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HSBA Hsbc Holdings Plc

681.20
1.30 (0.19%)
Last Updated: 15:49:40
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hsbc Holdings Plc LSE:HSBA London Ordinary Share GB0005405286 ORD $0.50 (UK REG)
  Price Change % Change Share Price Shares Traded Last Trade
  1.30 0.19% 681.20 5,708,848 15:49:40
Bid Price Offer Price High Price Low Price Open Price
681.20 681.30 686.50 679.40 681.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-bank Holding Company USD 65.91B USD 23.53B USD 1.2871 24.81 124.32B
Last Trade Time Trade Type Trade Size Trade Price Currency
15:49:13 O 3,015 681.15 GBX

Hsbc (HSBA) Latest News

Hsbc (HSBA) Discussions and Chat

Hsbc (HSBA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:49:46681.251,3979,517.06O
14:49:44681.213,86326,315.18O
14:49:14681.153,01520,536.67O
14:49:08681.20640.87AT
14:49:08681.2095647.14AT

Hsbc (HSBA) Top Chat Posts

Top Posts
Posted at 24/10/2024 09:20 by Hsbc Daily Update
Hsbc Holdings Plc is listed in the Offices-bank Holding Company sector of the London Stock Exchange with ticker HSBA. The last closing price for Hsbc was 679.90p.
Hsbc currently has 18,284,423,967 shares in issue. The market capitalisation of Hsbc is £583,821,657,266.
Hsbc has a price to earnings ratio (PE ratio) of 24.81.
This morning HSBA shares opened at 681.80p
Posted at 24/10/2024 01:01 by action
HSBA East And HSBA West may be listed separately but will it unlock value? Anyone?
Posted at 22/10/2024 07:41 by grupo guitarlumber
HSBC Holdings PLC HSBC announces simplified organisational structure
22/10/2024 7:00am
RNS Regulatory News

RNS Number : 0971J
HSBC Holdings PLC
22 October 2024


22 October 2024

HSBC HOLDINGS PLC


SIMPLIFIED ORGANISATIONAL STRUCTURE TO ACCELERATE STRATEGIC EXECUTION



HSBC Holdings plc (the 'Company') today announces that it is simplifying its organisational structure into four businesses to accelerate delivery against its strategic priorities.



HSBC Group Chief Executive Officer, Georges Elhedery, commented:



"The changes that we are announcing today will make it easier for our colleagues to serve our customers and drive the future success of the Group. The new structure will result in a simpler, more dynamic, and agile organisation as we focus on executing against our strategic priorities, which remain unchanged.



"I am excited about the opportunities ahead of us and firmly believe that this structure sets us up to deliver the next phase of growth. Our home markets of the UK and Hong Kong, together with our corporate and institutional banking as well as our wealth and Premier banking businesses, are the core strengths of HSBC.



"By making these changes, we can better focus on increasing leadership and market share in those businesses which have clear competitive advantage and the greatest opportunities to grow. This is how we will fast forward our plans to execute our strategy, unleash the full potential of the bank and ensure our talented colleagues can thrive, and deliver best in class products and service excellence, for our customers. When our customers succeed, so do we."



From 1 January 2025, the Company will operate through four businesses with clear lines of responsibility:



1. Hong Kong

2. UK

3. Corporate and Institutional Banking

4. International Wealth and Premier Banking



The changes will reduce the duplication of processes and decision making that are built into the current structure and will result in greater alignment and agility in serving our customers. The Group's functions will be realigned to support the four new businesses.



HONG KONG

Being the market leader in our home market of Hong Kong is one of our clear strengths as a business and remains a top strategic priority. The new "Hong Kong Business" will comprise "Personal Banking" and "Commercial Banking" under the business oversight of David Liao and Surendra Rosha at the Group Operating Committee, for both HSBC as well as Hang Seng Bank.



UK

Our UK ring-fenced bank has a leading market position in our home market of the UK and will continue to be a critical pillar of our strategy. The new "UK Business" will comprise UK "Personal Banking" (including First Direct and M&S Bank) and UK "Commercial Banking," including Innovation Banking under the sole business oversight of Ian Stuart.



CORPORATE AND INSTITUTIONAL BANKING

We are a market leader in global wholesale banking, especially in cross-border Transaction Banking, and in Capital Markets, underpinned by a strong balance sheet with an enviable deposit franchise. HSBC's global network remains a key differentiator of our business, with our presence in more than 50 markets.



We are creating a new Corporate and Institutional Banking business through the integration of our Commercial Banking business (outside the UK and Hong Kong) with our Global Banking and Markets business and with the geographic region of the Western Markets (comprising our UK non ring-fenced bank, Europe, and the Americas), which is a predominantly wholesale banking region.



Michael Roberts will lead Corporate and Institutional Banking and Western Markets.



INTERNATIONAL WEALTH AND PREMIER BANKING

One of our greatest strategic growth opportunities is in international wealth - particularly in Asia and the Middle East, capitalising on our established brand and heritage.



Our new International Wealth and Premier Banking business will bring together our Premier banking focussed businesses outside of Hong Kong and the UK, our Global Private Bank, and our wealth manufacturing businesses, Asset Management and Insurance.



Barry O'Byrne will lead International Wealth and Premier Banking.



GEOGRAPHIC GOVERNANCE CHANGES

As part of our new Group organisational structure, we are simplifying our geographic set up.



