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HSBC also Expresses its Concerns over “Earth Hour”
HSBC-Expresses.jpg"Earth-Hour" an annual international event, initiated by WWF World Wild Life Fund in 2007, has been successful this year also, as major cities in the world decided to switch off all...
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Bad Debts Fall Bringing FQ Profit to HSBC
HSBC-Bad-Debts.jpgHSBC Holdings stated that its underlying profits in the first three months of this year were pretty in advance of one year ago, which has been increased by a sharp drop in bad debts,...
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RBS on a Selling Spree to Make Profits
RBS-Selling-Spree.jpgYesterday, the Royal Bank of Scotland traded its commercial and retail banking venture in India to its competitor, HSBC in a $95 million contract.The bank has also finished the...
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Major Banks Planning To Leave UK
Michael-Geoghegan.jpgThough, the current HSBC Head Michael Geoghegan has no plans of quitting, still there are worldwide rumors that Global Head for Investment Banking, Mr. Gulliver is likely to be his...
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Taxpayers Highly Ignorant, Claims Survey
Taxpayers-Highly-Ignorant.jpgA recent survey conducted by HSBC has highlighted the presence of widespread ignorance and indifference amongst taxpayers in the country. The HM Revenue & Customs is...
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China manufacturing witnessed a five-month high said HSBC
HSBC.jpgAs per an independent survey which was published on Wednesday China manufacturing had hit a five-month high in the month of September because of a rise in new orders and production in the...
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China's Interest Hikes Cited to Nudge Capital Controls in Asia
HSBC-bank.jpgMarket analysts have revealed that sudden hikes in the interest rates in China would surely not be witnessed anywhere else in Asia. However, it is likely that it could bolster capital...
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'Double Taxation', Raises Concerns
Angela-Knight.jpgThe issue of double taxation is to hit some very big British banks like the Barclays, HSBC and Royal Bank of Scotland. This new scheme is likely to make the banks pay some taxes.read more
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Doubts over banks migration weakens
HSBC.jpgEuropean watchdog have watered downstairs new-fangled bonus regulations in a budget that will dispel doubts above a mass departure of full-size global banks for instance HSBC as of the UK.read...
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Banks to Make Huge Bonus Payments
HSBC.jpgThe bonus payment is going to get delayed in HSBC for its investment bankers. They are normally paid their bonus in mid-February are going to get the bonus somewhere in later March. They have...
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China’s trade surplus is less than its forecast, in the month of December
China-trade.jpgChina had posted a less-than-forecast thirteen billion and ten million dollars trade surplus for December, heightening up the country’s bargaining position ahead of a Jan. 19 meeting...
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Project Merlin can be a success; it has to avoid the past mistakes
Project-Merlin.jpgThis past week Mr. George Osborne made a declaration at the House of Commons. He said that the 4 largest and prestigious banks of the United Kingdom – the HSBC, RBS, Barclays and...
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Mr. Cheng to retire in May
Vincent-Cheng.jpgVincent Cheng the 62 year old executive director of the U. K. based banker HSBC Holdings PLC will retire in the month of May ending a decade long career. In a statement released by the...
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HSBC Rubbishes Reports of the Bank Moving to Hong Kong
HSBC1.jpgReports doing the rounds that HSBC is planning to relocate its head office to Hong Kong from London for tax reasons have been denied by the financial institution. The biggest bank in Europe...
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Concrete Truth: Owning a Home is Still a Distant Dream for Many
HSBC.jpgOwning a small and perfect home that they can call of their own is the dream of almost everyone, but sadly only few of them are able to realize it, according to the conclusions drawn from the...
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HSBC’s New Proposal
hsbc.jpgRather than tweaking those existing policies, the Chairman of HSBC’s remuneration committee this time has announced a new approach to executive pay.read more
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HSBC’s Spin Off Gets New Name but Remains Business Partner
HSBC.jpgHSBC Specialist Investments Limited’s management team has purchased a majority interest in the business and given it the new name of InfraRed Capital Partners.read more
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HSBC Holdings Plc’s Profits Increase as Taxes and Loans Decrease
hsbc.jpgHSBC Holdings Plc., Europe’s largest bank has stated that Monday’s reduced taxes and the fall in bad-loan charges, has enabled it to raise its first-quarter net profit by 58%.Though the...
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HSBC and its Issues
HSBC.jpgHSBC has been witnessing a number of problems, but still it managed to earn a profit of $5 billion in its third quarter. While talking about the issues that have been prevailing in the HSBC, a...
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China Witnesses Growth in Manufacturing Sector
HSBC-china.jpgIt has been revealed in a survey of private factory managers that manufacturing sector in China has been witnessing a healthy rise. The survey has revealed that the sector has witnessed...
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