* HSBC to launch rights issue of up to $18 bln -sources * To be unveiled with 2008 results early on Monday * 2008 profits seen down 22 pct at $19 bln, bad debts jump...
* HSBC plans $18 billion rights issue * To announce plans on Monday * Offering would remove share price uncertainty * Focus now on discount LONDON, Feb 28 - Britain's HSBC is set to announce...
LONDON, Feb 28 - HSBC, Europe's biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base during the global economic crisis, the...
SINGAPORE, Feb 28 - HSBC, Europe's biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base in order to cope with the...
* Shares trim gains ahead of futures expiry on Thursday * HSBC outperforms in global bank stocks rally * PCCW slides on buyout deal uncertainty * Wing Hang Bank jumps on China Life's stake buy...
* Shares trim gains ahead of futures expiry on Thursday * HSBC outperforms in global bank stocks rally * PCCW slides on buyout deal uncertainty * Wing Hang Bank jumps on China Life's stake buy...
LONDON/HONG KONG - A rights issue of more than $10 billion is one option for HSBC to remove uncertainty about its capital and leave it able to take advantage of Asian deals, and investors may...
HONG KONG, Feb 12 - Asia should be the first region to recover from global recession, thanks to the consumption power of its growing middle class, Sandy Flockhart, Asia-Pacific head of banking giant HSBC <0005.HK>...
Jan. 9, 2009 (China Knowledge) - HSBC Holdings<5><HBC>, the biggest bank by market value in Europe, said it has no plan to reduce its strategic stake in China's Bank of Communications (BoComm)<601328><3328>. The London-based ba...
Jan. 5, 2009 (China Knowledge) - BOC International cut its target price for HSBC Holdings<5><HBC> to HK$72 amid the economic downturn. BOC International also forecast HSBC Holdings' earnings per share (EPS) will drop by 15.1%...