FTSE 100 closes higher as markets more optimistic on US, China trade
BIg banking group Lloyds was among the top gainers on Footsie
Company
HSBC Holdings PLC
LON:HSBA
HSBC serves customers worldwide from more than 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC is one of the world's largest banking and financial services organisations.
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HSBC weak as 2018 results miss forecasts following a drop in fourth-quarter profit
The FTSE 100-listed lender posted a reported pre-tax profit of US$19.9bn for 2018, up 15.9% from US$17.2bn a year earlier but below the consensus estimate of US$22bn
Investments and investor services
FTSE 100 closes in red as lack of positive news puts traders off
The UK's blue chip benchmark closed down around 40 points at 7,179, while FTSE 250 shed around 58 at 19,068
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HSBC to continue bank’s reporting season, with investors looking for reassurance over US/China trade spat
Aside from HSBC's 2018 results, the day ahead will also bring updates from blue-chip Holiday Inn owner InterContinental Hotels and miner BHP, plus the latest UK jobs and wages data
Investments and investor services
FTSE 100 closes in red amid lower volumes but Reckitt Benckiser jumps
Footsie closed down around 17 points at 7,219 but FTSE 250 added over 140 at 19,127
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Banking results to flow faster, with Barclays, Lloyds, and HSBC all set to report 2018 numbers
Aside from the banking results, the week ahead will bring updates from other blue-chips firms such as BAE Systems, Anglo American, Pearson, and Reckitt Benckiser
Deutsche Bank downgrades HSBC to 'sell', prefers Barclays, RBS and Lloyds
Deutsche Bank’s top picks in order of preference are Barclays, RBS and Lloyds
Lloyds, RBS and Barclays hung up on Brexit dilemma
If the markets are right, Britain’s big four banks are in for a rough ride in 2019
RBS on course for female-led board after confirming Katie Murray as finance chief
Katie Murray has been finance chief on an interim basis since September when Ewen Stevenson left to join HSBC
Lloyds, Barclays, RBS and other banks avoid cap on overdraft fees in FCA's new rules
Lloyds, RBS, Natwest and HSBC already made changes to their overdraft fees last year ahead of the FCA's high-cost credit review
Lloyds, RBS, Barclays and other UK banks pass tough 2018 stress test ahead of Brexit
In the 2018 scenario, UK GDP falls by 4.7%, the UK unemployment rate rises to 9.5%, UK residential property prices fall by 33% and UK commercial real estate prices fall by 40%
FTSE 100 closes lower after another day of unease on Brexit and trade
The UK's premier blue-chip index closed down around 12 points at 7,004
Marcus by Goldman Sachs signs up 100K UK customers since September launch
“We must be one of the fastest growing banks in the UK right now," according to Des McDaid, managing director of Marcus.
FTSE 100 can't hold onto gains and closes in red as Wall Street shares drag
The FTSE 250 fared much better though, adding almost 154 points on the day to close at 19,325
HSBC, Lloyds, RBS and Barclays tighten lending standards ahead of Brexit
Consumers are relatively cautious in their borrowing while lenders have become warier about advancing unsecured credit, according to EY Item Club's Howard Archer
HSBC quarterly profits boosted by tighter cost control and China expansion
“We are doing what we said we would - delivering growth from areas of strength, and investing in the business while keeping a strong grip on costs,” HSBC boss John Flint said
FTSE 100 closes with strong gains but Budget provides little impetus for enthusiasm
The FTSE 100 closed strongly as it joined a global rebound off last weeks volatility, however the latest Budget did little to help matters along
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UK Budget, BoE, US jobs data to sandwich flood of corporate updates from likes of BP and Shell
Aside from the oil majors, the slew of blue-chip updates due in the coming week will include global banks HSBC and Standard Chartered, and drugs firms GlaxoSmithKlne and Shire
FTSE 100 closes at session peak after strong rebound in tandem with US stocks
At the close, the UK blue chip index was 41.12 points higher at 7,004.10, the session peak, and well above the early low of 6,995.99
HSBC shares vulnerable to US-China trade war, says RBC as it downgrades the stock
RBC downgraded HSBC to an ‘underperform’ rating from ‘sector perform’ and lowered its target price to 730p from 560p.