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Results for

hsbc

45 Results
  • HSBC, Emirates NBD cut jobs in UAE as banks aim to reduce costs: Report

    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 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

    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

    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, 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

    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

    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

    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

    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

    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

    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

    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 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

    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

    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 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 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

    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

    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 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

    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

    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

    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

    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 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

    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

    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

    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

    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 admits Swiss bank failings over client taxes

    HSBC has acknowledged it is "accountable for past compliance and control failures"
    Banking & Finance
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