attractive return on equity and lower cost base.

  • UAE Manufacturing ‘Solid,’ Orders Advance: HSBC Thursday, 3 May 2012 | 10:30 AM ET
    Dubai Palm Island

    In April, the HSBC UAE Purchasing Managers' Index rose to 53.5, the highest level since June 2011. The one-point increase is the strongest monthly gain since October of last year.

  • Sunday's flash PMI report on China shows the importance of maintaining discipline in your trading strategies.

  • Foreclosure

    Federal regulators are poised to crack down on eight financial firms that are not part of the recent government settlement over home foreclosure practices involving sloppy, inaccurate, or forged documents, the New York Times reports.

  • Yen Weakness Is Not Over: Strategist Friday, 16 Mar 2012 | 2:29 PM ET

    The yen has had a rough week, and this strategist says trading patterns suggest the weakness could continue.

  • Stocks to Watch: AAPL, F, P & More Wednesday, 7 Mar 2012 | 8:33 AM ET

    Take a look at some of Wednesday morning's early movers:

  • LTRO a 'Crutch' for European Banks: StanChart Asia CEO Thursday, 1 Mar 2012 | 3:08 AM ET
    A man walks past a logo of Standard Chartered bank at the headquarters of SC First Bank in Seoul on June 27, 2011.

    Standard Chartered Bank's Asia CEO Jaspal Bindra has warned that the European Central Bank's long-term refinancing operations could lead to unintended consequences.

  • 5 Bank Stocks That Won't Bankrupt You or America Wednesday, 29 Feb 2012 | 11:54 AM ET

    A quick look at the "laggards" for year-to-date returns among bank stocks shows some quality names that posted relatively strong earnings results in 2011, and performed much better than the The KBW Bank Index.

  • The HSBC logo is displayed on the exterior of an HSBC bank branch March 2, 2009 in San Francisco, California. After taking a financial hit with sub-prime mortgage-backed securities, HSBC Holdings PLC reported that due to a 70 percent drop in 2008 net profits it plans to slash 6,100 jobs and close its consumer loan business in the U.S.

    HSBC Holdings said on Monday it will likely face criminal or civil charges from an expanding investigation into its ties to allegedly illegal money transactions, including some tied to Iran.

  • What's Shaking: Monday's Early Movers Monday, 27 Feb 2012 | 8:39 AM ET

    Take a look at some of Monday morning's early movers:

  • HSBC Set for $22 Billion Profit, Fueled by Asia Sunday, 26 Feb 2012 | 8:07 PM ET
    HSBC

    HSBC is expected to report the West's biggest banking profit for last year, fuelled by the East, while its rivals are struggling with faltering European and U.S. growth.