HSBC's India headcount up by 1,000; US staff size down

Pic Courtesy: - Mumbai: The Reserve Bank Thursday said it is keeping a close watch on global banking major HSBC, which is facing multi-nation probe including by Indian tax authorities for alleged tax evasion and money laundering at its Swiss units. ...

India last year even as it reported a 17 per cent fall in global profits for 2014. HSBC said its India revenue rose by 10 per cent to USD 1.83 billion, while profit was up 7 per cent to USD 700 million in 2014. The bank said the economic recovery in India ...

Investigators launched a search of British banking giant HSBC's Geneva offices on Wednesday as part of a money laundering probe following allegations the bank helped clients evade millions of dollars in taxes, Swiss prosecutors said. For more ...

* China HSBC flash PMI at 4-month high * Decline in Apple weighs on S&P and Nasdaq * Brent and U.S. crude settle higher * Yellen leads some to pare bets on immediate rate hike NEW YORK, Feb 25 (Reuters) - ...

(Corrects headline to say rise instead of fall) * MSCI world index strains for all-time high * China HSBC flash PMI at 4-month high * Yellen leads some to pare bets on immediate rate hike * Brazil's Bovespa falls, Petrobras hit By Sinead Carew ...

VANCOUVER , Feb. 19, 2015 /CNW/ -HSBC Global Asset Management ( Canada ) Limited, the manager of the HSBC Mutual Funds, announced today that on or around 25 February 2015 the investment strategy of the HSBC Global Equity Fund (the "Fund") will be ...

The UK today distanced itself from the scandal involving HSBC, two days after Swiss police raided the global banking giant's offices in Geneva as part of its probe into "suspected money laundering" that involves 1,195 Indians. UK Chancellor George ...

Tushar Pradhan, chief investment officer, HSBC Global Asset Management, says the Union Budget to be announced by Finance Minister Arun Jaitley will be very closely watched by FIIs who are hoping to see some significant change in Indian business environment.

Swiss police today searched HSBC offices here as part of its probe into "suspected money laundering" by the global banking giant, which has been in news for a leaked list of its account holders that included 1,195 Indian names. The banking major has come under the scanner after a global expose earlier this month by a grouping of investigative journalists disclosed details of over one lakh account holders in HSBC Geneva branch. This included 1,195 Indian names, including those of big ...