developing-nation debt surged following the financial crisis, is now losing ground to rivals including Goldman Sachs Asset Management and HSBC Global Asset Management that have been better able to weather currency declines, slowing growth and geopolitical conflict.
ZURICH (Reuters) - HSBC , in the spotlight after details emerged about how its Swiss unit allegedly helped clients dodge taxes, isn't the troublemaker it is currently depicted as, the head of a rival private bank was quoted saying on Saturday.
ZURICH, Feb 28 (Reuters) - HSBC , in the spotlight after details emerged about how its Swiss unit allegedly helped clients dodge taxes, isn't the troublemaker it is currently depicted as, the head of a rival private bank was quoted saying on Saturday.
VIENNA, Feb 26 (Reuters) - France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings Plc which has admitted failings in compliance at its Swiss private bank, France's finance minister said on Thursday.
CARACAS, Feb 25 (Reuters) - Venezuela will ask British bank HSBC Holdings PLC for a list of state officials who have accounts in its Swiss subsidiary, a prosecutor said on Wednesday, following media reports that Venezuelans were among the bank's leading clients.
* Chairman, CEO say take collective blame for failings (Adds HMRC announcement on meeting, Breakingviews link)
LONDON, Feb 25 (Reuters) - The UK tax authority said prosecuting and regulatory agencies would meet next week to discuss leaks of account information from clients who used a Swiss subsidiary of HSBC bank to evade tax.
Business confidence is at the lowest levels since 2002. The HSBC China Manufacturing PMI disappointed in January, down to 49.8 ..... stocks (A and B shares) traded on the Shanghai Stock Exchange. HSBC China Manufacturing PMI is an indicator of the overall health
* Hsbc chairman flint says former chairman green was responsible with rest of management for past control environment
* Hsbc ceo gulliver says he and others have worked tirelessly in last 4 1/2 years to make hsbc fit for purpose