Hsbc Bank
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HSBC appoints Indian-origin strategy expert in United Kingdom
Business | May 31, 2020, 06:37 PM ISTLondon-headquartered HSBC has appointed an Indian-origin strategy expert to chart the bank’s growth plans in a post-pandemic scenario.
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HSBC set to cut up to 10,000 jobs in drive to slash costs: Report
Business | Oct 07, 2019, 09:01 AM ISTHSBC Holdings Plc is planning to cut up to 10,000 jobs 'high paid' as part of a major cost-cutting drive as interim Chief Executive Officer Noel Quinn is seeking to reduce costs across the banking group, according to Financial Times reports published on Sunday.
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HSBC lays off 150 employees from back offices in India
Business | Aug 22, 2019, 06:22 PM ISTWhen contacted, a bank spokesperson said, "HSBC is continually reviewing the shape of its workforce to ensure it can best serve its customers and other stakeholders."
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HSBC upgrades India to 'neutral'; targets Sensex in 2016 at 26,000
May 16, 2016, 03:48 PM ISTNew Delhi: Global brokerage major HSBC has upgraded Indian equity markets to "neutral", saying "green shoots" are emerging and has increased its Sensex target for the year to 26,000 from 25,000. According to the financial
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HSBC cuts Zomato valuation by 50 percent, investor Info Edge ‘respectfully disagrees’
May 09, 2016, 02:07 PM ISTNew Delhi: Technology startups seem to be gradually losing their edge after all the billion-dollar valuations made till last year. The latest to face the blow over cutting down investment is Zomato, the restaurant-discovery platform.
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Fly Now, Pay Later; SpiceJet offer tickets on EMI
Jul 23, 2015, 06:57 PM ISTGurgaon: Low cost airline SpiceJet today announced the launch of ‘Book Now, Pay Later', a convenient Equated Monthly Installment (EMI) scheme for fliers. This offer allows passengers to save significantly (up to 70% interest cost
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HSBC fires six employees for filming fake Islamic State style execution video
World | Jul 07, 2015, 09:46 PM ISTLondon: HSBC has fired six employees who staged a mock Islamic State group-style killing during a team-building exercise.The Sun newspaper reported Tuesday the footage posted online showed five workers wearing overalls and balaclavas laughing as
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HSBC could face US legal action over Swiss branch
World | Feb 11, 2015, 07:10 PM ISTLondon: HSBC may face investigation by US authorities and an inquiry by British lawmakers after admitting failings by its Swiss branch that may have allowed some customers to dodge taxes.US prosecutors have stepped up efforts
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Information can not be disclosed outside specific proceedings: Swiss government
India | Oct 30, 2014, 05:16 PM ISTNew Delhi/Berne: Amid a debate on disclosure of names of suspected black money holders, Switzerland on Thursday said information exchanged under the Swiss-India tax treaty cannot be disclosed “in principle” to a court or any
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HSBC Bank says it is serious on compliance with law
Nov 09, 2012, 09:21 PM ISTNew Delhi, Nov 9: HSBC Bank on Friday came out with a cautious reaction to Arvind Kejriwal's attack on alleged money laundering through its Geneva branch saying it takes compliance with the law very seriously.
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Investigate HSBC, BJP tells government
National | Nov 09, 2012, 05:09 PM ISTNew Delhi, Nov 9: Stating that it was the first to demand that black money stashed away abroad be brought back, the BJP Friday asked the government to investigate the operationss of HSBC bank in
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Centre May Move Against HSBC On Money Laundering Issue
Dec 18, 2011, 12:11 PM ISTNew Delhi, dec 18: The government is contemplating legal action against HSBC Bank for what is being described as the “active'' role of their executives in persuading Indian account-holders to open accounts to park undeclared
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HSBC Says Rupee Can Plumb To 58 Against Dollar
Nov 24, 2011, 08:49 PM ISTMumbai, Nov 24: The rupee can slide further and touch a level of Rs 58 a dollar in the near-term if the economic condition deteriorates in the Eurozone economies, top banking officials of HSBC Bank
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Pranab Rules Out Disclosing Names Of MPs Having Foreign Funds
India | Nov 01, 2011, 12:59 PM ISTNew Delhi, Nov 1: Finance Minister Pranab Mukherjee today ruled out disclosure of names of those persons, including three MPs, who have funds stashed in HSBC Bank in Geneva. Talking to newspersons here, Mukherjee said, "on
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Income Tax Crackdown On MPs, Industrialists Having Accounts In HSBC Bank, Geneva
India | Nov 01, 2011, 08:36 AM ISTNew Delhi, Nov 1: The Income Tax department is reported to have launched a crackdown on undisclosed account holders who have parked their money in HSBC Bank, Geneva.In a first of its kind crackdown against