HSBC may cut up to 14,000 more jobs
HSBC says it may cut an additional 14,000 jobs globally as part of its three-year restructuring plan to reduce costs.
View ArticleHSBC set to be sued by New York
UK bank HSBC is set to be sued by the state of New York which alleges it has ignored a US law designed to protect homeowners from losing their houses.
View ArticleHSBC profits boosted by cost cuts
HSBC has reported a 9% rise in profit for last year, boosted by cost cuts as it restructured the business.
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Creamer wins HSBC Women’s title
SINGAPORE: America’s Paula Creamer produced a miraculous 75-foot eagle putt on the second play-off hole to win the .4 million HSBC Women’s Champions in dramatic fashion on Sunday. Creamer rolled the...
View ArticleHSBC closes some Muslims’ accounts
HSBC bank writes to Finsbury Park Mosque and other Muslim individuals and organisations around the UK giving them notice their accounts will be closed.
View ArticleHSBC half-yearly profits fall by 12%
HSBC profits fall by 12% in the first half of the year, as the bank says it paid out 4m to cover the cost of “customer redress”.
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Banking services: SBP sanctions Meezan’s acquisition of HSBC
KARACHI: The State Bank of Pakistan (SBP) has sanctioned the scheme of amalgamation of HSBC Bank Middle East-Pakistan with and into Meezan Bank, according to a notice sent to the Karachi Stock...
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Bank mergers: Meezan Bank acquires HSBC
KARACHI: Pakistani branch operations of HSBC Bank Middle East have now merged with and into Meezan Bank, a notice on the Karachi Stock Exchange said on Monday. Subsequently, all customers of HSBC...
View ArticleHSBC reserves $378m in currency probe
HSBC has set aside 8m (£237m) to cover potential costs from investigations into currency trading.
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Foreign exchange market rigging: HSBC takes $378m charge over allegations
HSBC bank on Monday took a 8 million charge linked to allegations of foreign exchange market rigging, and posted mixed earnings for the third quarter. The Asia-focused lender added in a results...
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