Tuesday, Sep 29, 2020 | Last Update : 04:39 AM IST

188th Day Of Lockdown

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hsbc

HSBC to cut around 35,000 jobs

The bank will maintain a freeze on almost all external recruitment, CEO Noel Quinn said in the memo sent to bank’s 2,35,000 staff worldwide

17 Jun 2020 11:51 AM

HSBC’s pre-tax profit falls 48% as virus batters global economy

Lender reported pre-tax profits of $3.2 billion, down 48 percent citing credit losses from clients hit by the economic slowdown

28 Apr 2020 10:34 AM

HSBC third-quarter pre-tax profit falls 18 per cent, misses forecasts

The profit was lower than the USD 5.3 billion average of analysts’ estimates compiled by the bank.

28 Oct 2019 11:22 AM

HSBC to cut up to 10,000 jobs in drive to slash costs: report

The plan represents the lender’s most ambitious attempt in years to cut costs.

07 Oct 2019 9:45 AM

Aramco likely to give IPO roles to Citi, Goldman, HSBC: source

Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.

09 Sep 2019 12:13 PM

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EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund mangers

The appointment of the fund managers for another term of three years has been pending with the EPFO since April last year.

15 Aug 2019 4:07 PM

HSBC says CEO Flint steps down, pre-tax profit up 15.8 per cent

Flint's departure was revealed as HSBC said it was facing an ‘increasingly complex and challenging global environment.’

05 Aug 2019 9:49 AM

NCLAT dismisses contempt petition against Anil Ambani over RCom payment default

A bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.

23 Jul 2019 3:23 PM

As Fed rate cut looms, HSBC favours China shares over India

Shanghai shares have gained 17 per cent so far this year. But they slid about 7.6 per cent between early May and early June.

11 Jul 2019 12:30 PM

Indian companies optimistic about their growth prospects: HSBC

Survey showed that businesses in India are very optimistic about their growth prospects, despite subdued macro-economic conditions.

26 Jun 2019 3:05 PM

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11 Indians get notices from Switzerland to share bank info

The two Indians whose names have been mentioned in full are Krishna Bhagwan Ramchand and Kalpesh Harshad Kinariwala.

27 May 2019 11:01 AM

HSBC warns on China, Britain slowdown as 2018 profit disappoints

HSBC’s profits in Asia grew by 16 per cent to USD 17.8 billion last year, accounting for 89 per cent of the group profit.

19 Feb 2019 2:31 PM

HSBC's 2018 profit misses estimates; China weakness poses growth risks

HSBC reported a profit before tax of USD 19.9 billion for 2018 compared with USD 17.2 billion the year before.

19 Feb 2019 11:21 AM

US probe of China's Huawei includes bank fraud accusations

The probe included whether Huawei used HSBC to conduct illegal transactions involving Iran.

07 Dec 2018 9:53 AM

Govt hopes to receive HSBC account data in 10 days

On the HSBC list, undisclosed income of Rs 8,448 crore was detected with a tax demand of Rs 5,447 crore.

08 Aug 2018 8:28 AM

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HSBC first-half pretax profit rises 4.6 pc, second-quarter beats estimates

HSBC reported a pretax profit of USD 10.7 billion in the six months through June, up from USD 10.2 billion.

06 Aug 2018 10:42 AM

HSBC appoints Surendra Rosha as India CEO

He is currently HSBC's Head of Financial Institutions Group (FIG) for Asia-Pacific.

30 Jul 2018 12:04 PM

RBI may hike rates further to check inflation, says HSBC

Expectations for Fed rate hikes have increased further in recent weeks.

25 Jun 2018 1:42 PM

‘Hand of government’ helps Q4 growth: HSBC

Exports, private consumption numbers disappoint.

04 Jun 2018 12:53 AM

Reliance Infratel withdraws petition for permission of asset sales

The RCom group firm's petition was also backed by public sector lender SBI at NCLAT.

29 May 2018 5:48 PM

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