Home
> HSBC
HSBC
Drug money laundering: HSBC sued by families of US citizens murdered by Mexican cartels
Family members of those killed by drug cartels to sue bank under the US Anti-Terrorism Act.
HSBC board expected to decide against HQ move with vote due this week
HSBC's decision on the move is expected to come well ahead of its full-year reports out on 22 February.
HSBC fined $470m in relation to its mortgage practices during the 2007-2009 American housing crisis
The settlement is similar to the 2012 agreement that officials reached with JPMorgan and Bank of America.
HSBC to freeze salaries and hiring globally in 2016
Other banks such as Barclays too have been on a cost cutting drive in recent years.
Biggest British multinationals paid little or no UK corporation tax in 2014
A Sunday Times investigation found that the likes of the likes of Shell, Lloyds and Vodafone paid no taxes.
HSBC online banking down: Company's systems knocked offline by cyberattack
HSBC customers were unable to log into their accounts, view balances or transfer money on 29 January
World Bank and Credit Suisse slash oil price forecast for 2016
HSBC too recently cut its crude oil price forecast for the next three years, over a prolonged supply glut.
HSBC's proposed move to Hong Kong might not cut bank's tax bill
Lack of tax deduction for share bonuses and overhead costs booked in the UK expected to offset lower tax rate.
R3 connects 11 banks to distributed ledger using Ethereum and Microsoft Azure
R3 announced first distributed ledger experiment using Ethereum and Microsoft Azure's Blockchain as a service.
Bank of England embroiled in FCA decision to drop review of UK banking culture
BoE executive Megan Butler oversaw FCA decision to drop banking probes, despite denials from City regulator.
FCA acting CEO Tracey McDermott withdraws from race for permanent job as watchdog boss
McDermott took over from Martin Wheatley who announced his resignation in July 2015.
Santander UK launches new investment division
Santander UK will offer investment advice to customers two years after shutting down its investment division
HSBC scandal: Bank escapes formal action from Financial Conduct Authority
FCA was examining HSBC with regards to its Swiss tax scandal of about a year ago.
HSBC snaps ties with Islamic Relief over 'terror' fears
The charity expressed surprise at the decision but said other partners were helping it maintain supplies.
UK banking regulator FCA drops major finance industry culture inquiry in favour of misconduct investigation
Politicians have criticised the Financial Conduct Authority's decision to prematurely drop the inquiry.
Bank stress test: RBS and Standard Chartered shamed by BoE as weakest UK finance institutions
HSBC, Barclays, Lloyds, Nationwide and Santander cleared the BoE stress test.
HSBC whistleblower Herve Falciani gets 5-year jail sentence
Falciani who is currently residing in France is unlikely to serve the sentence
Former London Citigroup forex trader sacked over 'confidence breach' wins case against bank
Fired in November 2014, forex trader Perry Stimpson had worked at the bank for 25 years.
HSBC cost-cutting sees 32% profit hike as it stays 'resilient' to China stock falls
HSBC has reported pre-tax profits of $6.1bn (£3.9bn) for the third quarter.
Banking crisis: Barclays, HSBC and RBS fined $924m by US court for forex-rigging
US federal court also fines BNP Paribas and Goldman Sachs for forex-rigging
Switching bank accounts to be made easier by competition watchdog CMA
UK customers could save £70 a year by changing who they bank with.
City of London gets boost after China's central bank launches first yuan-denominated bonds
The yuan bonds issue is the first-ever to take place outside of China and Hong Kong.
China slowdown is over-hyped says HSBC chief
According to analysts at Citigroup, HSBC has risk-weighted assets of about $290bn across the globe.
Ex MI5 chief Lord Evans: Banks should use dark web to outsmart Dridex hackers
Dridex malware that stole millions from UK bank customers most likely emerged from dark web.
Andrew Tyrie urges PRA to consider fate of challenger banks in tax surcharge plans
The Tory MP asked the PRA ensure that the new banking surcharge will not hurt competition in the industry.
HSBC is our share tip of the week - 5 reasons to invest
Edmund Shing explains why HSBC is the most attractive investment of Britain's big four banks.
Edmund Shing: Time to invest in Barclays, Lloyds and HSBC as PPI woes batter UK banks?
UK banks have been pretty bad boys, caught out for a succession of Payment Protection Insurance scandals.
Argentina orders HSBC to replace country head amid money laundering row
Argentina's tax agency AFIP accuses the bank of moving $3.5bn out of the country.
Barclays cites bitcoin's potential in rolling out cryptocurrency
Barclays has been researching bitcoin and the cryptocurrency's blockchain technology in London.
HSBC processes '99%' of delayed salary payments
275,000 payments were held up by an IT glitch, leaving many without cash ahead of the bank holiday weekend.