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Mis-Selling Derivatives: MPs Confirm FSA Delays Pilot Scheme Results
Outcome of interest rate swap agreement disputes under pilot scheme put off next year.
European Stocks Set to Hit 18-Month Peak on Robust China Manufacturing Figures
Sentiments upbeat on China's 14-month high manufacturing figures and hopes of 'fiscal cliff' solution.
Asian Stocks Mixed as China Manufacturing Shows Improvement
Chinese markets gain after a preliminary manufacturing Purchasing Managers Index (PMI) showed improvement but Japanese stocks fall on dropping business sentiments.
HSBC to Pay $1.9bn to Settle Money Laundering Probe [VIDEO]
Deal to settle charges that HSBC helped launder Mexican drug cartels' money as well as facilitating transfer of funds to sanctions-hit Iran.
EXCLUSIVE Mis-Selling Derivatives: Property Partnership Takes RBS to Manchester High Court
EXCLUSIVE: Partnership claims bank did not fully explain risks of product attached to £1.5m loan.
Profit Growth Hit As Standard Chartered Expects $330m Payment on Iran Settlement
Payment to settle claims that bank violated US curbs on Iran.
HSBC in $1.8bn ‘Deal’ to Settle Money Laundering Cases
HSBC said to be in talks with US law-enforcement agencies over money-laundering claims.
HSBC Sells Stake in China Insurance Group Ping An for $9.4bn
Thai billionaire Dhanin Chearavanont buys HSBC's 15.7 percent stake in China's second-largest insurance group
China Services Sector Expands but at Slow Pace in November
China's services PMI fell to 52.1 in November from 53.5 recorded for October, a second straight month of decline, indicating slow pace of growth in the world's second largest economy.
India's Growth Potential to Drop Unless Reforms Hastened: Fitch
The ratings agency Fitch has said that the long-term growth potential of Indian economy could drop if structural reforms are not pushed through.
European Markets Gain on Hopes of Chinese Economy
Traders remained upbeat as the Euro hit a six-week high as improved manufacturing data from China added to hopes of economic recovery in the world's second largest economy.
Asian Markets Gain on Improved Chinese Manufacturing Figures
Asian investors remain upbeat after the Chinese PMI rose to 50.6 in November.
Improved Manufacturing Data Adds to Hopes of Recovery in China
Chinese manufacturing expands to a 13-month high in November, according to an HSBC survey of manufacturing firms.
Chinese Industrial Profits Jump 20.5% in October
China's industrial company profits surge, increasing hopes of economic recovery.
Asian Markets Rise on Global Economic Hopes
Hang Seng gained 0.24 percent while Shanghai index was up 0.49 percent. KOSPI rose 0.29 percent.
Asian Markets End Higher Ahead of EU Budget Meet
Nikkei gains 1.56 percent while KOSPI and Hang Seng indices end 0.82 and 1.02 percent higher. Shanghai index slips 0.72 percent.
Asian Markets Gain on Chinese PMI and Weak Yen
Nikkei gains 1.06 percent while KOSPI and Hang Seng trade 0.79 and 0.30 percent higher. Shanghai index slips 0.55 percent.
Xstrata Shareholders Approve Glencore Merger but Reject 'Golden Handcuffs'
Xstrata receives shareholders' approval to merge with Glencore, paving the way for the formation of a natural resources giant.
Asian Markets Gain on Global Economic Hopes
Nikkei gains 0.10 percent while KOSPI rises 0.55 percent. Hang Seng and Shanghai indices gain 0.88 and 0.04 percent respectively.
Ocado Shares Surge On Fresh Capital Injection
Ocado Group shares gain more than 20% as it secures fresh capital to fund expansion.
Asian Markets End Higher as Nikkei Rallies on Weak Yen
Nikkei gains 1.43 percent while KOSPI up 0.93 percent. Shanghai and Hang Seng indices end 0.11 and 0.49 percent higher.
HSBC In Talks to Sell Stake China Insurance Group Ping An
Bank confirms talks to sell 16 percent holding in China's number two insurance group as asset sales accelerate
Asian Markets Weekly Report: US 'Fiscal Cliff' and Eurozone Worries Weigh Heavily
Major Asian markets in red as global economic concerns and political issues impact investor sentiments.
Mis-Selling Derivatives Exclusive: Barclays Freeze Payments for SMEs
Barclays confirms to IBTimes UK that it is starting to suspend swap payments for some SMEs that are in financial distress.
EXCLUSIVE: MPs to Grill FSA Over Mis-Selling Derivatives Scandal
The Financial Services Authority faces a grilling by MPs over banks mis-selling and the subsequent redress scheme.
HSBC Jersey and Nicholas 'Beano' Levene's £32m Fraud
IBTimes UK reveals convicted fraudster had HSBC Jersey account and was given £20m overdraft facility.
HSBC Launches Jersey Probe as UK Tax Authorities Confirm Whistleblower Leak
Europe's biggest bank says it's investigating Telegraph report that Whistleblower handed list of 4,000 clients to British Tax authorities
UK Businesses Significantly Benefit from Trading in Yuan
HSBC research shows that if you're a UK businesses trading with a Chinese counterpart in RMB, you're more likely to get better pricing
Spotlight on China: Can New Leaders Fix its Oil Addiction?
China's growth may be slowing but its appetite for oil will continue to dominate demand.
Mis-Selling Derivatives: Top Bankers at HSBC, Barclays and Santander UK Defend Interest Rate Swaps
Barclays' Antony Jenkins, HSBC's Douglas Flint and Ana Botín at Santander UK tell lawmakers that hedging tools are critical for Britain's small businesses despite past failures.