HSBC Holdings PLC HSBA

Latest Morningstar Commentary
Date	Author	Headline
22/05/2013	Holly Cook	What To Do When the Government Sells Lloyds and RBS? VIDEO: Morningstar's Erin Davis discusses what's in store for investors when the UK government unwinds its banking sector stakes
17/05/2013	Rodney Hobson	GDP Growth at Last, Risking AIM Stocks and Thomas Cook It THE WEEK: Morningstar columnist Rodney Hobson discusses Mervyn King's latest forecasts for the UK economy, seeking growth and income from AIM stocks and the turnaround at Thomas Cook Group
02/05/2013	Todd Wenning	Premium Insights into the UK's Safest Dividend Payers PREMIUM EXCLUSIVE: Morningstar analysts explain why these 12 companies have the safest dividends in the UK
02/05/2013	Todd Wenning	The 12 Safest Dividends in the UK? Morningstar analysts dig the data to try to find the most stable dividend-payers on the UK market

Latest Company News

Date	Time	Source	Headline	Type
Previous Stories...
18/06/2013	17:18	DJ	PRESS RELEASE: Fitch Assigns UNITE (USAF) II PLC Final Ratings	OUT
18/06/2013	16:37	DJ	PRESS RELEASE: S&P Rates UNITE (USAF) II's U.K. CMBS Notes	OUT
18/06/2013	15:59	DJ	DJ Germany to Meet Investors on Debut Joint State-Federal Bond	OUT
18/06/2013	13:15	DJ	DJ HKMA: Widened Probe Into Hibor Manipulation to Include HSBC, Other Banks	OUT
18/06/2013	09:00	DJ	DJ ANALYST RATINGS CHANGES AS OF 0700 GMT	OUT
18/06/2013	08:13	DJ	DJ ANALYST RATINGS CHANGES AS OF 0700 GMT	OUT
17/06/2013	20:19	DJ	DJ Moody's Assigns A Aaa.Ar Debt Rating To Hsbc Bank Argentina S.A.	OUT
17/06/2013	17:31	DJ	PRESS RELEASE: Fitch Affirms Turquoise Trust Series	OUT
17/06/2013	17:17	DJ	DJ Moody's Confirms Rating Of Class A Adriatico Finance Sme Italian Sme Abs Note	OUT
17/06/2013	14:11	DJ	PRESS RELEASE: S&P Afrms, Wthdrws HSBC Bank Kazakhstan 'BBB/A-2, 'kzAA+' Rtgs	OUT
17/06/2013	09:30	RNS	HSBC Holdings PLC - HSBC Bank Malaysia Berhad 1Q 2013 Results	MSC
17/06/2013	04:50	DJ	PRESS RELEASE: Fitch Affirms HSBC Amanah Takaful at 'A-'; Withdraws Rating	OUT
14/06/2013	12:17	DJ	DJ HSBC Cuts Platinum Price Outlook, but Sees Record Deficit in '13	COM
13/06/2013	11:36	DJ	PRESS RELEASE: Fitch Affirms HSBC Bank Middle East at 'AA-'; Outlook Stable	OUT
11/06/2013	22:17	DJ	DJ Moody's Abcp Rating Actions Ending June 10, 2013	OUT
10/06/2013	19:20	DJ	PRESS RELEASE: Fitch Affirms 11 Saudi Arabian Banks; Revises 3 Banks' Outlooks to Negative	OUT
10/06/2013	08:10	DJ	DJ Abu Dhabi's Al Noor Hospitals Sets London IPO Price Guidance	NEW
10/06/2013	08:00	DJ	DJ MARKET COMMENT: HSI Up 0.2%; Banks Rise, Property Slumps	OUT
07/06/2013	22:04	DJ	PRESS RELEASE: S&P Revises Outlooks To Neg On 11 Brazilian Fin Srvcs Cos	OUT
07/06/2013	03:32	DJ	DJ MARKET COMMENT: HSI Off 0.5% In Morning Trade; Financials Lead Decliners	OUT

