Investors in Drax and challenger banks count cost of UK budget
Risers & Fallers budget special: featuring Drax, Aldermore, OneSavings Bank, Shawbrook, Virgin Money, Lloyds, Barclays, HSBC, RBS, Aviva, and all the housebuilders
Company
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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Risers & Fallers budget special: featuring Drax, Aldermore, OneSavings Bank, Shawbrook, Virgin Money, Lloyds, Barclays, HSBC, RBS, Aviva, and all the housebuilders
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Footsie was 29 points lower at 6,591 having clawed back ground on talk of a Greek compromise..
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The magnitude of the Fyffes’ upgrade is significant, Davy says
Fyffes is top banana, while there are upgrades for ASOS, Shell, and Alton Towers owner Merlin
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Imperial Tobacco is back on the radar of Credit Suisse with an ‘outperform’ rating.
The City says be overweight Ladbrokes, National Grid and be indifferent to HSBC
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FTSE 100 closed 1.13% higher, rebounding from recent lows, to finish at 6,830 as investors appeared to come back to equites again.
Investments and investor services
The Dow Jones, which is aiming to break a six day losing streak, was 134 points to the good at 17,898 while the Nasdaq put on 25 points and the S&P 500 gained 14.
London's blue chip stocks were higher at lunch, led higher by Sainsbury's and Standard Chartered.
Investments and investor services
London's blue chip stocks were higher at lunch, led higher by Sainsbury's and Standard Chartered.
In the UK, the FTSE 100 eked out a 2 point gain to 6,755
Investments and investor services
George Osborne’s annual Mansion House speech will command much of the attention today.
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Redundancies are in the air, or "redeployments" as the spin doctors prefer to call them.
The UK's blue-chip stocks nudged lower as HSBC announced it is slashing up to 25,000 jobs worldwide, with 8,000 job cuts expected in the UK.
Investments and investor services
The UK's blue-chip stocks nudged lower as HSBC announced it is slashing up to 25,000 jobs worldwide, with 8,000 job cuts expected in the UK.
HSBC to sell Turkish and Brazilian ops as part of shake-up
Investments and investor services
The companies expected to report tomorrow are: HSBC, OMG, Iomart group, CML Microsystems, Custodian Reit, Oxford Instruments, Picton Property Income.
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Britain's blue chips sank 91 points lower to finish firmly in the red on Thursday with banking titan HSBC in focus.