HSBC
Worried about fine inflation Woodford sells HSBC
Neil Woodford has sold his recently acquired stake in HSBC, on the back of concerns about the growing number and size of regulatory fines faced by banks.
United Kingdom | 4 Aug 14
HSBC profits drop 12 amid regulatory
HSBC saw a 12% drop in profits throughout the first half of 2014, a loss it attributes to the investment of resources into “heightened and evolving” regulatory expectations.
Tax & Regulation | 17 Jul 14
HMRC claws back 135m from leaked list of HSBC
HM Revenue & Customs has recovered £135m from 24,000 clients named on a list of HSBCs Swiss private banking operation, which were revealed in a leak by a former employee.
HSBC Global AM offers Chinese RQFII
HSBC Global Asset Management has launched a fixed income fund in Hong Kong under the Renminbi Qualified Foreign Institutional Investor scheme.
HSBC pulls assets out of cayman islands
HSBC is selling parts of its Cayman Islands corporate and retail banking business to Butterfield Bank.