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HSBC BANK CONTROVERSY
NSE IPO Effect: New India Assurance shares rally 14% on plans to offload over 1 crore shares in blockbuster offerNew India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) ...- NSE IPO: 7 PSU shareholders to offload 8 crore shares in mega public offerSeven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in the National Stock Exchange through ...
- Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
- HSBC lays off bankers on bonus day, no payouts givenHSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are par...
- ByteDance case: HSBC, Citi may move Bombay High CourtHSBC and Citibank are planning to approach the Bombay High Court and say that they had acted in a bona fide way as per the instructions of ...
- HSBC curbs profit and payout ambitions, bets on Asia wealthHSBC ditched its goal of achieving a return on tangible equity of 10 to 12%, and said instead it will aim for 10% over the medium term.
- HSBC denies reports that it 'fabricated evidence' on Huawei which led to the arrest of its chief financial officerThe HSBC statement comes a day after Chinese state media, including the communist party mouthpiece People's Daily, published reports accusi...
- From HSBC to Bangladesh Central Bank: Four times when a global network of financial laundering was uncoveredAs the controversial Panama Papers continue, here's a look at some other scandals.
- Former Prime Minister Indira Gandhi's secretary Yashpal Kapoor relieved“There were attempts to malign my father’s name and target anyone closely associated with Mrs Indira Gandhi,” Ashok Kapoor, son of the late...
- HSBC pre-tax net dips 11% as key verticals fare poorlyThe bank's overall revenue increased to USD 929 million from $870 million, it said in an interim report for the first six months of the yea...
- HSBC slashes Sensex target to 26900 for CY2015 from 30100; top 5 reasonsAfter turning underweight on Indian markets, HSBC slashed its Sensex target for the calendar year 2015 to 26,900 from 30,100.
- HSBC closing down accounts in Jersey for non-residentsHSBC faced criticism after three high-profile Muslim organisations, including Finsbury Park mosque, were told their accounts would be close...
- HSBC CEO also had a Swiss account; pay frozen after cut in 2014At the centre of a controversy over himself having a Swiss bank account, UK-based HSBC's CEO Stuart Gulliver will not get any salary hike t...
- Diamond tycoon Harshad Ramniklal Mehta under tax probe funded Kiran Bedi's NGOAn NGO run by Kiran Bedi received funds from `diamond king' Harshad Ramniklal Mehta, who is under investigation for evading taxes and stash...
- Indian, Swiss tax authorities expected to meet over controversial 'HSBC list'New Delhi wants to exert pressure following a pact between the world’s key economies, G20, for sharing information on bank accounts and tax...
- HSBC to send records to Swiss account-holders, process to take 3-6 monthsThe investigation wing of the tax office went after these account holders, the Centre approached the bank, and HSBC came under media glare.
- Foreign banks should play a role India's development: RBIReserve Bank Deputy Governor K C Chakrabarty today said MNC banks must play their roles in the nation's development.
- Stay on 'high alert' for more intervention from RBI: HSBC to investorsThe rupee could see resistance at 54 levels, a Reuters report said even as HSBC advised investors to expect more intervention from RBI.
- HSBC chief executive to quit in major shake-up: reportsHSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, rep...
- HSBC, Barclays to pay 2 bn pound bonus: ReportGlobal banking giant HSBC and financial services major Barclays are likely to payout bonuses of up to 2 billion pound in the next few weeks.
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