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HSBC chief executive announces unexpected retirement

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HSBC hit with £57 million fine for not protecting deposits

HSBC neglected to adequately protect customer deposits from around 2015 to 2022, leading to the PRA issuing its second largest fine ever.

30/01/2024

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Which UK savings accounts pay the highest interest rates?

Euronews Business compares challenger and high street UK savings accounts to see which ones pay the highest interest rates.

05/01/2024

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These banks have poured trillions of euros into fossil fuel expansion

Funding for polluting industries far outstrips support for climate change mitigation, a new report shows.

04/09/2023

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HSBC to buy the UK subsidiary of collapsed Silicon Valley Bank

HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector.

13/03/2023

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Euroviews. One of the world’s biggest banks invests billions in deforestation

A Global Witness investigation reveals for the first time how the financial decisions of global banks contradict their public commitments.

28/10/2021

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Household banks are funding deforestation despite climate promises

Which banks should you leave if you don’t want to fund deforestation? A financial investigation has found the worst offenders.

21/10/2021

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Euroviews. A circular economy is within reach if European businesses grasp the opportunity ǀ View

Momentum is growing behind the idea of the circular economy, but it is still a distant ideal if European businesses don't grasp hold of the opportunity it presents.

03/03/2020

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HSBC reveals shocking gendar pay gap

It's revealed there's a huge gap between what men and women earn.

16/03/2018

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Business Series

HSBC to hire 1000 new staff in China

Despite slowing Chinese growth HSBC still sees it as a solid bet and will hire a further 1000 staff this year.

24/03/2017

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HSBC names AIA's Mark Tucker as new chairman

Experienced Asia hand Mark Tucker is to take over as chairman of HSBC at the start of October replacing Douglas Flint.

13/03/2017

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HSBC's profits plunge dragging down share price

Europe's biggest bank HSBC saw annual pre-tax profit slump 62 percent with hefty writedowns and warned its revenues could fall again this year.

21/02/2017

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HSBC to move 1,000 staff from London to Paris after Brexit

HSBC, Europe's biggest bank, plans to shift around 1,000 workers, who generate around 20 percent of its trading revenue to Paris, post-Brexit.

18/01/2017

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Business Series

HSBC to buy back shares amid profit slump

HSBC.,Europe's biggest bank, just reported a 29 percent drop in pretax profits for the first half of 2016 and will buy back $2.5 billion worth of shares.

03/08/2016

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HSBC post unexpected quarterly loss, confirms 'princeling' probe

HSBC confirms it's part of US regulators probe into hiring of people tied to Asian government officials, announces lower than expected profit, warns of "bumpier financial environment" from China slowd

22/02/2016

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Financial world ponders impact of a 'Brexit'

As Britain's future membership of the European Union hangs in the balance the financial world is looking on nervously with banking and business leaders concerned about the impact a 'Brexit'.

19/02/2016

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London beats Hong Kong to keep HSBC headquarters

HSBC has decided to keep its headquarters in Britain. The unanimous decision by the board of Europe's biggest bank rejected the idea of shifting to Hong Kong.

15/02/2016

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Business Series

HSBC freezes salaries and hiring

Europe's largest lender, HSBC, has confirmed it is imposing a hiring and pay freeze across the bank globally in 2016.

01/02/2016

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Switzerland: HSBC whistleblower jailed for five years

A former HSBC bank employee, who leaked information on clients and their tax situation, has been jailed for five years. Herve Falciani, who worked

28/11/2015

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HSBC quarterly profits exceed expectations

Europe’s biggest bank HSBC has seen profits jump by a third in the third quarter, to $6.1 billion (5.5 billion euros). The results, which exceeded

02/11/2015

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HSBC to axe up to 25,000 jobs

HSBC announces up to 25,000 jobs are to be cut worldwide, including 8,000 in the UK. Businesses in Brazil and Turkey are expected to be axed.

09/06/2015