(RTTNews.com) - HSBC Holdings Plc (HBC, HSBA.L) has completed the sale of its 195 retail branches, primarily in Upstate New York, to First Niagara Bank, NA for around $0.9 billion, the UK-based lender said in a regulatory filing with the Hong Kong ...

http://www.nasdaq.com/article/hsbc-completes-sale-of-upstate-new-york-retail-branches-to-first-niagara-20120521-00007

HSBC Holdings Plc (HSBA)'s Turkish unit will expand loans 20 percent this year, compared with a growth of 15 percent to 20 percent expected in the industry, Taylan Turan, deputy chief executive responsible for personal banking at HSBC Bank AS, said.

http://www.bloomberg.com/news/2012-05-18/hsbc-aims-20-loan-growth-in-turkey-40-in-personal-loans.html

BUFFALO, NY, May 18, 2012 (GLOBE NEWSWIRE) -- First Niagara Bank NA, a subsidiary of First Niagara Financial Group, Inc. (NASDAQ:FNFG) , today completed its acquisition of the Upstate New York and Connecticut branches from HSBC Bank USA, NA, ...

http://www.marketwatch.com/story/first-niagara-completes-hsbc-branch-acquisition-2012-05-18

The case focused on HSBC's decision to block four transactions totaling more than $38 million between September 2006 and February 2007. The bank suspected Shah of money laundering and sought consent from the Serious Organised Crime Agency (SOCA), ...

http://www.reuters.com/article/2012/05/17/us-hsbc-shah-relief-idUSBRE84G1EP20120517

HSBC Holdings Plc (HSBA), Europe's largest bank, doubled its target for generating additional revenue from greater cooperation between its four businesses to $2 billion. The lender, based in London, is also on schedule to meet the top end of its target ...

http://www.bloomberg.com/news/2012-05-17/hsbc-expects-to-meet-top-end-of-savings-goal-at-3-5-bill.html

By Caroline Van Hasselt Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--HSBC Bank Canada, a unit of HSBC Holdings PLC (HBC), trimmed its workforce Tuesday, as part of its parent's global push to make its business more efficient.

http://online.wsj.com/article/BT-CO-20120515-720344.html

HSBC Holdings PLC says that it is selling its businesses in Colombia, Peru, Uruguay and Paraguay for $400 million to Banco GNB Sudamaris, part of the the Gilinski Group. The businesses being sold operate 62 branches in the four countries and had a ...

http://www.businessweek.com/ap/2012-05/D9UOCMSG2.htm

The International Rugby Board has confirmed that talks to revamp the breakdown laws of rugby sevens are at an advanced stage as New Zealand secured an astonishing 10th IRB World Sevens Series title. By Nick Pearce, Twickenham The game's governing body ...

http://www.telegraph.co.uk/sport/rugbyunion/international/england/9263717/HSBC-Sevens-World-Series-unhappy-England-pay-the-penalty-at-Twickenham.html

HSBC has begun consulting with investors in an attempt to quell any investor rebellion over the size of Stuart Gulliver's near-£8m pay package. Although initial feedback from investors is believed to be relatively positive, HSBC's board is said to be ...

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9262118/HSBC-on-alert-for-shareholder-rebellion.html

MEXICO CITY (Reuters) - HSBC Holdings PLC (HSBA.L) said on Friday that it had agreed to sell its operations in Colombia, Uruguay, Peru and Paraguay for $400 million in cash to Banco GNB Sudameris. The Colombia and Peru deals are expected to close in ...

http://www.reuters.com/article/2012/05/11/us-hsbc-latam-idUSBRE84A1B020120511

HSBC Holdings Plc, the British banking giant that is selling its upstate New York retail branches, said Tuesday that pretax profits for the first quarter fell 12 percent because the bank took a hit from changes in the fair value of its own debt.

http://www.chicagotribune.com/business/sns-mct-hsbcs-pretax-profits-fall-12-20120509,0,5737287.story

China retail sales

By Yvonne Lee and Jeffrey Ng Of DOW JONES NEWSWIRES HONG KONG (Dow Jones)--Banking giant HSBC Holdings PLC (HBC.LN) said Thursday it is in talks on a possible sale of its operations in Colombia, Peru, Uruguay and Paraguay, as it continues to trim its ...

http://online.wsj.com/article/BT-CO-20120509-725744.html

May 8 (Bloomberg) -- HSBC Holdings Plc, Europe's largest bank, said first-quarter profit rose 26 percent, beating analysts' estimates, helped by increased income at its securities unit and a decline in US loan losses. Pretax profit, excluding losses on ...

