Hongkong & Shanghai Banking Corporation
HSBC whistleblower Falciani sentenced to 5 years’ jail
28 Nov 2015
Falciani, who leaked details of bank account holders in the Geneva branch of HSBC, which subsequently also reached India, has been charged with industrial espionage
HSBC to wind up private banking unit in India
27 Nov 2015
The rising number of millionaires in the country simply did not translate into profits for HSBC as its high-paid wealth managers failed to cash in by managing those riches
HSBC pre-tax profit up 32% at $6.1 bn
02 Nov 2015
HSBC close to selling Turkish unit to ING for $750 mn: report
23 Jul 2015
Analysts sayTurkey is a difficult market for foreign banks due to stiff competition with local lenders, and yet attractive by virtue of its young population and geographic location between Asia and Europe
HSBC to shed 50,000 jobs as it reshapes business portfolio
09 Jun 2015
HSBC, Europe's biggest lender, today unveiled plans for a major restructuring of its business portfolio and redeployment of resources aimed at saving $5 billion annually by 2017
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
HSBC confirms possible sale of Brazil unit
23 May 2015
HSBC mulling moving out of UK
25 Apr 2015
French court orders HSBC to pay $1.1-bn bail over Swiss tax scandal
10 Apr 2015
French authorities have started a formal criminal probe on British banking giant HSBC Holdings Plc over alleged tax evasion by its subsidiary Swiss private bank in 2006-2007
Swiss banks ask Indian clients to come clean on the cash
30 Mar 2015
Swiss banks are asking their Indian corporate and individual clients to furnish auditor certificates certifying the"clean status" of funds, assets and income related to their accounts
Black money: India offers cash to HSBC whistleblower for details
24 Mar 2015
India has offered a “cash reward” to a former HSBC bank employee-turned-whistleblower Hervé Falciani in exchange for information about Indians holding illegal accounts in various tax havens, including in Swiss banks
Argentina wants HSBC to return $3.5 bn ‘black’ money
10 Mar 2015
If HSBC clients were forced this year to pay taxes they evaded, the windfall would come at an opportune moment for Argentina's cash-strapped government
HSBC transactions under probe in India
24 Feb 2015
The I-T department is reported to have sought details of HSBC India’s banking transactions for the last 16 years
Black money: HSBC admits ‘failures’ by its Swiss arm
09 Feb 2015
Reports said the clients of HSBC’s Swiss unit included politicians, actors, rock stars and individuals with ties to arms dealers and dealers of ‘blood diamonds’ or ‘conflict diamonds’
HSBC helped UK’s rich to dodge tax: report
09 Feb 2015
Investigations by the UK tax office HMRC have helped recover some £135 million in unpaid tax, interest and penalties from the UK citizens involved, say reports
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The Rise and Rise of HDFC Bank
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HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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