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Results for
hsbc
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HSBC, Emirates NBD cut jobs in UAE as banks aim to reduce costs: Report
HSBC Holdings has laid off about 40 bankers in the United Arab Emirates (UAE) and Emirates NBD is cutting around 100 jobs, as banks in the Arab ... Business -
HSBC to cut up to 10,000 jobs in move to slash costs: FT
HSBC Holdings Plc is planning to cut up to 10,000 jobs, more than 4 percent of its workforce, as interim Chief Executive Officer Noel Quinn seeks to ... Economy -
HSBC says its CEO to leave after just 18 months
Bank HSBC on Monday announced the surprise departure of CEO John Flint after just 18 months, saying new leadership was needed amid increasing economic ... Economy -
HSBC at Riyadh FII forum: We invested $9 billion in FinTech sector
The CEO of HSBC Global Banking & Markets Samir Assaf said during a session in the second day of the Future Investment Initiative Forum convened in ... Technology -
HSBC, Credit Suisse to advise on Kuwait’s KFH, Bahrain’s AUB talks
HSBC and Credit Suisse have been selected to advise on a possible merger between Ahli United Bank (AUB) and Kuwait Finance House (KFH), AUB said on ... Economy -
Qatar in crisis as HSBC turns down leading role on new dollar bond
A boycott of Qatar by its neighbors has prompted HSBC to turn down a leading role on Doha’s new dollar bond as the bank treads a political ... Economy -
HSBC in $100 million forex fraud settlement
British financial giant HSBC has agreed to pay more than $100 million to US authorities after admitting to defrauding clients during ... Economy -
HSBC avoids prosecution as US deal lapses
US authorities are lifting the threat of prosecution against the British banking giant HSBC, five years after it admitted to widespread money ... Economy -
EXCLUSIVE: HSBC CEO says bank interested in financing Saudi NEOM project
HSBC’s CEO Stuart Gulliver confirmed the bank's interest in significantly financing the massive NEOM project, highlighting the economic benefits ... Economy -
Goldman, JPMorgan, HSBC vie for lead roles in listing UAE’s ADNOC unit
Abu Dhabi’s national oil company is weighing proposals from Goldman Sachs, First Abu Dhabi Bank, HSBC and JPMorgan for lead roles in the listing ... Energy -
Saudi Aramco names company veteran to oversee IPO preparations
State oil giant Saudi Aramco has appointed company veteran Motassim al-Maashouq to officially oversee preparations for its initial public offering ... Financial Markets -
HSBC predicts 100 Saudi Arabian listings in privatization drive
Saudi Arabia’s privatization drive is likely to result in around 100 new stock market listings in sectors including mining, healthcare and ... Economy -
Saudi Aramco formally appoints banks to advise on share sale
Saudi Aramco has formally appointed JPMorgan Chase & Co, Morgan Stanley and HSBC as international financial advisers for its initial public ... Economy -
Kuwait’s KIPCO mandates banks for bond issue of up to $500 mln, to repurchase debt
The new bond, which will have a 10-year maturity, will be part of KIPCO’s existing $3 billion euro medium term note program Economy -
HSBC in talks to sell Lebanese business to Blom Bank
Seeking to divest businesses as part of global plan to boost profitability Banking & Finance -
HSBC Bank's chief of foreign exchange cash trading arrested
HSBC Bank’s head of foreign exchange cash trading has been released on $1 million bail after his arrest at a New York airport Banking & Finance -
Saudi Arabia picks banks to manage multi-billion dollar bond
Saudi Arabia has chosen Citigroup, HSBC and JP Morgan to manage its debut sovereign bond issue Business -
HSBC bank fends off cyber attack
British bank HSBC said it had successfully repelled a cyber attack on Friday Banking & Finance -
HSBC fires staff for mock ISIS execution video
Bank described video showing staff members in balaclavas holding fake knife over kneeling man Variety -
HSBC says it will slash up to 25,000 jobs globally
HSBC announced that there will be up to 25,000 job cuts globally as well as a complete withdrawal from Brazil and Turkey Banking & Finance -
ING, Qatar National Bank among suitors for HSBC Turkey
Sources said Arab Banking Corp was also looking to buy the entire business Banking & Finance -
Saudi market regulator studying listing rules for REITs
The regulator has been approaching market participants in recent weeks about forming a panel Financial Markets -
HSBC 'sorry' for website porn link blunder
Banking giant HSBC apologized for a website blunder on its Hong Kong page which directed visitors to a pornographic site Banking & Finance -
Egypt non-oil private sector shrinks for third month in March
The HSBC Egypt Purchasing Managers Index showed a reading of 49.6 in March, a milder slowdown than February’s 46.8 Economy -
HSBC bosses reject calls to quit after ‘terrible list’ of problems
HSBC chairman and chief executive tell a panel of UK lawmakers they shared collective responsibility for failings at HSBC’s Swiss bank Banking & Finance -
HSBC boss defends Swiss account as bank profits slump
Gulliver told reporters he paid full UK tax on his entire worldwide earnings Banking & Finance -
UK journalist’s resignation after HSBC leaks makes waves
Oborne accused the broadsheet of suppressing negative stories about banking giant HSBC to keep the valuable advertiser happy Print -
Etisalat’s Egypt unit signs $120 million loan
National Bank of Abu Dhabi and HSBC will each provide $60 million Telecoms -
HSBC publishes apology in British papers over tax evasion claims
Europe's biggest bank admitted failings in compliance and controls in its Swiss operation Banking & Finance -
HSBC admits Swiss bank failings over client taxes
HSBC has acknowledged it is "accountable for past compliance and control failures" Banking & Finance