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HSBC NEW CHAIRMAN
Public sector banks told to take quantum leap in encryption for added securityIndian banks are preparing for a quantum computing future. The finance ministry has asked public sector banks to explore quantum-resistant ...- Mumbai’s skyline is soaring. So is the pressure on housingMumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu V...
- India Inc pulls back a bit from Gulf as cracks widen across operationsIndian consumer companies are scaling back West Asian operations due to steep losses and a fivefold surge in container costs amid the US-Is...
- HSBC appoints Brendan Nelson as new chairman to replace Mark TuckerHSBC Holdings has appointed Brendan Nelson as its new chairman. Nelson takes over from Mark Tucker, who has returned to AIA Group. Nelson p...
- HSBC interim chair Nelson ruled himself out of permanent role, CEO saysHSBC's interim chairman Brendan Nelson will not take the permanent role. The bank's CEO, Georges Elhedery, confirmed this. HSBC's board is ...
- HSBC first-half profit slumps 26% as China losses mountHSBC Holdings reported a 26% drop in first-half pretax profit, missing analyst estimates due to losses from its Bank of Communications stak...
- Julius Baer close to appointing ex-HSBC CEO Quinn as its chair, Bloomberg News reportsSwiss bank Julius Baer is nearing the appointment of former HSBC CEO Noel Quinn as its next chairman, according to Bloomberg. This comes af...
- Tata Steel appoints 2 new independent directorsAman Mehta was a CEO of HSBC Asia Pacific region. He retired from HSBC in 2004 and now is occupied with corporate governance, board and adv...
- HSBC set to nominate AIA's Mark Tucker as next chairman: SourcesA spokeswoman for the bank, Heidi Ashley, said HSBC will nominate a chairman this year, as announced at its annual meeting.
- HSBC says bonus for chairman capped at $1.7 millionHSBC's remuneration committee said any share-based bonus for Chairman Douglas Flint this year would be capped at 1 million pounds.
- Arvind Kejriwal's 'expose': Top corporate honchos like Ambanis, Burmans have Swiss accountsKejriwal has struck again, accusing leading Indian businessmen of stashing away millions of dollars and the government of doing little to r...
- HSBC's chairman Green to quit, join UK govtHSBC Holdings chairman Stephen Green plans to step down and become trade minister for the UK government, according to a person with knowled...
- Marsh acquires HSBC Insurance Brokers for 135 mn poundsUS-based insurance broker Marsh today said it will acquire HSBC Insurance Brokers (HIBL) for 135 million pounds (around Rs 1,000 crore) in ...
- HSBC puts 'Negative' rating on Larsen & ToubroHSBC has downgraded the rating of Larsen & Toubro to 'Negative ' over the Satyam stake purchase.
- 'HSBC would consider some Citigroup assets'HSBC Holdings chairman Stephen Green said the London-based bank would consider buying the ‘right’ assets of Citigroup, as the US bank faces...
- HSBC declines strategic review callEuropes biggest bank, HSBC Holdings, rejected a new call from an investor to hold a strategic review and to re-examine its corporate govern...
- Canara, HSBC, OBC jointly set up life insurance companyCanara Bank, Oriental Bank of Commerce (OBC) and HSBC Insurance (Asia-Pacific) Holdings Ltd have signed an agreement to jointly establish a...
- HSBC to set up Indian insurance JVHSBC Holdings has signed an agreement to form an insurance venture with two state-owned banks.
- Canara, OBC in insurance JV with HSBCPublic sector banks - Canara Bank and Oriental Bank of Commerce (OBC) - on Monday joined hands with the insurance arm of HSBC to set up a l...
- Canara Bank to raise $100 mn via bonds in MarchThe process would be completed before the end of this fiscal.
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