HSBC Holdings PLC (UK Reg)

HSBC Holdings is a financial services holding company. Through its subsidiaries, Co. operates four businesses: Retail Banking and Wealth Management, which serves customers through four businesses: Retail Banking, Wealth Management, Asset Management, and Insurance; Commercial Banking, which provides working capital, term loans, payment services, and international trade facilitation; Global Banking and Markets, which delivers a range of transaction banking, financing, advisory, capital markets, and risk management services; and Global Private Banking, which provides a range of private banking services. At Dec 31 2017, Co. had total assets of US$2.52 trillion and deposits of US$69.92 trillion.
  • TickerHSBA
  • ISINGB0005405286
  • ExchangeLondon Stock Exchange
  • SectorBanks
  • CountryUnited Kingdom

Analysts

Expert Corporate Governance Service (ECGS)

HSBC - AGM 1 april 2020

Item 1: Annual report and accounts The group reported results substantially below targets and the analysts' forecast. "One of the deepest restructuring and simplification programmes in HSBC history" announced. HSBC will cut 35,000 jobs (15%) over three years. Item 2: Remuneration report The salary of Noel Quin, new CEO, exceeds peer medians and will increase by 2.5%. The sum of the base salary and his fixed pay allowance is £2,97m (340% of FTSE100 median salary) and this remuneration is not subject to any performance condition. In 2019, HSBC did not achieve all its targets but the CEO's bon...

HSBC Holdings plc: Update post rating action

HSBC Holdings' credit profile reflects its strong capital, funding and liquidity positions, and its strong global franchises which mitigates its sizeable capital markets activities

Elisabeth Rudman ...
  • Tomasz Walkowicz

DBRS Morningstar: UK Banks’ 2019 Results Hit by Charges; 2020 Outlook Affected by COVID19 and Brexit

Please refer to PDF document for more detail about our research: DBRS Morningstar: UK Banks’ 2019 Results Hit by Charges; 2020 Outlook Affected by COVID19 and Brexit

Elisabeth Rudman ...
  • Tomasz Walkowicz

UK Banks’ 2019 Results Hit by Charges; 2020 Outlook Affected by COVID19 and Brexit

DBRS Morningstar has published a commentary discussing 2019 results of the major UK banking groups and the 2020 outlook. Key Highlights include: • The UK banks’ aggregate statutory profits weakened in 2019, driven by goodwill impairment and PPI charges. • Despite some normalisation in the cost of risk, banks' underlying financial performance was resilient. • In 2020 profits are likely to remain under pressure from the restructuring and low rates. • The outbreak of the coronavirus represents a significant risk to the 2020 outlook. “In 2020, profitability is likely to remain under pressure fr...

Elisabeth Rudman ...
  • Tomasz Walkowicz

DBRS Morningstar Confirms HSBC Holdings at AA (low), Trend Revised to Negative

Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms HSBC Holdings at AA (low), Trend Revised to Negative

Jérôme VINERIER

Analyse court terme - HSBC HOLDINGS : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 675,68 p prochainement. Le prochain objectif est à 596,50 p, puis 567,81 p. Le franchissement de 675,68 p remettrait en cause la suite de la baisse.

Jérôme VINERIER

Short term view - HSBC HOLDINGS : The background trend is clearly bearish.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 675.68 p. The next target is at 596.50 p, then 567.81 p. Passing 675.68 p would question the continuation of the fall.

Matthieu DRIOL

Short term view - HSBC HOLDINGS : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at 630.70 p. The next target is at 584.08 p, then 567.81 p. Passing 675.68 p would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - HSBC HOLDINGS : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 630,70 p prochainement. Le prochain objectif est à 584,08 p, puis 567,81 p. Le franchissement de 675,68 p remettrait en cause la suite de la baisse.

Matthieu DRIOL

Analyse moyen terme - HSBC HOLDINGS : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

HSBC Holdings: 1 director bought

A director at HSBC Holdings bought 6,000 shares at 59.050HKD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board...

