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  HSBC rejects Hong Kong move, to keep headquarter in London

  February 16, 2016 9:37 IST

  New Delhi: One of the largest banking and financial services organisations in the world, HSBC Bank, has decided to keep its headquarters in Britain, rejecting the option of shifting its centre to Hong Kong after

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  61% Indians aged 45-plus 'want to retire' in next 5 years: Survey

  India | February 01, 2016 8:14 IST

  Mumbai: Nearly 61 per cent working population in India aged 45 plus want to retire in the next five years, with the majority saying work-related pressure is affecting their mental and physical health. Also, financial

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  HSBC to shut down private banking business in India

  November 28, 2015 0:08 IST

  Mumbai: Global banking major HSBC today announced shutting down of its private banking business in India that offers wealth management services."After a strategic review of our global private banking operations here, we have decided to

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  Ex-HSBC employee Herve Falciani convicted of leaking bank data, sentenced to 5 years

  World | November 27, 2015 23:22 IST

  Geneva: A Swiss court has convicted in absentia a former employee with international bank HSBC for economic espionage and sentenced him to five years in prison.Herve Falciani, 43, was on trial for leaking bank data

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  Black money: ED scanner on Indians named in HSBC list

  November 22, 2015 13:29 IST

  New Delhi: In the 'stolen' Swiss HSBC bank black money list, the Enforcement Directorate has begun a preliminary investigation in these cases for an independent hawala and money laundering probe.The agency recently has begun obtaining

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  HSBC whistleblower Falciani making 'wrong hue and cry': India

  November 03, 2015 18:20 IST

  New Delhi: Rejecting HSBC whistleblower Herve Falciani's accusation that Indian authorities are sitting on black money information, India today said he is raising a "wrong hue and cry" and asserted that details on illicit funds

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  Rural inflation running higher than urban: HSBC

  October 22, 2015 18:50 IST

  New Delhi: Notwithstanding the fact that overall inflation has fallen strikingly in last few months, its benefits have not been equally distributed with the rate of price rise running higher in rural areas than in

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  Indians exceed estimates most for foreign studies: Survey

  India | September 09, 2015 19:19 IST

  Mumbai:  As more people seek education abroad, an HSBC survey has found that parents end up spending much higher amounts than the estimated cost for their children's undergraduate studies overseas due to lack of realistic

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  Cooperating with Indian authorities on Swiss account probe: HSBC

  August 03, 2015 18:50 IST

  London : Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.The bank also disclosed a number of other

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  RBI to hold rates on Tuesday; cut likely in September

  July 31, 2015 14:12 IST

  New Delhi:  Reserve Bank is likely to pause on rates at its ensuing meeting next week, but may go for a rate cut by the end of the year, as further clarity on the monsoon

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  They care: 5 Indian companies that have excellent maternity policies

  Lifestyle | July 03, 2015 18:30 IST

  While globally, the companies have started enduring their female staff more by proffering ‘female-friendly' policies; lately India Inc. has also joined the bandwagon.  Understanding ladies' dual yet equivalent responsibilities towards their children and the extra

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  Manufacturing to remain slow: HSBC index

  July 02, 2015 8:50 IST

  Mumbai: Future manufacturing may remain sluggish in India due to declining output and new order flow, including from overseas and fall in order-to-inventory ratio while robust capital goods growth is a glimmer of hope, says

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  Black money: Swiss banks seek fresh undertakings from Indians

  India | March 29, 2015 17:15 IST

  New Delhi: Seeking to come clean on illicit funds amid intense government pressure, Swiss banks have asked their Indian clients to provide fresh undertakings to ensure that untaxed money is not stashed in their accounts.Swiss

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  Banks, FIs to face action under new black money law: Revenue Secretary

  March 04, 2015 18:18 IST

  New Delhi: Under the new law on black money, banks and other financial institutions will also face action if they are found to have abetted stashing of illicit wealth, along with the action against the

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  Trade unions against increasing minimum pension, retirement age

  India | February 24, 2015 13:01 IST

  Nagpur: A national co-ordination committee comprising all trade unions in the country for Employees Retirement Pension Benefits (1995) has strongly opposed the raising of retirement age from 58 to 60 years.  The pensioners, who have

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  Money laundering: HSBC fears significant fines

  February 23, 2015 21:11 IST

  London: Facing a multination probe for "alleged tax evasion, money laundering and unlawful cross-border banking solicitation", global giant HSBC on Monday said it has been served summons by the Indian tax department.The bank said it

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  HSBC chief kept millions in Swiss account: Report

  February 23, 2015 12:20 IST

  London: HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account, the Guardian newspaper reported.It is the latest in a stream of so-called "Swissleaks" allegations

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  Swiss prosecutors probe HSBC subsidiary for money laundering

  World | February 18, 2015 16:36 IST

  Berlin: Geneva prosecutors searched the premises of HSBC's Swiss subsidiary on Wednesday after launching a money-laundering investigation over a report that the bank helped hide millions of dollars for drug traffickers, arms dealers and celebrities.Prosecutors

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  I-T dept to file complaint against HSBC Geneva before March 31

  India | February 16, 2015 19:28 IST

  New Delhi:  The Income Tax department is soon expected to file a complaint against HSBC bank, Geneva, for allegedly “abetting” tax evasion in India by way of unauthorisedly operating accounts of its citizens in its

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  Profile of HSBC whistleblower Herve Falciani

  February 10, 2015 17:41 IST

  New Delhi: Revelations that global banking giant HSBC helped some of its wealthy clients evade hundreds of millions of dollars worth of tax have made headlines across the world, but who is the man who