HSBC (NYSE: HSBC ) declares that it will fight the $250M Keydata lawsuit that alleges ..... issued by Luxembourg-domiciled SLS Capital, which was later liquidated. HSBC is accused of doing little to correct the misleading marketing material
on the London Metal Exchange recently after worse-than-expected factory activities data emerged from China last Thursday. HSBC 's preliminary Purchase Manager's Index (PMI) for August stood at 50.3, the weakest reading since May. Analysts polled
MUMBAI, Aug 25 (Reuters) - Citigroup and HSBC are among five banks chosen to manage India's planned sale of a stake in state oil company Oil and Natural Gas Corp (ONGC), three sources with direct...
Aug 25 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email firstname.lastname@example.org.
NEW YORK (Reuters) - HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled.
NEW YORK, Aug 22 (Reuters) - HSBC Holdings Plc was sued for $250 million on Friday for allegedly ignoring red flags that a colorful British entrepreneur, the late David Elias, was committing fraud through an investment vehicle he controlled.
a lot more selective with whom they want to deal with, and this provides a barrier for new entrants coming into the market. HSBC was fined $1.9 billion in 2012 for acting as a conduit to money-laundering and just pulled the plug on the market entirely
s currency arrangements could prompt capital flight from the country, leaving its financial system in a "parlous state," Douglas Flint, chairman of HSBC Holdings Plc, wrote in a column on Thursday in the Telegraph newspaper in Britain.
across the board, while Asia ended mixed; Hong Kong's Hang Seng and China's Shanghai Composite both fell after China's HSBC Manufacturing PMI fell to 50.3 from 51.7. Yesterday's release of Fed meeting minutes, which showed a slight tilt toward
BEIJING (Reuters) - Growth in China's vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, heightening concerns about increasing softness in the economy.