hsbc
- World
EU fines 4 banks USD 390M in foreign exchange trading cartel
Brussels: The European Union said on Thursday that it has fined four major banks a combined USD 390 million for colluding in a foreign exchange spot trading cartel that allowed them to…
- Middle East
UAE: HSBC sets world record for ‘most nationalities reciting a poem’
Abu Dhabi: HSBC Bank set a new Guinness World Record for the ‘most nationalities reciting a poem’, on the eve of UAE’s Golden Jubilee celebrations, on Wednesday. Fifty of its employees from…
- Business
HSBC appoints Hitendra Dave as its India CEO
Mumbai: HSBC has appointed Hitendra Dave as the CEO of HSBC India, subject to regulatory approval. In a statement, the company, he will be the CEO post the regulatory approval and has been…
- Jobs
HSBC puts 35,000 job cuts on hold
London: British multinational investment bank, HSBC announced on Tuesday that it has paused plans to cut 35,000 jobs, saying it does not want to leave staff unable to find work elsewhere during the…
- Business
HSBC axes 35,000 jobs as profits slump
LONDON: Asia-focused banking giant HSBC on Tuesday axed 35,000 jobs, far more than expected, and posted slumping annual profits, as it warned over the financial impact of the deadly coronavirus. Pre-tax profits…
- Jobs
HSBC planning to cut 10,000 more posts: Financial Times
HONG KONG: HSBC is planning to lay off up to 10,000 staff, a report said Monday, just weeks after announcing the resignation of its chief executive and the cutting of 4,000 posts citing…
