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Sunday, March 3, 2013

Market Chatter-Corporate finance press digest, (NYSE: HBC)

The following corporate finance-related stories were reported by media over the weekend and on Monday: * HSBC Holdings Plc and Standard Chartered Plc will report a reduction in their bonus pools, reflecting separate settlements with U.S. authorities over probes into money laundering and sanctions violations, Sky News reported on Sunday.* European executive pay has come under attack for the second time in less than a week after Swiss voters overwhelmingly backed curbs on corporate wages that snatch the power away from company boards, the Financial Times reported.

HSBC Holdings plc is a banking and financial services organization. Shares of HBC fell by 1.1% or $-0.61/share to $54.83. In the past year, the shares have traded as low as $38.56 and as high as $57.37. On average, 1429130 shares of HBC exchange hands on a given day and today's volume is recorded at 1447640.