Nov 30, 2016 at 13:45 | Source: Reuters
The state-backed lender rushed out a statement following the announcement to say it would take a range of actions, including selling off bad loans and cutting costs to make up the capital shortfall identified by the tests of around 2 billion pounds (USD 2.49 billion).
Nov 19, 2016 at 11:48 | Source: Reuters
A US appeals court appeared unlikely on Friday to overturn an order requiring Nomura Holdings Inc and Royal Bank of Scotland Group Plc to pay USD 839 million for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.
Nov 16, 2016 at 12:40 | Source: Reuters
The claimants' filings allege senior managers were warned by internal risk experts for more than six months that overvalued toxic debt, including subprime mortgage bonds, had left the bank dangerously exposed to a collapse in US property prices.
Nov 15, 2016 at 19:54 | Source: PTI
The submission of data is mandatory for all active members of the exchanges, or those who have executed or cleared even a single trade during the period.
Nov 07, 2016 at 10:41 | Source: Reuters
The bank's reported pretax profit was USD 843 million in the September quarter, down from USD 6.1 billion in the same period a year ago, HSBC said in a Hong Kong stock exchange filing on Monday.
Oct 28, 2016 at 12:06 | Source: Reuters
The Edinburgh-based bank, more than 70 percent owned by the British taxpayer, reported a loss attributable to shareholders of 469 million pounds (USD 570.7 million), compared with a profit of 952 million pounds in the same period last year.
Oct 05, 2016 at 13:54 | Source: PTI
The leading stock exchange introduced a new risk-based model for supervision of market entities following regulator Sebi's directions.
Oct 04, 2016 at 09:24 | Source: PTI
The data for the period April 1 September 30 has to be submitted in electronic form only.
Sep 30, 2016 at 16:00 | Source: Reuters
Ring-fencing aims to avoid a repeat of the 2008 financial crisis, when banks' bad bets threatened ordinary depositors' cash, leading to big taxpayer-funded bailouts. The rules apply to all banks in Britain that have both retail and commercial or investment banking activities.
Sep 28, 2016 at 12:40 | Source: PTI
US authorities have accused major banks of misleading investors about the values and quality of complex mortgage-backed securities sold before the 2008 global financial crisis.