FTSE 100 news / Companies and sectors / HSBC / 17 October 2026
HSBC (HSBA): news on Saturday 17 October 2026
−0.8 neutral
Coverage was split: reports of a possible bank tax in the budget pushed UK bank shares down, which weighed on HSBC. Offsetting this were a restarted buyback and dividend, supportive price targets, and Middle East wealth appointments.
What drove it
- bank tax fears
- buyback and dividend
- Middle East wealth hires
The 17 stories
- −8.3 Bank shares fall as tax on lenders expected in budget
Bank shares fall on expected budget tax on lenders. - −8.3 UK bank shares fall on report of potential tax hike in Oct. 28 budget
UK bank shares fall on potential tax hike report. - +6.7 HSBC stock target rises to GBp 1579.46, 11.13 percent above price - ad-hoc-news.de
Price target implies upside for HSBC shares. - −6.7 British Shares Hold Gains; Healey Reportedly Weighs Bank Tax Changes
Possible bank tax changes weigh on UK banks. - +5.8 FTSE 100 HSBC (LSE:HSBA): Restarted Buyback and Dividend
Restarted buyback and dividend support shareholders. - +5.8 DBS maintains HKD 167.40 target for HSBC stock - ad-hoc-news.de
DBS keeps a target well above price. - +5.0 HSBC has used over half of $1-billion startup fund within a year: Global innovation banking head David Sab
Startup fund heavily used, shows innovation banking activity. - +4.2 HSBC India Commits INR 200 Crore to Massive Financial Literacy and Fraud Prevention Initiative
India commitment to financial literacy and fraud prevention. - +3.3 NatWest, Nationwide and HSBC UK join CFIT Financial Inclusion Coalition
HSBC UK joins financial inclusion coalition. - +3.3 Eight-figure HSBC deal fuels Redditch pharmacy group’s Welsh expansion
HSBC funds deal for pharmacy group expansion. - +3.3 HSBC backs DP World India Championship as Premium Partner
Sponsorship as premium partner of golf event. - −2.5 Senior HSBC digital assets executive to exit role
Senior digital assets executive leaving. - +2.5 HSBC appoints new Head of International Wealth, UAE
Wealth leadership appointment in UAE. - +2.5 HSBC Appoints Sami Abouzahr As Head Of International Wealth And Premier Banking, UAE And Middle East
Wealth head appointment for UAE and Middle East. - +2.0 HSBC relocates Hong Kong wealth veteran to lead UAE and ME business
Veteran relocated to lead Middle East business. - −1.7 New bank update after HSBC and NatWest changes this week
Customer-facing changes at HSBC, tone mildly negative. - −1.7 iPhone Duo pre-orders hit by credit card fraud: HSBC says duplicate charges will be cancelled
HSBC cancelling duplicate charges after fraud; minor customer issue, handled.
HSBC: every day · Banks on 17 October 2026 · FTSE 100 overview for the day