0
votes
USA
Credit Suisse snaps up HSBC's Japan private bank reply
By Saeed Azhar and Chikafumi Hodo | SINGAPORE/TOKYO (Reuters) - HSBC (HSBA.L), Europe's biggest bank, is retreating from Japan's private banking market, selling a business that serves the wealthy to Credit Suisse (CSGN.VX), which is raising its profile ...

http://www.reuters.com/article/2011/12/21/us-hsbc-japan-idUSTRE7BK00X20111221
Posted on: December 21, 2011 at 1:07 am
0
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USA
HSBC May Save $1.5 Billion on Loss-Absorbing Capital Requirement reply
HSBC Holdings Plc (HSBA), Europe's largest bank by market value, may escape $1.5 billion of additional costs after the government diluted plans requiring British lenders to raise extra loss-absorbing capital. Chancellor of the Exchequer George Osborne ...

http://www.bloomberg.com/news/2011-12-19/hsbc-may-save-1-5-billion-as-u-k-dilutes-rule-on-loss-absorbing-capital.html
Posted on: December 20, 2011 at 1:05 am
0
votes
USA
Thai TMB sees higher 2012 lending, bids for HSBC card unit reply
By Manunphattr and Dhanananphorn BANGKOK, Dec 19 (Reuters) - TMB Bank Pcl, Thailand's seventh-largest lender by assets, said on Monday it was aiming for loan growth of more than 15 percent in 2012 and that it had put in a bid to buy HSBC's Thai credit ...

http://www.reuters.com/article/2011/12/19/tmb-idUSL3E7NJ1QW20111219
Posted on: December 19, 2011 at 1:05 am
0
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USA
Protesters briefly occupy HSBC in Cardiff reply
A group of protestors “occupied” the HSBC bank on Queen Street yesterday afternoon, forcing it to close its doors to the public. But the occupation was short-lived, as protestors moved on to other targets – including Topshop, Vodafone, Bhs and finally ...

http://www.walesonline.co.uk/news/wales-news/2011/12/18/protesters-briefly-occupy-hsbc-in-cardiff-91466-29971474/
Posted on: December 18, 2011 at 1:05 am
0
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USA
HSBC Global Asset's Morris Cuts Gold Holdings; Lowers Risk reply
16 (Bloomberg) -- HSBC Global Asset Management's $2.2 billion Absolute Return fund reduced its gold holdings by more than a half, while cutting risk exposure in the portfolio to the lowest ever, according to Charles Morris, the fund manager. ...

http://www.businessweek.com/news/2011-12-16/hsbc-global-asset-s-morris-cuts-gold-holdings-lowers-risk.html
Posted on: December 17, 2011 at 1:05 am
0
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USA
HSBC Global Asset Management (Canada) Limited Announces Pooled Fund Closure reply
15, 2011 /CNW/ - HSBC Global Asset Management (Canada) Limited, manager of the HSBC Pooled Funds, will close and wind up the HSBC International Bond Pooled Fund on or around 15 December 2011. Effective immediately, new investments in the HSBC ...

http://www.digitaljournal.com/pr/525301
Posted on: December 16, 2011 at 1:06 am
0
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USA
HSBC Preliminary China PMI Rises In December, But Still Contractionary reply
By Aaron Back and Liyan Qi Of DOW JONES NEWSWIRES BEIJING (Dow Jones)--The HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rose slightly in December but stayed in contractionary territory, a preliminary ...

http://online.wsj.com/article/BT-CO-20111215-700046.html
Posted on: December 15, 2011 at 1:07 am
0
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USA
HSBC HK CEO: Expect 2012 Dim Sum Bond Issuance To Total CNY260B-CNY310B reply
HONG KONG (Dow Jones)--HSBC Holdings PLC's (HBC) Hong Kong Chief Executive Anita Fung said Wednesday she expects the total issuance of dim sum bonds next year to reach CNY260 billion-CNY310 billion, roughly doubling from this year's levels, ...

http://online.wsj.com/article/BT-CO-20111213-716799.html
Posted on: December 14, 2011 at 1:05 am
0
votes
USA
HSBC Bank USA Pulls Out of MBIA Restructuring Lawsuits reply
12 (Bloomberg) -- HSBC Bank USA agreed to withdraw from lawsuits challenging bond insurer MBIA Inc.'s restructuring in 2009, becoming the fifth plaintiff to drop out of the litigation since August. HSBC's action against MBIA was discontinued with ...

