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May 29, 2012 at 15:16 | Source: Money Rediff
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DUBAI (Reuters) - HSBC's (HSBA.L) proposed merger of its Omani business with Oman International Bank OIB.OM has been halted by the Gulf Arab state after a creditor of the British bank filed an objection to the tie-up citing a pending lawsuit.
May 24, 2012 at 08:19 | Source: Reuters UK
Officials at HSBC Bank USA N.A. confirmed Thursday that 77 employees in Western New York will lose their jobs this fall. The entire U.S. anti-money laundering monitoring team in Buffalo will be laid off between Sept. 18 and Oct. 18. The bank ...
May 24, 2012 at 18:35 | Source: The Business Journal
HSBC doubled its target on Thursday for additional revenue that the bank plans to achieve by referring more clients between its investment banking and commercial banking units. HSBC said it would generate an additional $1 billion in revenue ...
May 17, 2012 at 11:05 | Source: New York Times
HSBC Bank USA is laying off 77 employees in its money-laundering prevention unit in Buffalo this fall and moving the jobs to New York City and Delaware, as the British-owned bank faces intense scrutiny and heavy criticism in Washington over ...
May 25, 2012 at 01:23 | Source: Buffalo News
NEW YORK, May 23, 2012 (BUSINESS WIRE) -- A partnership between HSBC Alternative Investments Limited (HAIL) and Edge Fund Advisors (Edge) has purchased 4 New York Plaza, Manhattan, New York for an undisclosed amount from Harbor Group International.
May 23, 2012 at 10:22 | Source: Marketwatch
A partnership of HSBC Alternative Investments Ltd. and Edge Fund Advisors bought 4 New York Plaza, a lower Manhattan office tower that houses offices of JPMorgan Chase & Co. (JPM) and the New York Daily News. The partners paid $270 million for ...
May 23, 2012 at 13:50 | Source: Bloomberg
Robert Gray, chairman of debt management and advisory at HSBC Holdings Plc, said the European Union’s decision that sovereign bond issuers should include collective action clauses in terms of their debt is positive. Collective action clauses ...
May 25, 2012 at 15:28 | Source: Businessweek
Oman International Bank SAOG (OIBB)’s merger with HSBC Holdings Plc (HSBA)’s operations in the Arab country is proceeding on schedule, Al Watan reported, without saying how it obtained the information. The Muscat-based bank will elect a new ...
May 29, 2012 at 07:16 | Source: Bloomberg
China. The No. 2 economy on earth. Is it their turn to crash and burn? Long term value conscious investors can buy emerging market stocks at a steal. The uncertainties within the majors, especially China, have the iShares MSCI Emerging Market ...
May 24, 2012 at 17:31 | Source: Forbes
LONDON (AP) -- HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say. The Times and the Financial Times reported Friday that the new British ...
May 28, 2012 at 13:37 | Source: Yahoo Finance