The "Eastern Markets" will bring together the Asia-Pacific region (APAC) and the Middle East region (MENAT) and will be overseen by David Liao and Surendra Rosha.



The "Western Markets" will comprise the non-ring-fenced bank in the UK, our Continental European business and the Americas and will be overseen by Michael Roberts.



NEW GROUP OPERATING COMMITTEE

In line with the more simplified structure, the Group Executive Committee of 18 members will be replaced by a new Group Operating Committee comprised of 12 members. The Group OpCo will serve as the leading decision-making executive committee of the firm.



These changes will be effective from 1 January 2025.



Further details will be announced alongside the 2024 Full Year results.



For and on behalf of

HSBC Holdings plc

Aileen Taylor

Company Secretary



HSBC Holdings plc

Registered Office and Group Head Office:

8 Canada Square, London E14 5HQ, United Kingdom

Web: www.hsbc.com

Incorporated in England with limited liability. Registered in England: number 617987



Note to editors:



Board of Directors

The Board of Directors of HSBC Holdings plc as at the date of this announcement comprises:



Sir Mark Edward Tucker*, Georges Bahjat Elhedery, Geraldine Joyce Buckingham†, Rachel Duan†, Dame Carolyn Julie Fairbairn†, James Anthony Forese†, Ann Frances Godbehere†, Steven Craig Guggenheimer†, Dr José Antonio Meade Kuribreña†, Kalpana Jaisingh Morparia†, Eileen K Murray†, Brendan Robert Nelson† and Swee Lian Teo†.

* Non-executive Group Chairman

† Independent non-executive Director



HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$2,975bn at 30 June 2024, HSBC is one of the world's largest banking and financial services organisations.



Media enquiries to:

Heidi Ashley +44 (0) 7920 254057 heidi.ashley@hsbc.com


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END


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Posted at 14/10/2024 23:11 by action
If China stimulus comes in drips... HSBA will be higher ie 700p+++ b4 dec24
Posted at 26/9/2024 14:06 by anhar
I wasn't criticising the share, just that review. Happy to hold as it has been in my diversified port for many years. I invest only for income and recently increased my holding from a partial sale of much lower yielding BA. to much higher yielding HSBA, which will boost my income.
Posted at 26/9/2024 11:02 by anhar
I dislike that habit of some analysts of adding buybacks to divis and showing the resulting "yield" as an ultra high figure, thereby giving an utterly misleading view of a share to the naive.

Yield is based on divis as a percentage of the share price and that's all there is to it. Clear, simple, factual in stating what the investor will receive in cash.

Views are divided on the merits of BBs but whatever your opinion, they are not part of "yield".
Posted at 16/8/2024 10:05 by anhar
Spud is correct. There is no correlation between buybacks and a rising share price though you often see the view round these boards that there is some connection. Consequently I think it is misleading for PIs to welcome BBs if their reason is an expected price rise.

There may be other benefits of BBs, though personally I'm dead against them in most cases, but a rising price aint one of them.
Posted at 15/8/2024 22:36 by jusjusjus
Also lost track of how many £bn's have been spent on share buybacks and share price still stagnates!
Posted at 17/5/2024 11:15 by martyre
Looks like Bloomberg got this information unofficially.Ping can not be happy as if they are trying to offload an 8% stake in HSBC,the last thing they want is for the share price to fall.As their stake is not a forced sale, the share price should recover as the fall was more of a panic reaction.
Posted at 02/4/2024 10:31 by wad collector
Really ? You have already claimed to have sold here 8 times and moved to3 other companies you are ramping

Blackhorse23 - 02 Apr 2024 - 09:40:05 - 11777 of 11778 HSBC - Buoyant - HSBA
Out with profit & reinvesting in APH
Blackhorse23 - 18 Mar 2024 - 09:11:33 - 11719 of 11778 HSBC - Buoyant - HSBA
Money moving to METRO BANK
Blackhorse23 - 12 Mar 2024 - 13:33:54 - 11708 of 11778 HSBC - Buoyant - HSBA
Profit moving to MTRO
Blackhorse23 - 01 Mar 2024 - 08:33:23 - 11673 of 11778 HSBC - Buoyant - HSBA
hxxps://www.sharewise.com/us/news_articles/Appointment_of_Chief_Financial_Officer_Metro_Bank_eqsen_20240229_1000
Blackhorse23 - 01 Nov 2023 - 11:08:17 - 11556 of 11778 HSBC - Buoyant - HSBA
Switched to WJG , better value
Blackhorse23 - 30 Oct 2023 - 09:23:02 - 11548 of 11778 HSBC - Buoyant - HSBA
Out with profit & investing WJG
Blackhorse23 - 26 Oct 2023 - 14:03:47 - 11527 of 11778 HSBC - Buoyant - HSBA
Out now & bought WJG
Blackhorse23 - 01 Aug 2023 - 08:58:57 - 11467 of 11778 HSBC - Buoyant - HSBA
Switched to LLOY , better value
Blackhorse23 - 09 May 2023 - 15:18:45 - 11417 of 11778 HSBC - Buoyant - HSBA
Switched to 888 holdings
Posted at 21/2/2024 14:21 by hutchmeister
Record profits of $30 billion compared to $17 year ago. Buybacks of $9 billion over the last year alongside an almost doubling of dividends payouts. As I type the share price is £5.90 yet a year ago the share price was higher at £6.09. Whilst Q4 was impacted by an impairment is this an over reaction to the results today?
Hsbc share price data is direct from the London Stock Exchange