HSBC India plans to launch 'green bonds' this year
"HSBC is the world's fourth largest issuer of green bonds. We are big player. We are working to get this in India. We are working with key authorities on this issue. Most probably we will launch this year," Kidwai said.
Aug 03, 2015, 16:08 PM IST
HSBC's H1 profits rise 10% on bumper Hong Kong results
HSBC also announced the sale of its Brazil unit to Banco Bradesco SA , the country`s second-biggest private-sector bank, for 17.6 billion reais ($5.2 billion) as HSBC seeks to cut underperforming businesses.
Aug 03, 2015, 10:24 AM IST
India overtakes China in high-end phone volume growth
India has pipped China to drive the volume growth of smartphones in the world on the back of falling prices of high-end devices and growing adoption of 3G services, according to an HSBC report.
Jul 09, 2015, 21:57 PM IST
Dip in stalled projects, new investment projects yet to pick-up
However, new projects are "proving to be as stubborn as anemic bank credit" and the number of such projects fell to its lowest level in a year during the April-June quarter.
Jul 05, 2015, 11:44 AM IST
HSBC ends sponsorship of key emerging market indexes
Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday.
Jun 26, 2015, 23:32 PM IST
HSBC ends sponsorship of key emerging market indexes
Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles the data, said Friday.
Jun 26, 2015, 20:52 PM IST
HSBC sees significant rise in corporate mobile banking
Corporates are increasingly using mobile banking, according to HSBC, and it expects global payments through its mobile banking platform to touch USD 100 billion in the next 18 months.
Jun 21, 2015, 15:50 PM IST
HSBC, JPMorgan may move parts of businesses to Luxembourg: Report
The banks are also considering the tougher rules imposed by the European Union for conducting business outside of the eurozone, the Times said.
Jun 16, 2015, 13:00 PM IST
Job cut to have minimum impact on India: HSBC
Even though British lender HSBC Tuesday announced a mega plan to improve performance by culling up to 25,000 jobs globally, the impact of the global exercise is expected to be minimal for its operations here and some surprise benefits may also come in.
Jun 09, 2015, 20:14 PM IST
HSBC to cut up to 50,000 jobs, slash investment bank
HSBC will cut almost 50,000 jobs from its payroll, take an axe to its investment bank and shrink its risk weighted assets by $290 billion in an effort to improve its sluggish performance, Europe`s biggest bank said on Tuesday.
Jun 09, 2015, 11:27 AM IST
HSBC to shrink asset base by $290 billion; sell units in Brazil, Turkey
HSBC also set its new target for return on equity at greater than 10 percent by 2017, down from its previous target of 12-15 percent by 2016.
Jun 09, 2015, 10:04 AM IST
Foreign outflows to continue as other mkts become attractive: HSBC
The potential for equity outflows has increased, with foreign positions looking "stretched" in India, said the global brokerage.
Jun 07, 2015, 11:05 AM IST
Swiss prosecutors close HSBC case, bank to pay more than $40 mn
Swiss prosecutors Thursday closed an investigation into allegations British banking giant HSBC's Geneva branch helped clients evade millions of dollars in taxes, after the bank agreed to pay tens of millions in compensation.
Jun 04, 2015, 23:04 PM IST
HSBC must face US lawsuits over $34 billion mortgage debt losses
HSBC Holdings Plc was on Monday ordered to face three U.S. lawsuits accusing it of breaching its duties as a trustee overseeing residential mortgage-backed securities that suffered more than $34 billion of losses in the global financial crisis.
Jun 02, 2015, 07:12 AM IST
'HSBC set to cut thousands of jobs globally'
HSBC Holdings Plc is planning to cut thousands of jobs globally and is set to make an announcement next week, Sky News reported on Monday, citing unidentified sources.
Jun 02, 2015, 07:05 AM IST
HSBC getting new trial in securities class action lawsuit
A federal appeals court has awarded HSBC a new trial in a securities class action suit that ended with a USD 2.46 billion judgment against the company.
May 22, 2015, 23:44 PM IST
El Nino may tie Rajan's hand in medium-term: HSBC
Foreign brokerage HSBC on Wednesday said the Reserve Bank will go for a 25 bps cut in repo rates in June 2 policy review but the El Nino impact may curtail the prospect of further cuts in the coming months.
May 20, 2015, 18:03 PM IST
Black money: Dossier on 15 entities with government
The Supreme Court constituted Special Investigation Team (SIT) on black money has received a new dossier on tax related business information on about 15 entities which have allegedly stashed illicit money abroad.
May 20, 2015, 15:46 PM IST
CAD likely to be 1.5% in 2015-16: HSBC
The CAD in the first half of fiscal year 2014-2015 was 1.9 percent of GDP (USD 18 billion).
May 19, 2015, 18:31 PM IST
HSBC subsidiary announces sale of 10% stake in Chinese bank
Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on Tuesday announced the sale of a 10 percent stake in China`s Industrial Bank in a transaction that could be worth $4.74 billion.
May 12, 2015, 22:35 PM IST
