Banking giant HSBC announced on Monday a 15.5-percent rise in annual net profit to US$16.2 billion (11.8 billion euros).The company's performance in 2013 compared with profit after tax of $14.03 billion in 2012.That was when HSBC had been hit by high f...
HSBC's <HSBA.L> profits are expected to rise by almost a fifth to $24 billion for 2013 as it benefits from a cost-cutting drive that spans managing its documents more efficiently to telling staff to...
HSBC will announce staff bonuses totaling just under 2.4 billion pounds ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit, Sky News reported on its website on Saturday without citing its sou...
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While HSBC was fined $1.9 billion for money laundering activities as well as illegal transactions involving several sanctioned countries, not a single individual at the bank faced criminal charges.
The position of Lord Green as Minister for Trade and Investment is looking increasingly untenable. Members of the Opposition are calling for him to answer "serious questions" in the light of the latest banking scandal.
Despite posting an impressive half of year profits of 7 billion pounds, Europe's biggest bank HSBC on Monday announced a massive 30,000 job losses, the highest in the banking sector in the last two years.
Google and HSBC bank are planning to provide high-speed, cheap Internet access in Africa via satellites. This service will complement existing services and boost Internet access to millions of Africans.
Customers at Bank of America and HSBC are at the greatest risk of identity theft, according to an eye-opening report. Analyzing identity theft complaints in 2006, a Berkeley researcher also found that ING is the safest U.S. bank.