HSBC

NY attorney general sues HSBC over foreclosures

15 days ago

New York's attorney general is suing HSBC Bank USA and HSBC Mortgage Corp., claiming they're failing to set timely foreclosure settlement conferences required by state law.

HSBC to make up to $3 billion in new cuts

35 days ago

In a statement Wednesday, HSBC PLC Chief Executive Stuart Gulliver said the cuts are part of a cost-saving strategy which has already seen 52 peripheral or underperforming units close.

HSBC announces $2 billion to 3 billion in new cuts

35 days ago

HSBC has announced it is seeking a further $2 billion-$3 billion in cost savings as it continues to trim its global empire - a move analysts say could come at the cost of additional jobs.

Asia stocks rise after Wall Street hits record

43 days ago

Hong Kong's Hang Seng added 0.6 percent to 23,186.94, driven by a 1.5 percent rise in locally listed shares of HSBC Holdings.

HSBC Q1 profits more than double to $6.35 billion

43 days ago

The HSBC banking group saw its net profits more than double in the first quarter, jumping to $6.35 billion from $2.58 billion in the same period of 2012.

HSBC sells US consumer, homeowner loans for $3.2B

106 days ago

HSBC, Europe's largest bank, is selling two portfolios containing U.S. consumer and homeowner loans for about $3.2 billion in cash as it looks to minimize its exposure in the country.

Ben Bernanke suggests fraud in Libor interest rate

133 days ago

J.Adding to mounting distrust, London-based HSBC Holdings acknowledged before and during Tuesday's parallel hearing that its lax controls had allowed Mexican drug cartels to launder their illicit...