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HSBC

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Italian police open money laundering investigation of broker linked to HSBC

23/03/2016(0)
An Italian financial broker who worked on behalf of HSBC in the Swiss town of Lugano is under investigation for possible money laundering in a probe linked to a ... Read More
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HSBC Going Solo in China Credit Cards Boosts Expansion Plan

10/03/2016(0)
Bank has ended card venture with Bocom, Asia head says HSBC would be just one of three foreign card issuers in China HSBC Holdings Plc winning approval to start ... Read More
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Asia markets mixed as traders digest central bank decisions, China data

10/03/2016(0)
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was ... Read More
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Brexit could wipe 20% off sterling: HSBC

25/02/2016(0)
Separating from the European Union could trigger a 20 percent drop in sterling and shave 1.5 percentage points off the British economy, HSBC has warned. The doom-laden report released Wednesday ... Read More
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HSBC Posts 4th-Quarter Loss and Comes Under S.E.C. Scrutiny

23/02/2016(0)
HSBC said on Monday that it lost money in the fourth quarter and warned that it was being investigated for hiring candidates with ties to government officials in the Asia-Pacific ... Read More
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HSBC keeps its headquarters in London in victory for UK capital

16/02/2016(0)
Banking giant HSBC is set to keep its headquarters in London, ending months of speculation that it could move abroad. The company’s 23-year stay in the capital will continue ... Read More
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Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging

16/02/2016(0)
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have ... Read More
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HSBC Sued Over Drug Cartel Murders After Laundering Probe

10/02/2016(0)
Civil action claims traffickers committed terrorist acts Bank accused of aiding and abetting Sinaloa, other cartels Families of U.S. citizens murdered by drug gangs in Mexico sued HSBC Holdings Plc, ... Read More
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HSBC fined $470m for ‘abusive mortgage practices’ during 2008 crisis

08/02/2016(0)
Settlement with US Department of Justice centres on allegations that bank ‘robo-signed’ thousands of foreclosure documents without reviewing paperwork HSBC has been fined $470m (£325m) for “abusive mortgage practices” in ... Read More
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HSBC to freeze salaries, hiring in 2016 in battle to cut costs

01/02/2016(0)
Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent ... Read More
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