[

hsbc holdings plc

]
FILE PHOTO: FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo(REUTERS)

HSBC banker knew about dealings with Iran, Meng’s defense argues

Bloomberg |
PUBLISHED ON MAR 02, 2021 12:43 PM IST
That meeting is a key event in the US case against Meng, which alleges the Huawei chief financial officer misled banks into processing Huawei transactions that potentially violated US sanctions against Iran.
A man wearing a protective mask walks past a logo of HSBC at its headquarters.(Reuters)
A man wearing a protective mask walks past a logo of HSBC at its headquarters.(Reuters)

HSBC sees its future occupying 40% less office space after coronavirus pandemic

Bloomberg | | Posted by Ayshee Bhaduri
UPDATED ON FEB 23, 2021 09:15 PM IST
  • HSBC’s potential reduction would be one of the most dramatic proposed changes seen so far from a major lender.
An HSBC bank logo is pictured during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, US.(Reuters)
An HSBC bank logo is pictured during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, US.(Reuters)

HSBC to announce exit from US retail banking, reshuffles top jobs

Reuters |
PUBLISHED ON FEB 22, 2021 06:41 PM IST
The exit from the US consumer business will form part of the lender's strategy update due on Tuesday, as Chief Executive Noel Quinn seeks to cut costs, boost fee income and continue the lender's shift towards Asia.
A HSBC and a Barclays bank building is seen at Canary Wharf in London, Britain May 17, 2017. REUTERS/Stefan Wermuth - RC12506A0300(REUTERS)
A HSBC and a Barclays bank building is seen at Canary Wharf in London, Britain May 17, 2017. REUTERS/Stefan Wermuth - RC12506A0300(REUTERS)

Former HSBC banker pleads guilty in $1.8 billion French tax case

Bloomberg | By Gaspard Sebag
UPDATED ON AUG 07, 2019 06:11 PM IST
The former HSBC executive also pleaded guilty to illegally approaching French residents to encourage them to shift funds to Switzerland
A man speaks on a mobile phone outside the State Bank of India building in Mumbai, India. Photographer: ADEEL HALIM(BLOOMBERG NEWS)
A man speaks on a mobile phone outside the State Bank of India building in Mumbai, India. Photographer: ADEEL HALIM(BLOOMBERG NEWS)

SBI selects banks for Rs 10,000 crore share sale

Bloomberg | By Crystal Tse and Anto Antony
PUBLISHED ON JAN 10, 2019 06:03 PM IST
SBI’s sale will help bolster its capital buffers as it attempts to grow loans at a faster pace.
Lights illuminate USB cables inside a 'mining rig' computer, used to mine cryptocurrency, in Budapest.(Akos Stiller/Bloomberg)
Lights illuminate USB cables inside a 'mining rig' computer, used to mine cryptocurrency, in Budapest.(Akos Stiller/Bloomberg)

Banks turn to Infosys-backed blockchain tech to make internal trade faster

Bloomberg | By Rahul Satija and Anto Antony
UPDATED ON JUN 07, 2018 11:14 AM IST
The traditional paper-intensive trade finance process within India can take as long as 22 days to complete. The new technology should reduce those delays to less than a day, according to Yes Bank.
SHARE
Story Saved