47% Indians not saving for retirement: HSBC
Even as financial security after retirement is valued more, a report revealed that 47 percent of working people in India have not started saving for their future or have stopped or faced difficulties while saving.
Jul 17, 2016, 17:26 PM ISTTop U.S. officials rejected push to prosecute HSBC - lawmakers'' report
HSBC declined to comment on the report.
Jul 12, 2016, 07:07 AM ISTHSBC says GDP data concerns stay, India to grow slower at 7.4%
India's economy may grow at a slightly slower pace of 7.4 percent this fiscal amid weaker global demand and risk aversion, says an HSBC report, flagging "methodological concerns" in computation of official GDP data.
Jul 07, 2016, 15:09 PM ISTHSBC hikes global ranking of India to overweight
HSBC hikes global ranking of India to overweight. Watch complete news story of Share Bazaar Live for getting detailed updates!
Jul 05, 2016, 14:37 PM ISTHSBC 'overweight' on India, 2016-end Sensex target at 28,500
Global brokerage firm HSBC on Monday upgraded India to the 'overweight' status, citing improving domestic indicators and more realistic earnings expectations.
Jul 04, 2016, 14:29 PM ISTIndian equities over valued; Sensex likely to correct to 26,000 by year-end: HSBC
Recent market rally may have resulted in upward outlook revision by brokerages, but HSBC feels Indian equities are overpriced and Sensex is in for a correction, which may slump to 26,000 by the end of 2016.
Jun 12, 2016, 15:05 PM ISTStocks pricey, Sensex may correct to 26,000 by year-end: HSBC
Recent market rally may have resulted in upward outlook revision by brokerages, but HSBC feels Indian equities are overpriced and Sensex is in for a correction, which may slump to 26,000 by the end of 2016.
Jun 12, 2016, 14:09 PM ISTHSBC to close 24 retail banking branches in India, slash 300 jobs
The total number of branches will be coming down to 26 in 14 cities from 50 in 29 cities earlier, with a bulk of impact on presence in smaller centres.
May 19, 2016, 18:29 PM ISTHSBC upgrades India to neutral; 2016 Sensex target at 26,000
Global brokerage major HSBC has upgraded Indian equity markets to "neutral", saying "green shoots" are emerging and has increased its Sensex target for the year to 26,000 from 25,000.
May 16, 2016, 15:39 PM ISTUS says banks won't be punished for lawful business in Iran
US Secretary of State John Kerry tried today to reassure European banks they won't be penalised for conducting or facilitating business with Iran, as he worked to address Tehran's grievance that businesses are still staying away despite the nascent nuclear deal.
May 12, 2016, 16:05 PM ISTZomato refutes HSBC report; says investors back company's valuation
Hitting back at HSBC analysts for marking down its valuation by half at USD 500 million, online restaurant guide and food ordering firm Zomato on Monday said the investors have backed the current valuation.
May 09, 2016, 15:59 PM ISTVodafone chooses Kotak, UBS, ICICI for $2 billion share sale
Close to launching an Initial Public Offering (IPO), Vodafone has picked six investment banks, including Kotak, ICICI and UBS, for the over USD 2 billion share sale process, as per media sources.
May 01, 2016, 21:53 PM ISTIndia faces risk of earnings downgrades: HSBC
Global brokerage firm HSBC today said it is 'underweight' on Indian equities and sees risk of earnings downgrades going forward as the market is trading at a significant premium
Apr 11, 2016, 12:33 PM ISTHSBC, RBS and Barclays plan to close 400 UK branches this year: Sources
Three of Britain`s largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank.
Apr 06, 2016, 21:34 PM ISTHong Kong student leader says HSBC blocked new accounts
Hong Kong student leader Joshua Wong said Wednesday that the city`s HSBC branches had refused to open an account for his new party, accusing them of "political censorship".
Apr 06, 2016, 10:48 AM ISTCredit Suisse, HSBC dismiss "Panama Papers" tax avoidance allegations
Credit Suisse CEO Tidjane Thiam, who is aggressively targeting Asia`s wealthiest for growth, said his bank was only after lawful assets.
Apr 05, 2016, 10:54 AM ISTBlack money: ED probing 43 cases relating to HSBC list, ICIJ expose, says FM Jaitley
The comments came on a day when Jaitley announced a multi-agency probe into a new expose by ICIJ (International Consortium of Investigative Journalists) about offshore tax haven holdings of Indians and other nationals.
Apr 04, 2016, 19:04 PM ISTGDP growth to remain flat at 7.4% in FY17: HSBC
India is likely to clock GDP growth of 7.4 percent in the current fiscal and consumption is likely to be the main driver of growth in the foreseeable future, says an HSBC report.
Apr 04, 2016, 18:44 PM ISTGlobal watchdog flags slow 'too big to fail' bank rule adoption
Many countries have not yet introduced laws allowing regulators to write down bank`s debts to avoid taxpayer bailouts and prevent them being "too big to fail", the world`s top financial watchdog warned on Friday.
Mar 18, 2016, 15:12 PM ISTHSBC cautious, underweight on Indian equities
Notwithstanding recent volatility in Asian markets, some factors are supporting the region's equities, global brokerage major HSBC has said noting that it is 'cautious' and 'underweight' on India.
Mar 14, 2016, 15:30 PM IST