Europe's biggest bank, HSBC Holdings PLC (NYSE ADR: HBC), said first quarter profits increased substantially over last year, but 2009 will be a "tough" year as bad loans increase and the economy ...
LONDON -- HSBC is selling its 44-story London headquarters, Britain's second-tallest skyscraper, for nearly $1.3 billion, the bank said Friday. HSBC Bank PLC said it struck the all-cash deal with the ...
CHICAGO -- HSBC PLC, Europe's biggest bank, said Monday it will no longer write new consumer loans in the United States and will shut down its U.S. lending unit over the next five years due to the ...
LONDON, Jan 8 (Reuters) - HSBC said it is raising its 2009 and 2010 gold price forecasts on expectations the faltering global economy will prompt investors to buy into the metal as a haven from risk.
NEW YORK (Reuters) - Europe's biggest bank, HSBC Holdings <0005.HK> on Wednesday raised its 2009 gold price forecast to $925 from $875 an ounce on a combination of inflation-hedge demand, U.S. dollar ...
LONDON (AP) -- HSBC PLC, Europe's largest bank by market value, today reported a 70 percent drop in 2008 net profit and said it would raise $17.7 billion in new capital through a share issue, while ...
Steve Chiotakis: Europe’s biggest bank, HSBC, says it’s cutting back its consumer lending in the United States. The bank reported a big fall in profits today after heavy losses on U.S. subprime ...
UPDATE: 12 pm 19 NovHSBC press office has informed us the £150 cap on fees only applies to its Arrangement Fee for paid transactions and not to Returned Item Fees ...
CHICAGOCHICAGO — HSBC PLC, Europe’s biggest bank, said Monday it will no longer write new consumer loans in the United States and will shut down its U.S. lending unit over the next five years due to ...