Europe's biggest bank HSBC saw annual pre-tax profit slump 62 percent with hefty writedowns and warned its revenues could fall again this year.
HSBC, Europe's biggest bank, plans to shift around 1,000 workers, who generate around 20 percent of its trading revenue to Paris, post-Brexit.
HSBC.,Europe's biggest bank, just reported a 29 percent drop in pretax profits for the first half of 2016 and will buy back $2.5 billion worth of shares.
HSBC confirms it's part of US regulators probe into hiring of people tied to Asian government officials, announces lower than expected profit, warns of "bumpier financial environment" from China slowd
As Britain's future membership of the European Union hangs in the balance the financial world is looking on nervously with banking and business leaders concerned about the impact a 'Brexit'.
HSBC has decided to keep its headquarters in Britain. The unanimous decision by the board of Europe's biggest bank rejected the idea of shifting to Hong Kong.
A former HSBC bank employee, who leaked information on clients and their tax situation, has been jailed for five years. Herve Falciani, who worked
Europe’s biggest bank HSBC has seen profits jump by a third in the third quarter, to $6.1 billion (5.5 billion euros). The results, which exceeded
HSBC has beaten expectations with a 10 percent rise in first-half profit. The unexpected jump has been driven by a strong performance in Hong
Britain’s biggest bank and Europe’s biggest lender HSBC is to slash nearly 50,000 jobs from its global workforce as the bank strives to cut costs in
HSBC has agreed to pay Geneva authorities some 38 million euros to settle a money laundering investigation at its Swiss private bank, Geneva’s
HSBC is planning to announce a huge swathe of job cuts next week, according to a report by UK broadcaster Sky News, which cited unidentified people
Britain’s biggest bank HSBC has waded into the UK election campaign by saying it is considering leaving London because of the economic risk of
The heir to the Nina Ricci perfume and fashion empire has been convicted of tax fraud. Arlette Ricci has been sentenced to a one-year jail term
HSBC has been placed under formal criminal investigation by French magistrates over allegations its Swiss private bank helped customers dodge
The CEO of scandal-hit bank HSBC has apologised for failings in the operation of its Swiss private branch that allegedly helped clients avoid tax
Under pressure HSBC says that profits fell by 15 percent in 2014 adding business woes to embarrassment following revelations that its Swiss banking
The offices of HSBC in Geneva have been raided by Swiss prosecutors in a criminal inquiry into allegations of aggravated money laundering. It comes
Revelations that HSBC was helping more than 100,000 clients from all around the world hide millions of dollars from the authorities. Its bankers
Swiss bank UBS has revealed that the authorities in the United States are investigating securities that it sold to wealthy clients which may violate
UK-based HSBC says it has radically transformed its practices in recent years amid accusations its Swiss subsidiary helped wealthy customers dodge tax
The Swiss arm of the UK based bank HSBC is squirming with embarrassment after details emerged that it helped wealthy clients evade billions in tax
HSBC helped rich clients dodge tax, according to a report released by a group of investigative journalists. Details from thousands of accounts held
HSBC has reported a 10 percent rise in third quarter profits. Europe’s largest bank said that was due to tighter control of costs and fewer losses
Police in Belgium have raided the homes of 20 HSBC clients in Brussels and Antwerp in a tax evasion probe. The bank’s Swiss department is being
Profit was up but the shares were down at HSBC. That is because Europe’s biggest bank posted slower than expected earnings growth and a twelve
HSBC is to increase its dividend as strong growth in Hong Kong and other core Asian markets boosted its capital even though annual profit fell short
Europe’s biggest bank, HSBC, has agreed to pay a record 1.5 billion-euro fine for failing to prevent money laundering and failing to respect
Standard Chartered has agreed to pay millions of dollars in fines for violating US sanctions. The move will cost the British bank 327 million