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HSBC Holdings PLC

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  • HSBC Sparkles as European Stocks Rise for Third Day Wednesday, 14 Nov 2007 | 1:02 PM ET

    European shares rose for the third straight day on Wednesday led by British bank HSBC, which reported higher profits, but analysts and traders said sentiment was fragile and big investors cautious.

  • HSBC Revenue Growth Offsets Higher Bad Debt Wednesday, 14 Nov 2007 | 11:16 AM ET

    HSBC Holdings, Europe's biggest bank, said its third-quarter profits were ahead of last year's and revenue growth across the group offset a jump in its charge for bad debts in the United States.

  • Inflation, Retail, Subprime Numbers Help Futures Rally Wednesday, 14 Nov 2007 | 9:10 AM ET

    Futures rallying on economic and subprime news. 1) Economic news showed no inflation at the wholesale level and retail sales on the aggregate were a tad better than expected. 2) Two large financial companies made relatively positive comments concerning their subprime exposure this morning.

  • Banks Reel from Credit Crisis, but Hope for Rescue Monday, 12 Nov 2007 | 4:00 PM ET

    Help  may be on the way for the financial sector, but in the meantime individual institutions are continuing to get hit with damage from the growing subprime mortgage crisis.

  • Analysts See Subprime Losses Reaching $400 Billion Monday, 12 Nov 2007 | 9:23 AM ET

    Banks worldwide may lose as much as $400 billion from subprime mortgages, as at least one in four of the risky home loans go into default, analysts said on Monday.

  • Tech "Jitters" And Subprime Weigh On Markets Monday, 12 Nov 2007 | 9:12 AM ET

    Here's what I see this Monday morning:1) U.S. dollar finally showing some strength on weakness overseas, Hong Kong at a 6 week low, about 12% from historic high. 2) Jitters in tech land. All those momentum traders piling into techs in the last couple months are nervous.

  • HSBC Faces Another Hit from US Mortgages Sunday, 11 Nov 2007 | 9:32 AM ET
    HSBC

    Europe's biggest bank HSBC is this week expected to unveil a further big hit from its exposure to the U.S. mortgage crisis.

  • HSBC to Buy Stake in S.Korea Hana's Insurer Monday, 5 Nov 2007 | 11:46 PM ET

    HSBC Holdings is to buy a 49.9 percent stake in the life insurance unit of South Korea's No. 4 banking group, Hana Financial, an online media firm said on Tuesday.

  • HSBC Outranks Citi as West's Most Valuable Bank Monday, 5 Nov 2007 | 9:58 PM ET
    HSBC

    HSBC Holdings was one of the first and most exposed banks to the U.S. housing crisis, but the recent bigger problems of leading rivals mean its shares have outperformed to make it the West's biggest bank.

  • HSBC Outranks Citi as West's Most Valuable Bank Monday, 5 Nov 2007 | 1:09 PM ET

    HSBC Holdings was one of the first and most exposed banks to the U.S. housing crisis, but the recent bigger problems of leading rivals mean its shares have outperformed to make it the West's biggest bank.

  • Banks Offer More Than $60 Billion Towards Fund: WSJ Sunday, 21 Oct 2007 | 9:34 PM ET

    Banks and other financial institutions have expressed interest in providing more than $60 billion towards a super-sized fund aimed at bailing out structured investment vehicles, The Wall Street Journal reported on Sunday.

  • European Markets End Lower, Banking Stocks Slip Friday, 19 Oct 2007 | 12:22 PM ET

    The major European indexes closed in the red Friday as fresh record highs in the price of oil and a soaring euro versus the dollar gave rise to economic concerns. Banking stocks were among the worst performers, with the Dow Jones STOXX banking index down 1 percent.

  • U.S. Real Estate Fund Sues HSBC over Bond Deal: WSJ Friday, 19 Oct 2007 | 5:27 AM ET
    HSBC

    A U.S. real estate fund reportedly has sued HSBC alleging the its U.S. mortgage trading operation took advantage of the credit crisis at the expense of the fund.

  • HSBC Files for Anti-Trust Body Review of KEB Deal Tuesday, 2 Oct 2007 | 12:41 AM ET

    HSBC has applied for a review of its $6.3 billion purchase of a stake in Korea Exchange Bank to South Korea's Fair Trade Commission, the anti-trust body said on Tuesday.

  • Merrill Could Take Big Subprime Charge, Analyst Says Tuesday, 25 Sep 2007 | 2:19 PM ET

    Merrill Lynch's subprime mortgage unit, First Franklin Financial, could cut about $100 million from the brokerage's third-quarter profit on an impairment charge, a Wall Street analyst said Tuesday.

  • HSBC Shuts U.S. Subprime Unit, Cuts 750 Jobs Friday, 21 Sep 2007 | 12:20 PM ET

    HSBC, Europe's biggest bank, said it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking an $880 million writedown, because the business is no longer sustainable.

  • The U.K.'s top banks are mulling borrowing funds from the Bank of England's 10 billion pounds ($20 billion) facility to remove the stigma attached to it and restore confidence in the banking system, the Financial Times reported Friday.

  • HSBC Dismisses Call for Strategic Change: Sources Thursday, 20 Sep 2007 | 7:45 AM ET

    Europe's biggest bank, HSBC Holdings, has rejected calls from an activist investor for it to review its strategy and shake up its corporate governance, people familiar with the situation said on Thursday.

  • HSBC's Green Not Considering Japanese Acquisitions Thursday, 20 Sep 2007 | 2:39 AM ET

    HSBC is not considering acquisitions in Japan and will instead focus on growth by itself as it rolls out retail banking in the world's second-largest economy, HSBC Chairman Stephen Green said on Thursday.

  • Stop Trading! Less Risk in KeyCorp Monday, 17 Sep 2007 | 3:15 PM ET

    After it sold off its mortgage unit, this bank is a natural takeout candidate, Cramer said.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.