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HSBC

HSBC's loss may increase over time

Due to the statement by US District Court Judge Ronald A. Guzman, the USD2.46 billion judgment payment charged to HSBC Holdings for improprieties of its unit International Household, may increase due to interest on amounts due.

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HSBC

HSBC unit slapped with record USD2.46 billion final judgment

A decision by US Judge Ronald Guzman put HSBC's Household International Inc liable to pay USD2.46 billion as settlement for misleading its investors.

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HSBC as Financier to Funds-Seeking Clients.

HSBC appoints new personnel to address regional growth

New appointments to HSBC Holdings management staff were recently announced to respond to the recovery in the region's financial markets.

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Atlantis, The Palm

Atlantis, The Palm finalizes loan facility worth USD880 million

Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.

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HSBC

HSBC facilitates first two way RMB transaction between Taiwan and China

As the fruition of months of planning and years of animosity, China and Taiwan formalizes the two way cross border transaction system for companies trading in the yuan.

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HSBC

HSBC to appoint Stuart Rose for Advisory Role

HSBC Holdings had appointed former Marks & Spencer CEO Stuart Rose for an advisory role in the company.

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HSBC

HSBC names new global mergers and acquisitions head

Europe's biggest bank, HSBC Holdings Plc, said it had appointed Florian Fautz to be its global head for mergers and acquisitions.

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SABB

SABB set to issue riyal denominated sukuk bonds

SABB, which is partially owned by HSBC, has been busy preparing for a sukuk bond issue by year's end.

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China Services Sector

China's services sector exhibits flicker of improvement

A private survey revealed that China's PMI for the services sector showed signs of growth.

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HSBC

HSBC declines in value and undertakes house cleaning

HSBC's stock falls as it advises diplomatic missions to close their accounts with their bank.

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Trustmarque Solutions

HSBC Leveraged Finance invests in Trustmarque

HSBC Leveraged Finance shelled out GBP 19.5 million to invest in Trustmarque Solutions.

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Euro

Losing US$317 Billion Makes Treasuries Safer for Mizuho and HSBC

Investors kept their money in US Treasuries after the steepest two month loss for securities.

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HSBC'

HSBC and Citigroup obtain mutual fund distribution licenses

The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup.

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Billabong Logo

HSBC Sells Billabong’s Syndicated Loan

Billabong lost HSBC Holdings Plc as a syndicated lender after the latter sold a portion of its loan to a specialized investment firm.

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Dubai Stock Exchange

Dubai Shares Increased to Its Highest after HSBC Strengthens MSCI Bets

Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.

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