Search Results

HSBC and Hermitage Capital Management in Russia

I’ll support HSBC on this one. Leading law firms representing HSBC and Hermitage Capital Management have been raided by Russian Interior Ministry officials in an attempt to link senior lawyers with an alleged tax fraud. This problem in Russia smacks of crooked investigators and problems in the Russian system. People are hesitant […]

HSBC Skims Cash on EU Aid to Palestinians

HSBC BANK that has offices in 77 countries, claims to be a ’socially responsible corporation’. However, this doesn’t seem to apply to the humanitarian plight of Palestinians living in the Gaza strip and the Israeli occupied West Bank territories.

According to the charity Oxfam, HSBC has charged the European Union (EU) £1.9 million in bank charges […]

Stephen Green to replace John Bond in 2006

LONDON - Stephen Green, a preacher, lover of Russian literature and chief executive of HSBC (HSBA.L: Quote, Profile, Research), will next year step up to the biggest job in British banking as he crosses the corridor to the executive chairman’s office. Green, who has been HSBC’s CEO since June 2003, will step into […]

Russia’s Corporate Clients Let Down HSBC

Lea Verny, head of investment banking at HSBC Russia, left the bank last week, having become the 12th top manager of the bank resigned during half a year. The experts say such numerous resignations signal that today’s bosses of Moscow HSBC don’t embrace the stake on large corporate clients in Russia.

A foreign bank with […]