HSBC

HSBC buys failed US bank SVB’s UK arm for £1

LONDON: The UK arm of failed US lender Silicon Valley Bank has been sold to… Read More

Bank sends over 100 staff home over coronavirus case

The possibility of the coronavirus spreading across the finance industry is worrying regulators, who fear… Read More

Banking giant axes 35,000 jobs as profits slump

Pre-tax profits tumbled by a third to $13.3 billion (12.3 billion euros) in 2019 from… Read More

London City’s finance hub braces for possible Brexit

LONDON: With one month to go before Britain's vital in-out EU referendum, London's City finance district… Read More

Credit Suisse CEO defends bank over Panama Papers

HONG KONG: The CEO of Credit Suisse said Tuesday the bank does not endorse offshore… Read More

Swiss authorities probe seven banks for price fixing in metals market

GENEVA: Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four… Read More

Meezan Bank signs agreement to acquire HSBC Bank Oman

KARACHI: Karachi-based Meezan Bank Ltd has signed an arrangement with the Pakistani unit of HSBC… Read More

Scandal-hit global bank plans thousands of job cuts: report

LONDON: Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations,… Read More

HSBC subsidiary announces sale of 10pc stake in Chinese bank

HONG KONG: Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on… Read More

HSBC sorry for website porn link

HONG KONG: Banking giant HSBC apologised for a website blunder on its Hong Kong page… Read More

Meezan Bank studies purchase of HSBC Bank Oman's Pakistani unit

KARACHI: Karachi-based Meezan Bank Ltd has received regulatory approval to study the acquisition of the… Read More

World stocks inch towards all-time high

LONDON: World shares were within touching distance of an all-time high on Monday, spurred on… Read More

Pakistan’s fight against current account deficit

Pakistan is currently fighting to contain the current account deficit, with plans underway to raise… Read More