http://www.businessweek.com/news/2011-12-12/hsbc-bank-usa-pulls-out-of-mbia-restructuring-lawsuit.html
Posted on: December 13, 2011 at 1:06 am
0
votes
USA
HSBC-MF Global, AT&T, Sabre, Apple, AMR Corp. in Court News reply
12 (Bloomberg) -- HSBC Holdings Plc sued the MF Global Inc. brokerage trustee to establish whether he or another person is the rightful owner of gold bars worth about $850000 and silver bars underlying contracts between the brokerage and a client. ...

http://www.businessweek.com/news/2011-12-12/hsbc-mf-global-at-t-sabre-apple-amr-corp-in-court-news.html
Posted on: December 12, 2011 at 1:06 am
0
votes
USA
HSBC con was a disgusting abuse of power reply
by Fiona McIntosh, Sunday Mirror 11/12/2011 Now, thanks to HSBC and the shocking catalogue of disgusting behaviour from High Street banks, we'd rather stuff our cash under the mattress. The latest scandal beggars belief. Last week HSBC was fined a ...

http://www.mirror.co.uk/news/columnists/mcintosh/2011/12/11/hsbc-con-was-a-disgusting-abuse-of-power-115875-23625185/
Posted on: December 11, 2011 at 1:05 am
0
votes
USA
HSBC Sues MF Global Trustee Over $850000 Worth of Gold reply
9 (Bloomberg) -- An HSBC Holdings Plc unit sued the MF Global Inc. brokerage trustee to establish whether he or another person is the rightful owner of gold bars worth about $850000 and silver bars underlying contracts between the brokerage and a ...

http://www.businessweek.com/news/2011-12-09/hsbc-sues-mf-global-trustee-over-850-000-worth-of-gold.html
Posted on: December 10, 2011 at 1:07 am
0
votes
USA
First Niagara's HSBC Pain and Gain reply
By Philip van Doorn 12/08/11 - 10:46 AM EST NEW YORK (TheStreet) -- For long-term shareholders of First Niagara Financial Group(FNFG), the company's deal to purchase 195 branches from HSBC (HBC) has been a very rough ride, but the shares are ...

http://www.thestreet.com/story/11337629/1/first-niagaras-hsbc-pain-and-gain.html
Posted on: December 9, 2011 at 1:07 am
0
votes
USA
UBS, Goldman, HSBC, Aetna, Citic Pacific, F-1 in Court News reply
HSBC Holdings Plc (5) was sued by a Hong Kong businessman who alleged the bank made false representations to the city's Court of Appeal to win a decision over the sale of a commercial property in 1987. HSBC made false submissions to the court to ...

http://www.bloomberg.com/news/2011-12-08/ubs-goldman-hsbc-aetna-citic-pacific-f-1-in-court-news.html
Posted on: December 8, 2011 at 1:07 am
0
votes
USA
HSBC Says 2011 Good For Mexican Unit reply
MEXICO CITY (Dow Jones)--HSBC Holdings PLC (HBC) is running neck-and-neck with Citigroup Inc. (C) in 2011 for underwriting corporate debt issuances in Mexican pesos, contributing to an overall good year for the bank's Mexican unit, the head of HSBC's ...

http://online.wsj.com/article/BT-CO-20111206-716411.html
Posted on: December 7, 2011 at 1:06 am
0
votes
USA
HSBC faces £40m bill after mis-selling to pensioners reply
Vulnerable elderly people were mis-sold unsuitable investment policies over five years by advisers working for the high street bank HSBC, it was revealed yesterday. The City Watchdog has imposed a record fine of £10.5m but the bill will actually be ...

http://www.independent.co.uk/news/business/news/hsbc-faces-40m-bill-after-misselling-to-pensioners-6272805.html
Posted on: December 6, 2011 at 1:06 am
0
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USA
China slowdown spreading, HSBC services PMI shows reply
By Zhou Xin and Nick Edwards BEIJING (Reuters) - China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest data portraying an economy slowing quickly and in need of ...

