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Showing posts with label HSBC. Show all posts
Showing posts with label HSBC. Show all posts

August 04, 2015

HSBC's pre-tax profit up 10% in first half of the year

Profit at Europe's largest bank, HSBC, was up 10% in the first half of this year compared with a year ago on strong earnings in Hong Kong.

July 15, 2015

HSBC misses Apple Pay UK launch

HSBC has said its customers will not be able to use the new Apple Pay system as it launches on Tuesday in the UK.

February 23, 2015

HSBC left itself open to criminal charges, says Lord Macdonald

HSBC left itself open to criminal charges in the UK over its Swiss tax-dodging scandal, ex-director of public prosecutions Lord Ken Macdonald says.

February 20, 2015

UK high street banks prepare to reveal bonuses

High street banks are being urged to show restraint on pay as they prepare to declare the size of their bonus pots for 2014, at a time when the sector faces fresh scrutiny over its conduct.

November 05, 2014

HSBC sets aside $378m for potential forex-rigging fines

HSBC has warned it is facing a $378m (£237m) penalty for rigging currency markets and a possible criminal investigation in France over alleged tax offences.

August 14, 2014

HSBC awards 15 top bankers £7.1m in move to sidestep bonus rules

HSBC has given 15 of its top bankers “fixed pay allowance arrangements” worth £7.1m under a controversial new pay scheme designed to dodge tough new European Union rules on bankers’ bonuses.

March 05, 2013

HSBC pays $4.2bn for fines and mis-selling in 2012

HSBC paid out $4.2bn (£2.8bn) last year to cover the cost of past wrongdoing. As well as $1.9bn in fines for money laundering, the bank also set aside another $2.3bn for mis-selling financial products in the UK.

February 01, 2013

Banks to pay for 'swap' mis-selling, FSA demands

Four banks will now compensate tens of thousands of small businesses who were mis-sold complex insurance deals, says the Financial Services Authority.

December 13, 2012

HSBC blasted for 'stunning failures over oversight'

The US says "dangerous practices" at HSBC allowed the bank to pass money to "drug kingpins and rogue nations", fining it $1.9bn (£1.2bn). HSBC agreed the fine, the largest of its kind, earlier on Tuesday.

November 10, 2012

HSBC probing loss of client data in Jersey

HSBC has launched an internal inquiry into an alleged loss of client data in Jersey following damaging revelations that the bank is at the centre of an HMRC investigation into offshore accounts.