Asian shares extend losses after China HSBC flash PMI

Shares of Tribhovandas Bhimji Zaveri (TBZ) today plunged 18 per cent in morning trade as HSBC Global Investment Funds sold 12.7 lakh shares of the jewellery retail company for about Rs 32 crore.<...

Asia HSBC has announced it will be axing 14,000 jobs globally by end 2016, bringing the total number of redundancies from the bank to more

HSBC has announced it is seeking a further $2 billion-$3 billion in cost savings as it continues to trim its global empire.

Britain's HSBC Holdings PLC (LON:HSBA), Europe's largest bank by market capitalization, says it's laying off 14,000 of its employees worldwide -- or 5.5 percent of its total workforce -- as it seeks to reduce expenses. HSBC logos are displayed ...

Tushar Pradhan, CIO, HSBC AMC believes that global fund flows are the main reason for the rally in Indian market and expects India to be on investors radar if global fund flows continue.

Since Fitch's last review of the peer group in October 2012, HSBC Holdings' VR was downgraded by one notch to 'aa-' in December 2012 and UBS AG's VR was upgraded by one notch to 'a' in April 2013. style="text-align: justify; margin: 0px"Fitch ...

London, May 8 (PTI): Global banking major HSBC has said it may face "significant" penalties from the US authorities with regard to an ongoing probe into suspected tax evasion by the US-based clients of its Indian unit, among other cases.

Country: United Arab Emirates Industry Sector: Banking Category: Description: Emerging markets have become the engines of global growth as their global influence increases, leaving developed markets in their shade, according to HSBC Global Asset ...

French magistrates have opened a probe targeting global bank HSBC into alleged illegal solicitation of clients and money laundering.