http://www.reuters.com/article/2011/12/05/us-china-economy-idUSTRE7B407X20111205
Posted on: December 5, 2011 at 1:05 am
0
votes
USA
HSBC's Mahendran Says Emerging Asia `Bond Friendly' reply
2 (Bloomberg) -- Arjuna Mahendran, head of Asia investment strategy at HSBC Private Bank in Singapore, talks about the European sovereign debt crisis, and its impact on global financial markets. Mahendran also discusses US and Asian economies. ...

http://www.washingtonpost.com/business/hsbcs-mahendran-says-emerging-asia-bond-friendly/2011/12/02/gIQAbO8sJO_video.html
Posted on: December 3, 2011 at 1:06 am
0
votes
USA
Goldman, HSBC Buck China Majority With Rate-Cut Call: Economy reply
2 (Bloomberg) -- Goldman Sachs Group Inc. and HSBC Holdings Plc forecast that China will cut interest rates in 2012, putting the banks at odds with most of their rivals, who see elevated inflation preventing a reduction. The People's Bank of China ...

http://www.businessweek.com/news/2011-12-02/goldman-hsbc-buck-china-majority-with-rate-cut-call-economy.html
Posted on: December 2, 2011 at 1:06 am
0
votes
USA
HSBC China November PMI 47.7 Vs Preliminary 48.0, October's 51.0 reply
BEIJING (Dow Jones)--The final HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, fell to 47.7 in November compared with 51.0 in October, HSBC Holdings PLC said Thursday. The fall in the PMI may further ...

http://online.wsj.com/article/BT-CO-20111130-719624.html
Posted on: December 1, 2011 at 1:07 am
0
votes
USA
Citigroup, HSBC, RBS, Rajaratnam, JPMorgan in Court News reply
HSBC Holdings Plc amended its settlement with investors in an Irish fund who lost their money in Bernard Madoff's Ponzi scheme after the bank's original offer was rejected by a US judge in September. The amended settlement, which was to be filed in US ...

http://www.businessweek.com/news/2011-11-29/citigroup-hsbc-rbs-rajaratnam-jpmorgan-in-court-news.html
Posted on: November 30, 2011 at 1:06 am
0
votes
USA
Citigroup, HSBC, RBS, Rajaratnam, Glaxo, S&P in Court News reply
HSBC Holdings Plc amended its settlement with investors in an Irish fund who lost their money in Bernard Madoff's Ponzi scheme after the bank's original offer was rejected by a US judge in September. The amended settlement, which was to be filed in US ...

http://www.businessweek.com/news/2011-11-29/citigroup-hsbc-rbs-rajaratnam-glaxo-s-p-in-court-news.html
Posted on: November 29, 2011 at 1:06 am
0
votes
USA
Singh Opens Economy to Bolster Rupee as HSBC Sees 10% Slide: India Credit reply
By Jeanette Rodrigues - Mon Nov 28 04:27:13 GMT 2011 Prime Minister Manmohan Singh is taking further steps to open up India's economy to support the rupee as HSBC Holdings Plc and CLSA Asia-Pacific Markets predict the currency may slide another 10 ...

http://www.bloomberg.com/news/2011-11-27/singh-opens-economy-to-bolster-rupee-as-hsbc-sees-10-slide-india-credit.html
Posted on: November 28, 2011 at 1:07 am
0
votes
USA
HSBC 'cautiously optimistic' about future growth here: Davis reply
PTI | 11:11 AM,Nov 27,2011 Mumbai, Nov 27 (PTI) The country's second largest foreign lender HSBC today said it is "cautiously optimistic" about its future growth prospects in the country in the wake of the ongoing sovereign debt crisis in the Eurozone ...

http://ibnlive.in.com/generalnewsfeed/news/hsbc-cautiously-optimistic-about-future-growth-here-davis/916562.html
Posted on: November 27, 2011 at 1:05 am
0
votes
USA
HSBC, RBS, Madoff, Facebook, AT&T, Lehman in Court News reply
25 (Bloomberg) -- HSBC Holdings Plc settled a lawsuit brought by a group of Taiwanese banks that accused HSBC Bank USA of helping deceased financier Danny Pang's PEMGroup defraud them of more than $500 million. The banks involved in the case -- HSBC ...

http://www.businessweek.com/news/2011-11-25/hsbc-rbs-madoff-facebook-at-t-lehman-in-court-news.html
Posted on: November 26, 2011 at 1:05 am