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  HSBC appoints Indian-origin strategy expert in United Kingdom

  Business | May 31, 2020 18:37 IST

  London-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 | October 07, 2019 9:01 IST

  HSBC 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 | August 22, 2019 18:22 IST

  When 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 15:48 IST

  New 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 14:07 IST

  New 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

  July 23, 2015 18:57 IST

  Gurgaon: 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 | July 07, 2015 21:46 IST

  London: 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 | February 11, 2015 19:10 IST

  London: 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 | October 30, 2014 17:16 IST

  New 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

  November 09, 2012 21:21 IST

  New 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

  Politics | November 09, 2012 17:09 IST

  New 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

  December 18, 2011 12:11 IST

  New 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

  November 24, 2011 20:49 IST

  Mumbai, 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 | November 01, 2011 12:59 IST

  New 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 | November 01, 2011 8:36 IST

  New 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