Hongkong & Shanghai Banking Corporation

HSBC to set aside another £500 mn for penalties over money laundering

05 Nov 2012

Despite a £937-million fine for the embarrassing money laundering scandal it has been slapped with, HSBC's profit would peak in the third quarter by over 80 per cent to $5.4 billion

HSBC to stop Shariah-compliant products in UK

08 Oct 2012

HSBC to offer banking services at Post Office counters in UK

18 Sep 2012

India's private sector services at six-month high in August, revelas HSBC's PMI

05 Sep 2012

HSBC in settlement negotiations with US regulators: report

25 Aug 2012

RBI likely to approach UK’s FSA on charges against offshore units of HSBC, SCB

13 Aug 2012

HSBC sets aside $2 billion to cover costs of US and UK regulatory fines

30 Jul 2012

HSBC fined $27.5 million in Mexico over money laundering

26 Jul 2012

RBI to look into HSBC lapses revealed by US senate committee

19 Jul 2012

HSBC apologises; says it should have stronger controls

17 Jul 2012

HSBC exposed US, India to terror funds: US senate panel

17 Jul 2012

HSBC had, in 2009, authorised its affiliate to supply Indian rupees to Saudi Arabia's Al Rajhi Bank, which has links with terrorists, the report said

HSBC faces $1 bn US fine for inadequate anti-money laundering controls

13 Jul 2012

HSBC sells Irish insurance business to Catalina Holdings

09 Jul 2012

HSBC to sell entire stake in Axis Bank, Yes Bank for Rs2,448 crore

27 Jun 2012

HSBC to sell Greek stock broking business

08 Jun 2012

HSBC boosts turnaround revenue target to $2 bn

18 May 2012

HSBC Holdings Plc, Europe’s largest lender, has doubled its additional revenue target from the bank’s turnaround plan to $2 billion by improving efficiency, cutting costs, and targeting emerging markets

HSBC to sell Latin American operations to Banco GNB Sudameris for $400 mn

12 May 2012

HSBC in talks to sell Latin American operations

10 May 2012

HSBC to announce 2,000 job losses in UK today

26 Apr 2012

HSBC plans to slash 30,000 jobs globally by 2013 to save $3.5 billion in annual costs and exit countries and areas where it does not have a strong presence

HSBC in talks to sell South Korean and Pakistan operations

12 Apr 2012

HSBC in talks to sell Mauritius retail banking division

26 Mar 2012

For HSBC, Europe's biggest bank, the sale of its Mauritius retail banking arm is a continuation og its strategy to sell non-core assets to cut costs

HSBC takes 17-% hit on UK regulations: CEO Gulliver

05 Mar 2012

HSBC profits at $21.9 billion on strong Asia growth

27 Feb 2012

Europe's largest bank, HSBC Holdings, made a $21.9 billion profit last year, the largest among western banks, due to its Asian strength which allowed it cope with a euro zone debt crisis that has plunged many rivals into huge losses

HSBC to exit retail banking in Japan

23 Feb 2012

HSBC today said that it will withdraw out of retail banking in Japan and close its remaining services for individual customers, as it tries to control costs and refocus its sprawling business

HSBC to issue new shares to pay bonuses

22 Feb 2012

The pay deal has received approval of the Financial Services Authority, which sees this as a way for banks to bolster their capital base even as they continued to pay staff bonuses

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