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HSBC closes Muslim accounts in UK

HSBC closes Muslim accounts in UK

Last Updated: Wednesday, July 30, 2014, 13:08

It said decisions to close accounts were "absolutely not based on race or religion".

China manufacturing index jumps to 18-month high: HSBC

Last Updated: Thursday, July 24, 2014, 11:34

The HSBC preliminary purchasing managers index (PMI), which tracks activity in China`s factories and workshops, leapt to 52.0 this month, its highest since January 2013.

UK recoups 135 million Pound in tax from Swiss bank list

Last Updated: Thursday, July 17, 2014, 05:28

Britain has recovered USD 231 million from clients named on a leaked list of HSBC`s private banking operation in Switzerland, the tax authority has said.

India sees steepest output expansion in BRICS since Feb 2013

Last Updated: Monday, July 14, 2014, 13:27

The pick-up in output growth was reflected in both manufacturing and services, most notably the latter where activity growth hit a 15-month high.

Want euros in London? Don’t ask your bank

Last Updated: Monday, July 07, 2014, 16:17

The exchange rates on the board are not even the best ones Sakthi and his colleagues give bigger or regular clients.

India's manufacturing, services growth outpaced China in June: HSBC

Last Updated: Monday, July 07, 2014, 13:49

The HSBC Emerging Markets Index (EMI), a monthly indicator derived from Purchasing Managers' Index surveys, stood at 52.3 in June, up from 50.6 in May, signalling the sharpest rate of expansion since March 2013.

HSBC sells $12.5-bn worth Swiss assets to LGT Bank

Last Updated: Tuesday, June 24, 2014, 15:24

HSBC added in a statement that the portfolio had assets under management of USD 12.5 billion (9.2 billion euros) at the end of 2013.

Asia stocks up on buoyant Wall Street, oil near highs

Last Updated: Monday, June 23, 2014, 07:40

Asian stocks rose in early trade on Monday after Wall Street advanced to new highs and fanned risk appetite, while crude oil held near nine-month highs as violence in Iraq showed no signs of letting up.

CCI clears HSBC Oman-Doha Bank deal

Last Updated: Friday, June 20, 2014, 19:02

HSBC Oman is part of HSBC Holdings which has interests in banking companies worldwide, including in India.

China group used same metal stocks to borrow $2.5 bn: Report

Last Updated: Wednesday, June 18, 2014, 17:57

A Chinese mining group allegedly used the same commodity stocks as collateral for loans of more than USD 2.5 billion from different banks, state-run media reported, with its other lenders also including Standard Chartered, HSBC, and BNP Paribas.

HSBC upgrades Mahindra and Mahindra, citing valuations

Last Updated: Friday, June 13, 2014, 12:17

HSBC upgrades Mahindra and Mahindra to 'overweight' from 'neutral' and raises its target price to 1,445 rupees from 1,340 rupees.

India's Manufacturing, services growth outpaced China in May: HSBC

Last Updated: Friday, June 06, 2014, 12:43

HSBC composite index for India, which maps both manufacturing and services, stood at 50.7, whereas for China it was 50.2.