hsbc warns of east west divide on pensions

HSBC warns of East-West divide on pensions

Global banking giant HSBC warned of a "major East-West divide" over pensions on Thursday, as workers in Europe and the US struggle to match their Asian counterparts in adequately saving for retirement.

Citi, DBS and HSBC provide syndicated loans to Vietnam Airlines

Three banks of Citi, DBS and HSBC today joined together to provide a syndicated loan, to Vietnam Airlines for the purchase of eight Airbus A321-231S from Airbus.
first foreign banker to receive certificate of merit

First foreign banker to receive certificate of merit

HSBC Bank Vietnam’s chief has received a State Bank certificate of merit. Thomas Tobin is the first foreign banker to receive this award from Vietnam’s national banking authority.
hsbc targets five billion dollar markets in asia

HSBC targets five ‘billion dollar’ markets in Asia

HSBC expects India, Singapore and Malaysia/Indonesia to each deliver over $1 billion in profit before tax in the medium term, joining Hong Kong and mainland China as ‘billion-dollar’ businesses, to accelerate the bank’s growth in the region.
hsbc shares fall in hong kong after cost cut plans

HSBC shares fall in Hong Kong after cost-cut plans

Shares in HSBC fell in Hong Kong Thursday, a day after the banking giant announced plans to slash costs by up to $3.5 billion by 2013 and said it was considering selling its US branch network.
hsbc bank slashes costs as new boss stamps mark

HSBC bank slashes costs as new boss stamps mark

HSBC bank on Wednesday unveiled plans to slash costs by up to $3.5 billion within two years, as new boss Stuart Gulliver stamped his mark and drew a line under the global financial crisis.
hsbc bank to seek 25 35 bln of cost savings

HSBC bank to seek $2.5-3.5 bln of cost savings

Banking giant HSBC said Wednesday it will cut $2.5-3.5 billion (1.7-2.4 billion euros) in costs by 2013 as part of a strategic review, two days after unveiling mixed first-quarter results.
hsbc delivers mixed earnings before key strategy update

HSBC delivers mixed earnings before key strategy update

HSBC bank said on Monday that net profits surged 58 per cent to $4.15 billion in the first quarter on lower taxes and bad debts, as the Asia-focused giant prepared to deliver a key strategy review.
hsbc expands in hanoi

HSBC expands in Hanoi

HSBC Bank (Vietnam) yesterday expanded its local distribution by opening another new outlet in Hanoi, forming the 16th outlet after two years.
hsbc vietnam launches integrated receivables solution

HSBC Vietnam launches integrated receivables solution

HSBC Bank (Vietnam) yesterday introduced the new Integrated Receivables Solution (IRS) to their customers, turning the HSBC’s customers in Vietnam to be the first in the Asia Pacific region to be offered this innovative solution.
hsbc vietnam launches hottest red weekend offers

HSBC Vietnam launches hottest red weekend offers

HSBC Bank (Vietnam) is offering customers discounts from 30 to 50 per cent at hundreds of their preferred leading brands and merchants across Hanoi and Ho Chi Minh City.
hsbc vietnam gains remarkable profit

HSBC Vietnam gains remarkable profit

The foreign locally incorporated HSBC (Vietnam) reported on March 29 remarkable pre-tax profit in 2010 in the second operation year in Vietnam.
hsbc awarded best overall private bank

HSBC awarded Best Overall Private Bank

HSBC Bank (Vietnam) Ltd. has just been awarded the Best Overall Private Bank in Vietnam in the Euromoney Private Banking and Wealth Management Survey 2011.
hsbc confident in vietnams economic growth

HSBC confident in Vietnam’s economic growth

The UK-based Hong Kong and Shanghai Banking Corporation Limited (HSBC) recently predicted that Vietnam’s economy would see positive growth this year.
hsbc eyes moving hq to hong kong

HSBC eyes moving HQ to Hong Kong

Asia-focused banking giant HSBC is considering quitting London for Hong Kong in a shock move, said The Sunday Telegraph newspaper.