Posts Tagged ‘ HSBC ’

HSBC doubles turnaround target to $2 billion

HONG KONG/LONDON (Reuters) – HSBC doubled the annual revenue boost expected from its turnaround plan to $2 billion, as Europe's biggest bank picks 22 markets to drive its growth and eyes more cost cutting to cope with new regulations in the wake of the financial crisis. (read the news…) Related items HSBC says turnaround...

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HSBC To Expand Renminbi Facility

British giant HSBC (Hongkong Shanghai Banking Corp.) is looking to expand its renminbi or RMB market in the Philippines to further develop its RMB facility to encourage more trade and financial transactions between China and the region.Spencer Lake, co-head of HSBC Global Markets Global Banking and Markets, in town for four days as delegate...

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HSBC down-sizing office space in Coimbatore

Hongkong and Shanghai Banking Corporation (HSBC), which is in the centre of a staff down-sizing spree globally to cut costs, apparently is down-sizing its office space as well. (read the news…) Related items Bishops gate up for sale likely deal value Rs 250 cr HK leases prime property for $16 a year Gucci-crazy Chinese...

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HSBC sells insurance units in Asia, South America

Banking giant HSBC said it has agreed to sell its general-insurance businesses in Hong Kong, Singapore, Argentina and Mexico for around $914 million. (read on…) Related items HSBC sells general insurance business for $914 mln UPDATE 2-HSBC sells general insurance biz for $914 mln Allianz, AXA among likely bidders for HSBC unit sale –...

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HSBC Unit To Sell Retail Banking And Wealth Management Business In Thailand

HSBC Unit To Sell Retail Banking And Wealth Management Business In Thailand (read on…) Related items HSBC Plans Disposal Of Retail Banking, Wealth Management Business In Mauritius Research and Markets: Wealth Management in Asia's Offshore Centers: Hong Kong and Singapore HSBC Sells Retail Banking, Wealth Management Business In Thailand HSBC may sell US cards...

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Bank arranges Auckland Council US$2.5b note programme

HSBC is pleased to announce that it has arranged Auckland Council’s US$2. (read the rest of the story…) Related items Hong Kong economy slowed in first quarter 20. Malaysia and Hong Kong sign tax pact Malaysia and Hong Kong sign tax pact Ice age baby mammoth goes on display in Hong Kong Hong Kong...

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HSBC hires HK-based global head of strategic energy solutions

Philippe Khoury is the second senior appointment within a month to HSBC’s resources and energy group, and is also joined by Henry Hou from Morgan Stanley. (more…) Related items HSBC makes two senior trade and supply chain appointments Morgan Stanley Sees More Seeding, Acceleration Deals for Asian Hedge Funds Morgan Stanley Sees More Seeding...

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Wall Street Protesters Camp in London, Hong Kong After Arrests

Protesters in London and Hong Kong held a second day of rallies against economic inequality after camping out overnight in front of St. Paul’s Cathedral and by the Asian headquarters of HSBC Holdings Plc., echoing demonstrations in major cities around the world. (read more…) Related items HSBC eyes $3.5 bln in savings, reviews U.S....

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Tsang Says HSBC, U.K. Banks ‘Absolutely Welcome’ to Relocate to Hong Kong

“If HSBC or Standard Chartered were to change headquarters it would not undermine their business at all,” Tsang said in an interview yesterday. Tsang added he didn’t “want to encourage a move that would impair relations” with trading partners including London and New York . (read the rest of the story…) Related items Standard...

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New HSBC Campaign To Encourage Member Recommendations

HSBC has today announced that it is launching an initiative to encourage current HSBC Premier customers to recommend their friends to the Bank. To show our appreciation for referrals that result in a friend or family member successfully becoming a new … (read the rest of the story…) Related items Bank arranges Auckland Council...

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