It has been published elsewhere but we must add this HSBC article: An HSBC clerk who attempted to steal £72m while working in the bank’s Canary Wharf headquarters has been sentenced to nine years in prison for conspiracy to defraud and money laundering. Jagmeet Channa had sent €60m (£47.7m) to one of Société […]
Combined third-quarter profits for HSBC USA and HSBC Finance Corp. fell 15.5 percent, as a tight profit margin, lower banking fees, higher operating expenses and higher loan losses offset growth in the company’s bank branch network, commercial lending, retail mortgage and credit card divisions.
The two U.S. units of HSBC Holdings Plc reported total profit before […]
Sunday May 1, 2005 — HSBC Holdings PLC (HBC) will pay its U.K. customers back the interest it earns during the time between when the customer makes an electronic payment and when it reaches the customer’s account, a report in U.K. newspaper the Sunday Business said. U.K. banks make GBP30 million to GBP60 million […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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