occupy protesters in HK given 2 weeks
Protesters who have been occupying a plaza beneath HSBCs Hong Kong Central district headquarters have been given two weeks to respond to a lawsuit seeking to be allowed to oust them.
HSBC
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Senior HSBC director Sandy Flockhart to retire
Sandy Flockhart, the former chairman of HSBCs operations in Europe, the Middle East and Africa, is to retire as a non-executive director of HSBC Holdings plc and from his position as chairman of HSBC Bank plc on 31 July 2012.
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uk millionaire with Swiss account is first
A UK taxpayer is to pay some £830,000 in back tax, fines and costs to the UK tax authorities after being found guilty of using an undisclosed HSBC account in Switzerland to hide his money, in HM Revenue & Customs’ first successful prosecution to be based on information obtained from HSBCs Geneva branch in 2010.
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HSBC sells stakes in two Indian banks
HSBC Holdings, the London-based banking giant, has sold stakes in two Indian banks for around $425m.
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hsbc oman and oib merger completes
The merger of HSBC Oman and Oman International Bank (OIB) to form HSBC Bank Oman has been officially approved and began its operations on Monday this week.
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Guernsey banking deposits fall 10
The value of banking deposits in Guernsey are more than 10% less than they were at the end of the first quarter of last year, according to figures released today.
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pictures from hsbcs inaugural international
HSBC Global Asset Management last night held its inaugural annual quiz, hosting major players from the international financial services industry.
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hsbc private bank to close jersey branch in favour
HSBC Private Bank is to close its Jersey office, amalgamating its Channel Island operations into its Guernsey branch.
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now hsbc is looking to sell latam operations
HSBC Holdings, the London-based banking giant that has been shedding regional operations for months, said today that it is in talks aimed at selling its operations in Colombia, Peru, Uruguay and Paraguay.
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hsbc saudi offers shariah compliant fund
HSBC Saudi Arabia has launched its first sukuk fund, a Shariah-compliant fixed-income product, for the countrys retail market.
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hsbc am launches asia focused strategy
HSBC Global Asset Management has launched the HSBC Asia Focused Income Fund, a fund which aims to capture growth in the region through investment in a mixture of asset classes.
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hsbc bank middle east agrees deal to merge
HSBC Bank Middle East, a wholly-owned subsidiary of HSBC Holdings, has entered into an agreement to merge its Oman branch and HSBC Oman with Oman International Bank.