Regulatory News Abstract
Date	Type	Story
31/05/2013	Non-Exec Director Change	Jonathan Evans appointed Sir Jonathan Evans will be appointed to the board as non-executive director with effect from 06 August 2013
31/05/2013	Business Event	Statement on Bank Ekonomi The company advises that the strategic options with respect to its 98.9% shareholding in PT Bank Ekonomi Raharja Tbk are being reviewed. This announcement follows enquiries from the Indonesia Stock Exchange to Bank Ekonomi.
24/05/2013	Business Event	Result of AGM At the company's AGM held on 24 May 2013, all resolutions including, special resolutions to empower the directors to disapply of pre-emption rights and to call General Meeting other than AGM, on not less than 14 clear days' notice, were duly passed
20/05/2013	Non-Exec Director Change	John Thornton leaves board John Thornton, non-executive director, will retire from the board with effect from AGM 2013
14/05/2013	Business Event	Operations review on HSBC Private Bank The company announces that its wholly owned subsidiary, HSBC Private Banking Holdings (Suisse) SA confirms that it is conducting a review of its operations in Monaco, HSBC Private Bank (Monaco) SA , as part of the company's continuing strategic five-filter review.
11/04/2013	Disposal	Disposal of general insurance business in Macau The company's wholly owned subsidiary HSBC Insurance (Asia) Ltd has entered into an agreement to dispose of its general insurance business in Macau to QBE Insurance (International) Ltd. The gross asset value of this business was approximately HK$6.97m at 31 December 2012. The Hongkong and Shanghai Banking Corporation Ltd, an indirect wholly owned subsidiary of the company, has also entered into a non-exclusive agreement with QBE to distribute their general insurance products to the Bank's customers in Macau. The disposal of the Macau general insurance business is subject to regulatory approval and is expected to complete in the first half of 2013.
04/04/2013	Disposal	Disposal of Quantitative Techniques The company's wholly-owned subsidiary, HSBC Bank PLC, has entered into an agreement to dispose of its market indices and data cleansing provider, Quantitative Techniques, to Euromoney Trading Ltd. Under the terms of the Transaction, HSBC Bank PLC has committed to retain the services of Quantitative Techniques for a period of three years from the completion date. The Transaction is expected to complete by the end of 2013
03/04/2013	Disposal	Sale of insurance businesses in Singapore The company's wholly-owned subsidiary HSBC Insurance (Singapore) Pte Ltd has entered into an agreement to sell its group term life insurance and group medical insurance portfolios in Singapore to AXA Life Insurance Singapore Private Ltd. The gross asset value of these portfolios was approximately S$23.5m at 31 December 2012. The transaction is subject to regulatory approval and is expected to complete within this year
03/04/2013	Business Event	Notice of AGM At the company's AGM to be held on 24 May 2013, special resolutions to empower the directors to disapply of pre-emption rights and to call General Meeting other than AGM, on not less than 14 clear days' notice, will be proposed
18/03/2013	Disposal	HSBC Retail to sell credit card portfolio The company's wholly-owned subsidiary, HSBC Retail Services Ltd., has entered into an agreement to sell its consumer Private Label Credit Card Portfolio to TD Financing Services Inc. The gross value of the portfolio was approx. C$495m at 28 February 2013. The sale, which is subject to regulatory approval, is expected to be completed in Q3 2013
14/03/2013	Acquisition	Portfolio transfer arrangement The company announces that HSBC Life Assurance Malta Ltd, a subsidiary of the company, has agreed to enter into a Portfolio Transfer Agreement with HSBC Life Europe Ltd for the acquisition of HLE's insurance policy book for nil consideration. The transaction is expected to complete in the fourth quarter of 2013 subject to regulatory approvals.
05/03/2013	Disposal	Signs agreement to sell loan portfolios The company has entered into an agreement to sell its Personal Unsecured Loan and Personal Homeowner Loan portfolios to SpringCastle Acquisition LLC. The portfolios sale transaction is scheduled for completion in Q2 of 2013 and is subject to customary closing conditions. The company has also entered into an agreement to sell its loan servicing facility and related assets in London, Kentucky to Springleaf Finance, Inc. Completion of the sale of the building and assets, which is subject to customary closing conditions, is expected in Q4 of 2013.
