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HSBC

World news about “HSBC” published by euronews.

  • HSBC to lift dividend though 2012 profits dip

    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 of… 04/03/2013

  • HSBC and Standard fined for sanction violations

    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 US sanctions… 11/12/2012

  • HSBC sells Chinese insurer stake

    HSBC is selling its stake in China’s Ping An Insurance for 7.2 billion euros. The buyer is CP group, a conglomerate controlled by Thailand’s richest man… 05/12/2012

  • HSBC money laundering hit to be big

    HSBC has said is likely to face criminal charges in the US over a failure to prevent money laundering. Europe’s biggest bank also anticipated a fine… 05/11/2012

  • Regulators to fortify bank’s capital reserves

    Four of the world’s largest banks – Citigroup, Deutsche Bank, HSBC and JPMorgan Chase – have been told by regulators that they should boost their capital… 02/11/2012

  • UK bank scandal spreads, gets costlier

    Royal Bank of Scotland is reportedly set to be fined 186 million euros for the same Libor interbank interest rate rigging scandal that has hammered… 29/06/2012

  • HSBC says cost cuts on track

    HSBC has doubled the annual revenue boost it expects from its turnaround plan to the equivalent of 1.57 billion euros. Having already sold 28 businesses and… 17/05/2012

  • HSBC top profit forecasts

    HSBC, Europe’s largest bank, enjoyed better than expected underlying first-quarter profit — the equivalent of 5.2 billion euros. It credited a rebound in… 08/05/2012

  • Chinese factory activity falters

    China’s economic momentum continues to slow. Factory activity shrank again in March according to the latest survey of company purchasing managers. It was… 22/03/2012

  • HSBC quits the insurance game

    HSBC is selling its insurance businesses to France’s AXA and Australia’s QBE. The price is the equivalent of 696 million euros in cash. It is the latest… 07/03/2012

  • HSBC pays record US fine for banking violations

    Standard Chartered has agreed to pay millions of dollars in fines for violating US sanctions. The move will cost the British bank 327 million US dollars… 11/12/2012

  • HSBC investigates loss of client data

    Europe’s largest bank HSBC is looking into an alleged loss of data after a list of more than 4 thousand British clients was handed to tax authorities by a… 09/11/2012

  • Greek journalist accused of exposing tax-dodgers goes on trial

    A journalist who published the names of wealthy Greeks who supposedly have Swiss bank accounts appeared in court in Athens on Thursday. Costas Vaxevanis is… 01/11/2012

  • Court orders Occupy to quit Hong Kong camp

    A court in Hong Kong has ordered the final members of the Occupy protest movement to leave the area in the heart of the city’s financial district where they… 13/08/2012

  • US Senate report accuses HSBC of failing to prevent money laundering

    HSBC bank will issue a formal apology at a US senate watchdog meeting for allowing transactions that appear to be money laundering. A report following a… 17/07/2012


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