Posts Tagged ‘ HSBC ’

HSBC in talks to sell US credit card business

HONG KONG : HSBC said on Tuesday it is in talks to sell its United States credit card and retail services business as the global banking giant shifts focus to fast-growing markets, particularly in Asia. (read on…) Related items HSBC says in talks for possible sale of U.S. card, retail business Hong Kong top...

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HSBC makes two senior trade and supply chain appointments

HSBC creates new regional head of trade and supply chain role and names new Hong Kong head. (more…) Related items HSBC makes two new appointments in its management team for the trade and supply chain business INSIGHT-Clash over strategy forced high-profile exits at Nomura Sims Metal Management Makes a 20 Percent Strategic Investment in...

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HSBC exec favors overhike in banks’ RR over BSP’s policy rates

MANILA, Aug. 4 (PNA) -– An official of the Hongkong and Shanghai Bank Corp. (HSBC) Philippines said the decision of monetary officials to increase banks’ reserve requirement is really the most viable solution in addressing large capital inflows and its impact on inflation. (read the story…) Related items HSBC Starts Layoff in Hong Kong...

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HSBC to axe 10,000 people

London, July 31 (IANS) HSBC, headquartered in London, will reportedly remove at least 10,000 people from their jobs, Sky News said Sunday. (read the story…) Related items HSBC’s Hong Kong chief quits post HSBC Starts Layoff in Hong Kong HSBC to cut 3,000 jobs in Hong Kong Hong Kong orders GSK to recall antibiotic...

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Hong Kong stocks fall, with Hang Seng Index down 0.7%; HSBC hit as Basel mulls new rules

Hong Kong stocks fall, with Hang Seng Index down 0.7%; HSBC hit as Basel mulls new rules (read the news…) Related items Hong Kong stocks rise with real-estate, energy shares higher; Hang Seng Index up 0.8% Hong Kong stocks open higher, with property, resources gaining; Hang Seng Index up 0.8% Hong Kong stocks open...

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HSBC Global Payments and Cash Management appoints senior executive in Malaysia

Çѹ·Õè 30 ¾ÄÉÀÒ¤Á 2554 10:22 ¹. Experienced commercial banking specialist to drive growth in key market Hong Kong, May 30th 2011 – HSBC Global Payments and Cash Management is pleased to announce the appointment of a senior executive in Asia. Effective immediately, Shirley Leong has been appointed as Head of Global Payments and Cash...

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Week Ahead: HSBC, IHG, IMPs

Banking results season draws to a close with HSBC’s first quarter update on Monday. (read the news…) Related items Wharf upsizes bond to $600 million amid roaring demand SOHO China buys Shanghai property for 4 billion yuan Hodes Weill & Associates Adds Three Real Estate Veterans, Opens Offices in Hong Kong and London PRESS...

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HSBC shares fall in Hong Kong after cost-cut plans

Shares in HSBC fell in Hong Kong Thursday, a day after the banking giant announced plans to slash costs by up to $3.5 billion by 2013 and said it was considering selling its US branch network. (read on…) Related items Third runway for Hong Kong Hong Kong debut IPOs fall on volatile global markets...

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HSBC may sell US cards as targets $3.5 billion in costs

HONG KONG/LONDON (Reuters) – HSBC is to streamline its wealth management business, retreat from retail banking in some countries and may sell its U.S. credit cards arm as new CEO Stuart Gulliver attempts to cut $3.5 billion in costs and revive flagging profits. (read on…) People who looked at this item also looked at…...

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HSBC eyes $3.5 bln in savings, reviews U.S. cards business

HONG KONG/LONDON (Reuters) – HSBC Holdings Plc is reviewing its U.S. cards business and streamlining its wealth management and retail banking operations as it eyes savings of up to $3.5 billion, Europe’s biggest bank said on Wednesday. (read on…) People who looked at this item also looked at… HSBC may sell US cards as...

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