HSBC Holdings plc
European stocks retreat on disappointing data, Cyprus
Mar 21, 2013 13:17 EDT
European stock markets slid Thursday as disappointing eurozone data and the Cyprus bailout impasse overshadowed strong Chinese economic performance.
European stocks head lower again
Mar 21, 2013 10:34 EDT
European stock markets slid Thursday as traders looked past strong Chinese economic data to focus on bleak eurozone news, notably fallout from the Cyprus bailout impasse.
Oil prices fall on profit-taking
Mar 21, 2013 08:46 EDT
Global crude oil prices turned lower on Thursday as traders banked profits despite strong Chinese manufacturing data.
Asian markets lifted by China manufacturing data
Mar 21, 2013 07:23 EDT
Asian markets were mixed Thursday as Chinese data showing manufacturing activity in the world's number two economy picked up in March, while Tokyo was lifted by renewed weakness in the yen.
China manufacturing 'improves in March'
Mar 20, 2013 23:05 EDT
Manufacturing activity in China improved in March after expanding at its slowest pace in four months in February, HSBC said on Thursday, lifting hopes for a pick-up in the world's number two economy.
Freddie Mac sues big banks over Libor rigging
Mar 20, 2013 13:00 EDT
US government-controlled mortgage giant Freddie Mac has sued more than a dozen of the world's biggest banks over losses from the alleged rigging of the Libor interest rate.
London shares close lower on Cyprus bailout woes
Mar 18, 2013 13:03 EDT
London shares lost ground on Monday on news that Cyprus, home to around 100,000 British people, plans to tax bank deposits as part of a controversial international bailout.
HSBC 'mulls thousands more job cuts'
Mar 18, 2013 10:50 EDT
HSBC could cut up to another 5,000 jobs as Europe's biggest bank looks to find further savings, the Financial Times reported on Monday.
London shares close weak
Mar 15, 2013 13:22 EDT
London shares closed in the red on Friday in downbeat pre-weekend deals before the outcome of a major eurozone ministers meeting that seeks to agree a bailout for the Cyprus government.
Australia adds most jobs in almost 13 years
Mar 14, 2013 02:20 EDT
Australian monthly jobs growth hit a near 13-year high in February, an "extraordinary" result that helped keep the unemployment rate steady and eased pressure on the central bank to cut rates.
Greece withdraws bill that would have benefited tax dodgers
Mar 12, 2013 11:44 EDT
Greece withdrew on Tuesday a proposed measure that would have enabled some tax dodgers to pay reduced penalties in return for disclosure, a finance ministry source said.
Standard Chartered 2012 profit steady despite US fine
Mar 05, 2013 12:17 EST
Standard Chartered on Tuesday said its net profit was flat in 2012, even after the British lender was hit by huge fines for violating US sanctions on Iran and other countries.
HSBC bank sells US loans for $3.2 bln
Mar 05, 2013 11:40 EST
Global banking giant HSBC announced Tuesday that it has agreed to offload a package of home loans for $3.2 billion (2.5 billion euros) in cash to US-based SpringCastle Acquisition, one day after the bank posted falling annual profits.
Standard Chartered net profit flat in 2012
Mar 05, 2013 07:49 EST
Standard Chartered on Tuesday said its net profit was flat in 2012, even after the British lender was hit by a huge fine for violating US sanctions on Iran and three other countries.
London shares fall
Mar 04, 2013 12:24 EST
Shares in London sank on Monday after poor survey data signalled fresh recession on the horizon for Britain and as global bank HSBC posted sliding annual profits.
HSBC posts falling 2012 profits after troubled year
Mar 04, 2013 11:19 EST
Asia-focused bank HSBC said Monday that net profits sank 16.5 percent to $14.03 billion in 2012, due to US money-laundering fines, mis-selling scandals, rising taxation and a huge accounting charge.
European stocks drop after US axes spending
Mar 04, 2013 08:01 EST
European stock markets sank on Monday, mirroring Asian equities, after US lawmakers failed to prevent $85 billion in spending cuts that were implemented late last week in the world's biggest economy.
HSBC annual net profit drops 16.5%
Mar 04, 2013 06:09 EST
Asia-focused bank HSBC said Monday that net profits sank 16.5 percent to $14.03 billion in 2012, hit by US money-laundering fines, mis-selling scandals, rising taxation and a huge accounting charge.
HSBC bank says 2012 net profit drops 16.5%
Mar 04, 2013 04:27 EST
Asia-focused banking giant HSBC said on Monday that net profits sank by 16.5 percent to $14.03 billion (10.78 billion euros) in 2012, a year in which it was rocked by a US money-laundering scandal.
Lloyds staff get bonuses as bank's losses shrink
Mar 01, 2013 10:47 EST
Lloyds Banking Group on Friday posted annual losses of £1.43 billion, hit by huge insurance mis-selling compensation, while it awarded its boss a bonus linked to an eventual sale of the government's stake.
Facts from the Wikipedia page:
 | |
| Type | Public LSE: HSBA SEHK: 005 NYSE: HBC Euronext: HSB BSX: 1077223879 |
|---|---|
| Founded | Hong Kong (1865) |
| Founder(s) | Thomas Sutherland |
| Headquarters | 8 Canada Square, Tower Hamlets, London, UK |
| Area served | Worldwide |
| Key people | Stephen Green Group Chairman Michael Geoghegan Group CEO |
| Industry | Banking Financial services Investment services |
| Products | Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Global Wealth Management Private Equity Mortgage Credit Cards |
| Revenue | ▼ US$ 137.309 billion (2008)[1] |
| Operating income | ▼ US$ 56.384 billion (2008)[1] |
| Net income | ▼ US$ 6.498 billion (2008)[1] |
| Total assets | ▲ US$ 2.527 trillion (2008)[1] |
| Total equity | ▼ US$ 93.591 billion (2008)[1] |
| Employees | 331,458 (9,500 offices in 85 countries and territories) |
| Subsidiaries | HSBC Bank plc The Hongkong and Shanghai Banking Corporation HSBC Bank USA HSBC Bank Middle East HSBC Mexico HSBC Bank Brazil HSBC Finance |
| Website | HSBC.com |