04/03/2013	Adviser Change	Appointment of Registrar Computershare Investor Services Ltd (Hong Kong) has been appointed as Registrar to the company
04/03/2013	Trading Statement	no outlook statement no outlook statement
01/03/2013	Business Event	Sells secured loan portfolio The company announces that a portfolio of secured loans has been sold by HFC Bank Ltd and its subsidiaries to Sancopia Portfolios - A S.a r.l. under an agreement entered into between HFC Bank Ltd and HSBC Bank PLC, wholly-owned subsidiaries of the company, and Sancopia Portfolios. The portfolio had a gross asset value of £383m as of 31 December 2012
19/02/2013	Disposal	Sell of HSBC Bank Panama to Bancolombia The company has entered into an agreement to sell HSBC Bank S.A. to Bancolombia S.A. for a total consideration of US$2.10bn in cash, based upon estimated NAV at completion of US$700m. The transaction is subject to regulatory approvals and other conditions and is expected to complete by the third quarter of 2013
01/02/2013	Disposal	Approval received to transfer shareholding The company announces that 257m shares were transferred by HSBC Insurance to purchasers on 7 December 2012. The aggregate consideration for the Tranche 1 Shares was HK$15,145m. Regulatory approval from China Insurance Regulatory Commission to transfer remaining 976m shares by HSBC Insurance and HSBC Asia Pacific to purchasers was received on 1 February 2013. The consideration for the Tranche 2 Shares of HK$57,591m has been paid by purchasers in cash. Completion of the transfer of the Tranche 2 shares is expected to take place on 6 February 2013
30/01/2013	Non-Exec Director Change	James Comey appointed James Comey will be appointed to the board as non-executive director with effect from 4 March 2013
28/01/2013	Disposal	Agreement to sell HSBC Assurances IARD The company's wholly owned subsidiary, HSBC Bank PLC has entered into a sale and purchase agreement to sell its French subsidiary, HSBC Assurances IARD, to AIG for a consideration of up to approximately US$14.5m, subject to adjustment based upon the NAV at 31 December 2012 and including a deferred payment of up to US$1.20m based upon written premiums in 2013. The agreement is expected to complete in the first half of 2013
28/01/2013	Business Event	Enters 10-year bancassurance agreements with AIG The company's wholly-owned subsidiary, HSBC Bank PLC has entered into a 10-year bancassurance agreement with AIG Europe Ltd to distribute AIG non-life insurance products to customers in Turkey, France, and other countries in Continental Europe. The arrangements for distribution of products in Turkey and France will be on an exclusive basis and are conditional upon country-specific distribution agreements being entered into in respect of Turkey and France between HSBC Group companies and AIG Group companies. Total consideration of approximately US$55.0m in cash will be paid under the AIG Agreement by AIG Group companies to HSBC Group companies
28/01/2013	Business Event	Signs 10-year bancassurance agreement with Allianz SE The company's wholly owned subsidiary, HSBC Bank PLC has entered into a 10-year bancassurance agreement with Allianz SE to distribute Allianz life insurance and pension products to customers in Turkey and other countries in Continental Europe. HSBC Bank A.S. Turkey will enter into a country-specific agreement in Turkey under which consideration of US$30.0m in cash will be paid by Allianz Group companies to HSBC Bank A.S. Turkey and is conditional upon country-specific distribution agreements being entered into in respect of Turkey and France between HSBC Group companies and AIG Group
23/01/2013	Disposal	Sale of HSBC (Hellas) Mutual Funds Management SA The company has entered into an agreement to sell its 73.0% shareholding in HSBC (HELLAS) Mutual Funds Management SA, its mutual fund business in Greece, to Mr. John Vezanis. The transaction is subject to certain conditions including regulatory and other approvals, and is expected to complete in the first quarter of 2013
10/01/2013	Business Event	Statement regarding press comment The company notes the recent publication of several press articles regarding the proposed sale of its shareholding in Ping An Insurance Company of China, Ltd. to indirect wholly-owned subsidiaries of Charoen Pokphand Group Company Ltd. The company confirms that it is not aware of any information which must be announced to avoid a false market in company's securities or of any inside information that needs to be disclosed under Part XIVA of the securities and futures ordinance

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