Ibrahim Firdaus

HSBC Holdings plc

Ibrahim Firdaus

HSBC Holdings plc

Ibrahim Firdaus

HSBC Holdings plc

Ibrahim Firdaus

HSBC Holdings plc

Ibrahim Firdaus

HSBC Holdings plc

HSBC Holdings plc: Update post rating action

HSBC Holdings' credit profile reflects its strong capital, funding and liquidity positions, and its strong global franchises which mitigates its sizeable capital markets activities

Elisabeth Rudman ...
  • Tomasz Walkowicz

DBRS Morningstar: UK Banks’ 2019 Results Hit by Charges; 2020 Outlook Affected by COVID19 and Brexit

Please refer to PDF document for more detail about our research: DBRS Morningstar: UK Banks’ 2019 Results Hit by Charges; 2020 Outlook Affected by COVID19 and Brexit

Elisabeth Rudman ...
  • Tomasz Walkowicz

UK Banks’ 2019 Results Hit by Charges; 2020 Outlook Affected by COVID19 and Brexit

DBRS Morningstar has published a commentary discussing 2019 results of the major UK banking groups and the 2020 outlook. Key Highlights include: • The UK banks’ aggregate statutory profits weakened in 2019, driven by goodwill impairment and PPI charges. • Despite some normalisation in the cost of risk, banks' underlying financial performance was resilient. • In 2020 profits are likely to remain under pressure from the restructuring and low rates. • The outbreak of the coronavirus represents a significant risk to the 2020 outlook. “In 2020, profitability is likely to remain under pressure fr...

Elisabeth Rudman ...
  • Tomasz Walkowicz

DBRS Morningstar Confirms HSBC Holdings at AA (low), Trend Revised to Negative

Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms HSBC Holdings at AA (low), Trend Revised to Negative

HSBC Holdings plc: Successful restructuring of underperforming businesses would be credit positive

HSBC's new restructuring plan would be credit positive if successfully executed. However, the group is likely to produce subdued profits in 2020-21 and execution risk will be heightened.

UOB
Daisy Chen ...
  • Joyce Chan Pui Lai
  • Julia Cheung Pui Man
  • Lee Yuk Kei
  • Robin Yuen
  • Shaun Tan

Greater China Daily: Wednesday, March, 20, 2019

KEY HIGHLIGHTS CHINA Results Ausnutria Dairy Corporation (1717 HK/BUY/HK$9.97/Target: HK$12.00) 2018: Outlook for 2019 remains robust. China Display Optoelectronics Technology (334 HK/HOLD/HK$1.02/Target: HK$1.12) 2018: Results above expectations on new customer win. China Jinmao Holdings (817 HK/BUY/HK$4.48/Target: HK$5.30) 2018: In line with expectations; “City Operator” model to take flight. TRADERS’ CORNER Swire Properties (1972 HK): Trading Buy Range HSBC (5 HK): Trading Buy Range

James Ratzer

Global TMT: US Towers, VOD, Tencent

Global TMT: US Towers, VOD, Tencent.

HSBC HOLDINGS PLC. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of HSBC HOLDINGS PLC. (GB), a company active in the Money Center Banks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date December 17, 2019, the closing price was GBp 593.60 and its potential was estimated at GBp 630.28.

Ibrahim Firdaus

HSBC Holdings plc

Salikin Siti

HSBC Holdings plc

With a more favourable environment, HSBC HOLDINGS PLC. improves to Slightly Positive

HSBC HOLDINGS PLC. (HK), a company active in the Money Center Banks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 1, 2019, the closing price was HKD 60.40 and its potential was estimated at HKD 65.12.

Ibrahim Firdaus
Expert Corporate Governance Service (ECGS)

HSBC - AGM 1 april 2020

Item 1: Annual report and accounts The group reported results substantially below targets and the analysts' forecast. "One of the deepest restructuring and simplification programmes in HSBC history" announced. HSBC will cut 35,000 jobs (15%) over three years. Item 2: Remuneration report The salary of Noel Quin, new CEO, exceeds peer medians and will increase by 2.5%. The sum of the base salary and his fixed pay allowance is £2,97m (340% of FTSE100 median salary) and this remuneration is not subject to any performance condition. In 2019, HSBC did not achieve all its targets but the CEO's bon...

Expert Corporate Governance Service (ECGS)

HSBC April 12th, 2019

Item 3: Approve the Remuneration Policy There are serious ongoing concerns with the policy.  First, the company's use of a fixed share award appears to have been implemented in order to circumvent the bonus cap imposed upon the banking industry as introduced in 2014 by the CRD IV directive and serves to substantially increase fixed pay.  Additionally, the company sets and discloses bonus targets retroactively, which means that the bonus does not serve to incentivize performance.   Item 7: Approve political donations. The authority requested is twice common market practice and exceeds ECGS g...

HSBC – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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