HSBC was forced to make a provision for potential losses after partly losing a court case last week brought by one of the ...
Herald Fund SPC, a hedge fund that was a victim of Mr Madoff’s scam, filed a lawsuit against HSBC’s Luxembourg unit in ...
HSBC is set to cut its investment banking operations in EU and U.S. markets. The U.K.-based bank will instead focus more on ...
HSBC said it would reduce global staff costs by 8 per cent, with senior managers and those in the newly merged wholesale ...
HSBC’s exit from ECM and M&A in Western markets wasn’t a surprise. The bank said its activities in those markets cost it around US$300m a year and were not materially profitable. So a straightforward ...
HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed down ...
Results index If you wanted to identify the moment HSBC became an unarguable candidate for the best investment bank in Asia award, it was when the bank was mandated on the devilishly sensitive ...
This follows the announcement earlier this year of strategic reviews of HSBC’s retail businesses in Australia, Indonesia, Sri ...
LONDON, April 2 (Reuters) - HSBC's investment bank unit is to direct its focus on emerging markets and financing in the coming years, pulling back from its plan to take on Wall Street's biggest banks ...
LONDON (Reuters) - HSBC Holdings said first quarter profits were "well ahead" of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without ...