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/08/bloomberg_articlesM3I8640YHQ0X01-M3PPN.DTL

By Jonathan D. Epstein Up to 200 employees of HSBC Mortgage Corp. in Depew could lose their jobs early next year, after HSBC Bank USA agreed Monday to transfer its retail mortgage processing and servicing operation to industry giant PHH Mortgage Corp.

http://www.buffalonews.com/business/article845553.ece

MUMBAI: Scores of staff at the Indian unit of Royal Bank of Scotland are staring at the spectre of a job loss with HSBC unlikely to absorb all staff as anticipated at the time it agreed to buy the local assets of the UK state-owned bank, ...

http://timesofindia.indiatimes.com/business/india-business/HSBC-unlikely-to-absorb-all-RBS-staff-in-India/articleshow/13031126.cms

Capital One Financial Corp., the credit card giant that bought HSBC Holdings Plc's US credit card unit, is laying off 80 employees in Buffalo and nearly 900 in California as it closes both operations over the next 12 months, officials said.

http://www.chicagotribune.com/business/sns-mct-layoffs-to-impact-buffalo-california-20120505,0,745016.story

By Howard Mustoe on May 04, 2012 HSBC Holdings Plc (HSBA), Europe's largest bank, may say first-quarter pretax profit rose 5.5 percent as the lender incurred fewer impairment charges on its US business and grew in emerging markets.

http://www.businessweek.com/news/2012-05-04/hsbc-may-say-profit-rose-on-fewer-u-dot-s-dot-impairments-china

The seasonally adjusted HSBC China Services Purchasing Managers Index (PMI) rose to 54.1 in April from 53.3 in March, its strongest reading since October 2011, and followed an uptick in HSBC's manufacturing PMI released earlier this week.

http://www.reuters.com/article/2012/05/04/us-china-economy-pmi-idUSBRE84304U20120504

Adjusted for seasonal conditions, HSBC's purchasing managers index, or PMI, for April was 49.3, up from 48.3 in March. The index has remained below 50 the level indicating expansion, since October. Companies also reduced jobs, at the sharpest rate in ...

http://www.cbsnews.com/8301-505123_162-57426381/china-economy-sends-mixed-signals/

The HSBC China Purchasing Managers' Index, geared to smaller firms, improved to 49.3 in April from 48.3 in March, but remained below the threshold of 50 that divides expansion from contraction. Still, it showed that the rate of deterioration had slowed ...

http://www.cnbc.com/id/47256427

HSBC--one of 11 market-making members of the London Bullion Market Association--has also reduced its average 2013 forecast to $1775/oz, from $1800/oz, he said. At 1346 GMT, spot gold traded at $1655.79/oz, down 0.4% on the day.

http://www.marketwatch.com/story/hsbc-lowers-2012-gold-forecast-5-to-1760oz-2012-04-30

HSBC has announced that it acted as a Lead Financier for Mannai Corporation on its successful bid to acquire jewellery retailer Damas International. The bid was formally approved by Mannai shareholders at a recent extra-ordinary shareholders meeting.

http://www.cpifinancial.net/news/post/13759/hsbc-acts-as-lead-financer-in-mannai-corporation-acquisition-of-damas

As part of its plan to reduce cost by retrenching 30000 employees by the end of 2013, HSBC Holdings Plc. ( HBC ) has announced job cuts in the UK. The company stated that there would be a reduction of about 3167 jobs, out of which nearly 950 employees ...

http://community.nasdaq.com/News/2012-04/hsbc-downsizing-workforce-in-uk-analyst-blog.aspx?storyid=137269

By Dylan Griffiths on April 27, 2012 HSBC Holdings Plc (HSBA)'s Swiss private bank plans to cut 100 jobs this year as Europe's biggest lender reduces headcount by 30000 by the end of 2013. The cuts will be across the Swiss business, which employed ...

http://www.businessweek.com/news/2012-04-27/hsbc-s-swiss-private-bank-plans-to-cut-100-jobs-to-reduce-costs