vn insurance benefits from foreigners

VN insurance benefits from foreigners

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

US fines Deutsche Bank, UBS and HSBC over market manipulation

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

HSBC to pay US$352m to avoid French tax fraud trial

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

Rose returns to top 10 after Shanghai triumph

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

Techcombank temporarily fixes foreign ownership limit at zero per cent

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

HSBC bank promotes John Flint to chief executive

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

US fines HSBC US$175 million for lax forex oversight

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.
hsbc suffers 75000 loss due to loose management of staff

HSBC suffers $75,000 loss due to loose management of staff

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) suffered a loss of VND1.7 billion ($74,800) due to its loose management of credit staff, who made fake documents for clients to borrow unsecured consumer loans through credit cards.
aia and hsbc form new bancassurance partnership

AIA and HSBC form new bancassurance partnership

On May 16, AIA (Vietnam) Life Insurance Co., Ltd. (AIA Vietnam) and HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) announced a landmark bancassurance partnership that will deliver world-class services and greater value to customers in Vietnam, offering a diverse range of insurance and financial solutions.  
aia group names new ceo

AIA Group names new CEO

AIA Group Limited on March 13 announced that its group chief executive and president, Mark Tucker, had informed the board of directors of the company of his intention to retire from his executive positions with the company and its subsidiaries and take up the role of non-executive group chairman of HSBC Holdings plc.
hsbc faces customer backlash for high fees and poor services

HSBC faces customer backlash for high fees and poor services

Beside overpriced service fees, HSBC has received several complaints about the staff’s unfriendly attitude from its customers.
how much expats really earn in vietnam

How much expats really earn in Vietnam

The HSBC’s Expat Explorer survey reveals the average income of foreigners working here, and it's not bad at all.
vietnam ranks second among asean destinations for expats

Vietnam ranks second among ASEAN destinations for expats

Viet Nam ranks second among six rated ASEAN countries and 19 globally in HSBC's 2016 Expat Explorer league table of 45 host countries.
rmb devaluation makes little impact on vietnams trade

RMB devaluation makes little impact on Vietnam’s trade

Benny Cheung, head of global markets at HSBC (Vietnam) in Ho Chi Minh City shared with VIR his views on the yuan’s three-consecutive devaluations and their impact on the Vietnam’s economy as a result.
us probes banks in fifa scandal sources

US probes banks in FIFA scandal: Sources

US regulators are probing large banks including Credit Suisse, Deutsche Bank and HSBC over their possible handling of tainted funds in the FIFA corruption scandal, according to sources familiar with the matter.