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Search Results: 273 results for keyword "HSBC".
Top ex-HSBC trader gets two years in 'front-running' fraud
27-04-2018 09:28
The former global head of cash currency trading at the British banking giant HSBC was sentenced Thursday to two years in prison for defrauding a client out of millions of dollars, the Justice Department said.
HSBC: Firms favour ‘home’ as protectionism bites
06-04-2018 12:53
Although rising protectionism is a concern to businesses worldwide, they are optimistic about international business prospects, a new report from HSBC called ‘Navigator: Now, next and how for business’ shows.
HSBC Global Research: CPTPP–It’s a deal
10-03-2018 10:59
As the TPP-11 countries has signed the CPTPP, it is well expected that the revised trade pact will give a big boost to the regional trade integration and open to new members in the future, including the US and Thailand, HSBC Global Research said in its latest report.
CPTPP to remove cross-border transaction barriers
10-03-2018 07:00
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has just been inked by ministers of the 11 member countries in Chile. All businesses expressed delight at this global milestone.
63 per cent of local firms expect positive impact from CPTPP
09-03-2018 14:02
63 per cent of businesses in Vietnam believe the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed today will have a positive impact on their operations, according to HSBC’s comprehensive survey of global businesses.
Techcombank adjusts FOL to 8.54 per cent to approach foreign investors
05-03-2018 10:31
Techcombank on March 3 announced at its annual general meeting (AGM) that it has lifted its foreign ownership limit (FOL) to 8.54 per cent in a quest to offload its treasury shares bought back last year from HSBC to foreign investors potentially from the US or the EU.
Former No 1 Ko shrugs off critics of 2018 backroom shake-up
01-03-2018 09:42
Former world number one Lydia Ko brushed off concerns on Wednesday (Feb 28) about changes to her backroom team and insisted she was poised to return to the top of her game.
Banks take on wealth management
16-02-2018 09:00
Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy. The development of this segment depends on legal backup from the central bank, banks’ competency and capability, and further market expansion.
VN insurance benefits from foreigners
08-02-2018 11:04
The participation of foreign investors in Viet Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.
US fines Deutsche Bank, UBS and HSBC over market manipulation
30-01-2018 09:54
US authorities on Monday (Jan 29) announced fines and charges against three major European banks and eight individuals accused of manipulating futures markets for precious metals.
HSBC to pay US$352m to avoid French tax fraud trial
15-11-2017 17:00
PARIS: HSBC Private Bank, a Swiss unit of banking giant HSBC, has agreed to pay €300 million (US$352 million) to avoid going to trial in France for enabling tax fraud, prosecutors said on Tuesday (Nov 14).
Rose returns to top 10 after Shanghai triumph
31-10-2017 11:00
PARIS: England's Justin Rose climbed seven places to sixth in the world rankings on Monday (Oct 30) after his stunning comeback victory at the WGC-HSBC Champions tournament in Shanghai.
Techcombank temporarily fixes foreign ownership limit at zero per cent
27-10-2017 10:01
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) announced a foreign ownership percentage of zero per cent followed by HSBC Bank’s divestment in July and its stakeholders’ request for temporary zero foreign ownership in late August.
HSBC bank promotes John Flint to chief executive
13-10-2017 14:55
British banking giant HSBC on Thursday said it had chosen John Flint, its head of retail banking and wealth management, to succeed Stuart Gulliver as chief executive, who is retiring.
US fines HSBC US$175 million for lax forex oversight
30-09-2017 13:00
WASHINGTON: The US central bank on Friday (Sep 29) fined global banking giant HSBC US$175 million for failing to oversee foreign exchange traders who misused confidential client information and colluded with traders at competing banks.
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