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HSBC Holdings PLC (HBC) announced Tuesday that it had launched six new offshore yuan currency trading crosses. These six crosses are the rates against the offshore yuan, known as CNH, for the euro, sterling, the Hong Kong dollar, the Singapore dollar, the ...
May 21, 2012 at 23:54 | Source: 4-traders (press release)
led declines in Chinese solar companies trading in New York after HSBC Holdings Plc reduced (STP) its price estimate on the shares. The Bloomberg China-US Equity Index (CH55BN) of the most-traded Chinese companies in the U.S. fell 0.7 percent to ...
May 25, 2012 at 15:56 | Source: Businessweek
HSBC Holdings Plc (HSBA)’s Turkish unit will expand loans 20 percent this year, compared with a growth of 15 percent to 20 percent expected in the industry, Taylan Turan, deputy chief executive responsible for personal banking at HSBC Bank AS ...
May 17, 2012 at 23:58 | Source: Businessweek
On Friday, British banking giant HSBC Holdings plc (HBC) concluded the sale of its 195 branches, mostly located in the upscale New York, to First Niagara Bank, N.A., a wing of First Niagara Financial Group Inc. (FNFG), for approximately $1 ...
May 21, 2012 at 19:57 | Source: Yahoo Finance
HONG KONG – Hong Kong will remain the leading yuan market outside China and will be complemented rather than rivalled by London as the offshore market develops, HSBC Holdings PLC (HBC) Hong Kong Chief Executive Anita Fung said Wednesday.
May 23, 2012 at 08:49 | Source: FOXBusiness
HSBC Holdings Plc (HSBA), Europe’s largest bank, named Eleni Vrettou as head of global banking for Greece after Dimitris Politis left to join Credit Suisse Group AG (CSGN)’s private bank. Vrettou will assume the position in June, an HSBC ...
May 22, 2012 at 12:11 | Source: Bloomberg
The U.S. subsidiary of London-based HSBC Holdings PLC disclosed the cuts in a Worker Adjustment and Retraining Notification (WARN) filing with the state Department of Labor. The bank indicated that it would be closing the Anti-Money Laundering ...
May 25, 2012 at 01:23 | Source: Buffalo News
HSBC Holdings PLC (NYSE:HBC) has raised the prospect of selling its British retail banking operation if new regulations prove too demanding, The Times in the U.K. reported Friday. Stuart Gulliver, chief executive of the global banking group ...
May 18, 2012 at 01:31 | Source: Marketwatch
(RTTNews.com) - HSBC Holdings Plc (HBC, HSBA.L) has completed the sale of its 195 retail branches, primarily in Upstate New York, to First Niagara Bank, N.A. for around $0.9 billion, the UK-based lender said in a regulatory filing with the Hong Kong Exchange.
May 21, 2012 at 02:32 | Source: NASDAQ
HONG KONG May 29 (Reuters) - Hong Kong shares were set to start lower on Tuesday, with Europe's largest bank, HSBC Holdings Plc, weaker after a surge in Spanish borrowing costs became the latest worry for investors watching for spillover effects in Asia.
May 29, 2012 at 01:25 | Source: Reuters UK