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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.

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.

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.

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.

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.

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.

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.

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.

HSBC should stand trial in tax fraud case, says French prosecutor

A French prosecutor has called for British banking giant HSBC to stand trial for enabling French clients to hide at least 1.67 billion euros ($1.84 billion) from the taxman, a source close to the probe said Thursday.

HSBC should stand trial in tax fraud case: French prosecutor

HSBC should stand trial in tax fraud case: French prosecutor

If the case goes to trial, HSBC would face charges that its Swiss unit HSBC Private Banking offered its customers several ways of hiding assets from the French taxman, notably via the use of offshore tax havens.

HSBC sees inflation below RBI's 2017 target, room for rate cut

HSBC sees inflation below RBI's 2017 target, room for rate cut

Inflation is likely to remain below the Reserve Bank's early 2017 target of 5 percent for the next 12 months, opening up space for monetary easing, says an HSBC report.

HSBC sees room for 0.50% rate cut this fiscal

HSBC sees room for 0.50% rate cut this fiscal

 RBI is expected to go for a 50 basis points rate cut over the remaining months of the fiscal as inflationary pressure is expected to stay contained thanks to good monsoon and falling vegetable prices, says a report.

HSBC, BofA apply blockchain to trade finance, seek more partners

HSBC and Bank of America Merrill Lynch said on Wednesday they had created the world`s first application using blockchain technology to simplify one of the most cumbersome aspects of trade finance.

HSBC profits plunge 45% to $3.61 billion as Brexit uncertainty bites

HSBC profits plunge 45% to $3.61 billion as Brexit uncertainty bites

HSBC posted Wednesday tumbling second-quarter net profit on volatile markets and China`s slowdown, warning it faced "a period of heightened uncertainty" after Britain voted to leave the European Union.

E-commerce could create 12 mn jobs over 10 years: HSBC

E-commerce could create 12 mn jobs over 10 years: HSBC

E-commerce in India is expected to see a significant uptrend in the coming days and could lend a helping hand to the country's job landscape, which needs as many as 80 million new jobs in the next decade, says a report.

India link emerges in $3.5-billion forex trading fraud at HSBC

India link emerges in $3.5-billion forex trading fraud at HSBC

An India link has emerged in the alleged USD 3.5-billion forex trading fraud case at HSBC, where two senior executives have been accused of doing 'front-running' by cheating a client that was selling part-stake in an Indian subsidiary.

47% Indians not saving for retirement: HSBC

47% Indians not saving for retirement: HSBC

Even as financial security after retirement is valued more, a report revealed that 47 percent of working people in India have not started saving for their future or have stopped or faced difficulties while saving.

HSBC says GDP data concerns stay, India to grow slower at 7.4%

HSBC says GDP data concerns stay, India to grow slower at 7.4%

India's economy may grow at a slightly slower pace of 7.4 percent this fiscal amid weaker global demand and risk aversion, says an HSBC report, flagging "methodological concerns" in computation of official GDP data.

HSBC hikes global ranking of India to overweight

HSBC hikes global ranking of India to overweight. Watch complete news story of Share Bazaar Live for getting detailed updates!