Tag archive for ‘HSBC’
HSBC
By Tony Williams On Tuesday, May 3rd, 2016
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HSBC First Quarter Profits Dive 18% To £2.9bn

HSBC has reported an 18% fall in first quarter net profits to $4.3bn (£2.9bn) – with the bank blaming tough market conditions at the start of the year and higher taxes. The bank, Europe’s biggest lender, More...

HSBC
By Tony Williams On Monday, August 3rd, 2015
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HSBC’s Profit Up 10% in First Half Of The Year

Profit at Europe’s largest bank, HSBC, was up 10% in the first half of this year compared to a year ago on strong earnings in Hong Kong. Its profit before tax was $13.6bn (£8.7bn) in the first six months, More...

HSBC
By Graham Moore On Tuesday, June 9th, 2015
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HSBC To Cut 20,000 Jobs Globally

HSBC, Europe’s biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business.That accounts for more than 7% of its 266,000 jobs globally. About 8,000 of More...

HSBC
By Tony Williams On Sunday, March 15th, 2015
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HSBC Should Face Criminal Trial Says French Prosecutor

The French financial prosecutor’s office has demanded that HSBC’s Swiss private bank face a criminal trial for tax evasion.The request follows an investigation by local magistrates into alleged tax fraud More...