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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.
Jersey Pledges to Examine HSBC Procedures
Jersey's Financial Services Commission to examine HSBC allegations.
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.
Asian Markets Edge Lower on US Election and Greek Bailout Uncertainties
Nikkei trades 0.35 percent lower while KOSPI is up 0.19 percent. Shanghai and Hong Kong Indices shed 0.36 and 0.26 percent.
Nicholas 'Beano' Levene: My Friend the £32m Financial Fraudster
Nicholas Levene (Beano to his friends, of which I am one) is a crook, a wrong 'en, a "more front then Brighton" conman, who has just been found guilty of £32 million fraud and sentenced to 13 years in prison.
£32m Fraudster Nicholas 'Beano' Levene Sentenced to 13 Years in Jail
The City stockbroker pleaded guilty to 14 charges after scamming £32 million in Ponzi fraud.
HSBC Posts $3.5bn Profit As US Money-Laundering Costs Mount
HSBC says it has put aside an extra $800m to satisfy US regulators but adds the costs of its money laundering activities could be "significantly" higher than $1.5bn
China Construction Bank to Issue Dim Sum Bonds in London
China Construction Bank (CCB) plans to issue offshore Yuan bonds in London with an upper limit of £39.8mn