China and India have been growing at steady paces, but some have pointed to a possible bubble. Already, China has shown its weakness as pretax profit for HSBC in China fell 41% to $907 million. Meanwhile, shares in Korea Exchange Bank, HSBC’s newest target, have fallen as much as 12%. For now, HSBC remains devoted […]
United States based consumer advocates Household - HSBC Watch said today that HSBC Plc took another blow to its reputation as the Account 98 scandal grows. HSBC stands accused of passing funds to organizations bankrolling Palestinian suicide bombers.
A forthcoming court action, launched by lawyers representing 500 victims of suicide attacks, claims that an account at […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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