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.
Europe's largest lender, HSBC, has confirmed it is imposing a hiring and pay freeze across the bank globally in 2016.
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 announces up to 25,000 jobs are to be cut worldwide, including 8,000 in the UK. Businesses in Brazil and Turkey are expected to be axed.
HSBC has agreed to pay Geneva authorities some 38 million euros to settle a money laundering investigation at its Swiss private bank, Geneva’s
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
The offices of HSBC in Geneva have been raided by Swiss prosecutors in a criminal inquiry into allegations of aggravated money laundering. It comes
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