HSBC
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.
Middle East | 7 Jul 14
hsbc to end libya presence
HSBC is to close its representative office in the Libyan capital of Tripoli, according to the Telegraph.
BlackRock UK Business granted RQFII licence
The licence is the firm’s second, the first was granted in March to its North Asia subsidiary.