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HSBC

bank-of-england

Bank of England disarray in the face of financial crisis

07/01/2015(0)
The full extent of the Bank of England’s emergency action to prevent the collapse of the banking system is revealed on Wednesday as it releases previously secret documents detailing ... Read More
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HSBC sets aside head of European forex trading

11/12/2014(0)
HSBC has sacked its European currency trading chief in the wake of a huge $618m (£394m) fine for manipulating the £3.3trn a day foreign exchange market. The bank is ... Read More
bitcoin

Bitcoin Fund Manager Faces HSBC Account Closure

02/12/2014(0)
Global Advisors, a firm based in Jersey that manages the first regulated bitcoin fund, has been served notice by its bank, HSBC. The firm said it received a notice ... Read More
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Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit

28/11/2014(0)
Goldman Sachs Group Inc (GS.N), Germany’s BASF(BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first ... Read More
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HSBC says target of French tax fraud probe

24/11/2014(0)
HSBC Private Bank, the Swiss subsidiary of British banking group HSBC, said Friday (Nov 21) it had been placed under formal investigation as part of a French tax fraud ... Read More
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China October HSBC Services PMI Falls to 52.9, Three-Month Low

05/11/2014(0)
Growth in China’s services sector weakened further in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a gradual economic slowdown that could prod ... Read More
hsbc-canary-wharf

HSBC boss Alan Thomson quits and bankers mutiny over jail threat

08/10/2014(0)
Top bankers are quitting the industry in protest at new rules which mean senior staff in failed banks could face jail unless they prove themselves innocent, with one HSBC ... Read More
HSBC-Europe

HSBC settles a $550 Million lawsuit

15/09/2014(0)
HSBC has agreed to pay $550 million for a lawsuit filed in 2011 by the Federal Housing Finance Agency, the federal regulator that oversees the government’s two mortgage finance ... Read More
hsbc

HSBC reports pretax profit of $1 billion on MENA operations

05/08/2014(0)
HSBC has reported that its profit before tax for H1 2014 in the Middle East and North Africa is up nine per cent on both reported and constant currency ... Read More
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HSBC bank’s half-year profits fall by 12%

04/08/2014(0)
HSBC’s pre-tax profits fell by 12% in the first half of 2014 compared with the same period a year before. Profits were $12.34bn (£7.33bn), from $14.071bn twelve months earlier. ... Read More
Broker Cyprus TopFX