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Doha Bank to purchase HSBC Bank Oman business in India

Last Updated: Saturday, April 19, 2014, 11:47

Qatar-based Doha Bank has entered into an agreement with HSBC Bank Oman to purchase the latter's banking business in India.

HSBC exits Kazakhstan with bank sale

Last Updated: Wednesday, February 26, 2014, 19:09

The disposal of HSBC Bank Kazakhstan is part of the group`s strategy to sell non-core assets, it added in a brief statement.

HSBC bank says annual net profit jumps to $16.2 billion

Last Updated: Monday, February 24, 2014, 15:13

Banking giant HSBC announced on Monday a 15.5-percent rise in annual net profit to USD 16.2 billion (11.8 billion euros).

HSBC profit rises but revenue hit by muted economic growth

Last Updated: Monday, August 05, 2013, 22:23

Its shares, which had spiked to a more than two month high the previous trading session, were down 3.4 percent by 0843 GMT on Monday.

Govt may issue NRI bonds soon to check rupee fall: Kidwai

Last Updated: Sunday, July 21, 2013, 14:12

With rupee continuing to be weak against the dollar, an NRI bonds issue may become imminent soon to contain its free-fall that has already impacted the Indian economy, HSBC country head Naina Lal Kidwai said.

HSBC India manufacturing PMI ends broadly flat in June

Last Updated: Monday, July 01, 2013, 11:30

India's manufacturing sector activity remained broadly flat in June as new orders declined for the first time in over four years and power cuts and fragile economic conditions weighed on the sector's performance, an HSBC survey said Monday.

Tax evasion: High degree of uncertainty over resolving US probes, says HSBC

Last Updated: Monday, March 04, 2013, 18:23

Banking major HSBC is co-operating with American authorities on providing information related to US-based clients of a group company in India, amid the US cracking down on offshore tax evasion.

HSBC Bank directed to pay Rs 25,000 for deficiency in service

Last Updated: Sunday, February 17, 2013, 10:23

The New Delhi District Consumer Disputes Redressal Forum observed that once the card holder paid all the dues, the bank should have closed the accounts and informed the Credit Information Bureau (India) Ltd (CIBIL) that nothing was outstanding.

I-T Dept probing HSBC list of accounts: Chidambaram

Last Updated: Monday, December 17, 2012, 22:29

The government on Monday informed Parliament that the Income Tax Department and its other wings are probing the information received with regard to foreign bank accounts of individuals and entities with the HSBC bank.

HSBC broke sanctions on Iran, others: US

Last Updated: Wednesday, December 12, 2012, 09:23

British bank HSBC intentionally broke American sanctions on Iran and other countries while also laundering Mexican drug money, the US on Wednesday said, as the banking major was to pay USD 1.92 billion to settle the allegations.

India's manufacturing growth jumps to 5-month high in Nov: HSBC

Last Updated: Monday, December 03, 2012, 12:06

The index has remained above the 50-mark, below which it indicates contraction, for more than three years now.

HSBC Geneva accounts: I-T digs for more funds info

Last Updated: Sunday, December 02, 2012, 09:37

The Income Tax department has begun digging for more banking and fund records data of those persons who feature on the classified HSBC bank Geneva list, sent to India by the French government.