HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts including a potential threat to its expansion plans in China. ( read original story ...)
HSBC shares sink to 25-year low in HK, StanChart sags over dirty money scandal
HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)
HSBC shares hit 25-year low on report of China ‘unreliable list’
Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat to national security and following news it had been accused of ... ( read original story ...)
HSBC, StanChart Hong Kong shares fall after ‘FinCEN’ leak
HSBC HSBA.L and Standard Chartered's STAN.L Hong Kong shares fell on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite ... ( read original story ...)
UPDATE 1-HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak
Falls follow reports on movements of allegedly illicit funds (Adds details from media reports, other bank names) ... ( read original story ...)
HSBC, StanChart shares tumble after ‘FinCEN’ leak
HSBC Holdings slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts, including political tension in Hong Kong, the fallout of the coronavirus pandemic ... ( read original story ...)
HSBC ‘ignored warnings on US$80mn suspect payments’
HSBC has been accused of allowing international payments to accounts at its Hong Kong office that were linked to a suspected Ponzi scheme, despite ... ( read original story ...)
More new stocks please! The IPO market is getting hotter
With the presidential election looming and uncertainty growing about what will happen to the stock market and economy after that, private companies are racing to make their debuts on Wall Street. ( read original story ...)
FinCEN Files: HSBC moved Ponzi scheme millions despite warning
Britain's biggest bank moved the money through its US business to HSBC accounts in Hong Kong in 2013 and 2014. Its role in the $80m (£62m) fraud is detailed in a leak of documents - banks' "suspicious ... ( read original story ...)
HSBC introduces dual currency transaction for debit cards
The new facility will offer cardholders greater flexibility and help them to carry out transactions with ease when travelling abroad ... ( read original story ...)
HSBC and Standard Chartered fear new Trump China sanctions could freeze them out of dollar
Banks are exploring contingency plans amid concerns they could be shut out of the US banking system if Trump escalates dispute with China ... ( read original story ...)
At Hong Kong’s stock exchange, a ‘moon shot’ lab imagines how technology upends the financial marketplace of the future
A Lithuanian and his band of data scientists, business analysts, software engineers are toiling away in a nondescript corner of HKEX office in Central to prepare the exchange for the future of tech ... ( read original story ...)
Hong Kong Offers a Glimpse of One Belarus Future
Two unpopular leaders, two powerful backers. Pictures this week of Belarus leader Alexander Lukashenko beaming for the cameras, leaning in eagerly to address an impassive Russian president, evoked ... ( read original story ...)
HSBC Shares Slump Below Level Last Seen in 2008 Financial Crisis
HSBC Holdings Plc slumped below its financial crisis closing low set more than a decade ago as pressures mount on several fronts, including political tension in Hong Kong, the fallout of the pandemic ... ( read original story ...)