HSBC

IIT Kharagpur business school gets 112 campus offers

IIT Kharagpur business school gets 112 campus offers

IIT Kharagpur have so far received a total of 112 offers from companies that include the likes of Wipro, HSBC, IBM and Deloitte.

Jan 09, 2018, 14:19 PM IST

Over 70% mid-market firms confident on domestic economy: HSBC

Further, it found that more than half of the MMEs in India forecast that technology investments would be a lower priority in the next three years.

Oct 03, 2017, 19:06 PM IST
US fines HSBC $175 million for lax forex oversight

US fines HSBC $175 million for lax forex oversight

In an order, the Fed also directed HSBC to improve internal oversight measures and compliance with risk management requirements in its foreign exchange trading.

Sep 30, 2017, 14:14 PM IST

HSBC's incoming chairman set to face CEO succession questions

Gulliver, who has been HSBC`s boss since 2011 and joined the bank 37 years ago, is due to step down next year.

Sep 13, 2017, 16:22 PM IST

HSBC announces profit increase, share buyback in signs of turnaround

HSBC won approval last month in China to establish an investment banking joint venture with a state-backed fund, ending a 20-month wait, making it the first such venture in China to be majority-owned by a foreign bank.

Jul 31, 2017, 12:26 PM IST
'Only 21% feel millennials will have comfortable retirement'

'Only 21% feel millennials will have comfortable retirement'

Only 21 per cent felt they are in a comfortable position for retirement, says a recent report, which puts them in difficult position in comparison to their elders.

May 14, 2017, 17:00 PM IST
HSBC foreign accounts case: Govt raises Rs 5,419 crore tax demand

HSBC foreign accounts case: Govt raises Rs 5,419 crore tax demand

The government has raised tax demand of Rs 5,419 crore on individuals who had undisclosed offshore accounts with HSBC of which around Rs 337 crore has been recovered.

May 03, 2017, 21:11 PM IST
RBI penalises HSBC, Kotak over violation FEMA

RBI penalises HSBC, Kotak over violation FEMA

The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.

Apr 27, 2017, 11:07 AM IST
Probe into Indians named by HSBC, Leichstenstein complete: Govt

Probe into Indians named by HSBC, Leichstenstein complete: Govt

The government has completed investigation against persons named in HSBC and Liechtenstein banks for black money stashed abroad and made an assessment totalling around Rs 15,000 crore in the two cases.

Mar 21, 2017, 18:21 PM IST
Google apologises to ad clients for YouTube content fiasco

Google apologises to ad clients for YouTube content fiasco

Google apologised on Monday for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer and HSBC pulled advertising for British markets from Google sites.

Mar 21, 2017, 11:29 AM IST
HSBC's India headcount rises by 4,000 despite global drop

HSBC's India headcount rises by 4,000 despite global drop

UK-based banking major HSBC saw its India headcount rise by 4,000 people to reach 37,000 last year even as its worldwide workforce got trimmed by nearly 23,000 persons.

Feb 26, 2017, 18:11 PM IST
 HSBC discloses tax evasion probes in India, other countries

HSBC discloses tax evasion probes in India, other countries

Global banking giant HSBC has disclosed being probed by tax authorities in India and several other countries, including against its Swiss and Dubai units, for allegedly abetting tax evasion of four Indians and their families.

Feb 26, 2017, 16:55 PM IST

HSBC warns of risks to world economic growth as profit dives

In the most recent quarter, HSBC's net loss widened to USD 4.2 billion from USD 1.3 billion in the same period the previous year.

Feb 21, 2017, 18:12 PM IST
HSBC, UBS stop issuing P-Notes as India steps up clampdown

HSBC, UBS stop issuing P-Notes as India steps up clampdown

A number of foreign investors including HSBC and UBS have stopped issuing controversy-ridden P-Notes as regulatory and enforcement agencies step up their clampdown on misuse of this once-popular instrument among foreigners to invest in Indian markets.

Feb 19, 2017, 14:35 PM IST
Sebi settles Adani Exports scrip case with 5 persons

Sebi settles Adani Exports scrip case with 5 persons

Markets regulator Sebi has settled a case with five individuals of erstwhile Investmart India Ltd regarding alleged manipulation in the scrip of Adani Exports more than 16 years ago.

Feb 17, 2017, 20:58 PM IST
HSBC, ICIJ list: I-T dept detects Rs 16,200 crore black money

HSBC, ICIJ list: I-T dept detects Rs 16,200 crore black money

Over Rs 16,200 crore in black money has been detected by the government after investigations on global leaks about Indians stashing funds abroad, Parliament was informed Tuesday.

Feb 07, 2017, 18:52 PM IST
GST, demonetisation to push Sensex to 30,500 by year-end: HSBC

GST, demonetisation to push Sensex to 30,500 by year-end: HSBC

The benchmark BSE Sensex could hit 30,500 level by year-end, said global financial services major HSBC on Wednesday, expressing confidence in the Modi government's structural reforms.

Jan 11, 2017, 17:52 PM IST
EU fines HSBC, JP Morgan and Credit Agricole $520 million over interest rate rigging

EU fines HSBC, JP Morgan and Credit Agricole $520 million over interest rate rigging

The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest rate benchmark used for a wide range of financial instruments.

Dec 07, 2016, 19:05 PM IST

HSBC launches its Unified Payments Interface for corporates in India

Foreign lender HSBC on Monday launched its Unified Payments Interface (UPI) for corporates in the country.

Nov 28, 2016, 20:35 PM IST
Citi and JPMorgan top list of globally systemic banks, replaces HSBC

Citi and JPMorgan top list of globally systemic banks, replaces HSBC

Citi has joined JPMorgan at the top of global regulators` list of systemically important banks, replacing HSBC and meaning the U.S. bank will have to hold extra capital from 2019 to help preserve financial stability.

Nov 21, 2016, 20:36 PM IST