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Separately, analysts at JPMorgan Chase & Co. (NYSE: JPM) downgraded shares of Gold Fields from an “overweight” rating to a “neutral” rating in a research note to investors on Thursday, January 26th. Also, analysts at HSBC (NYSE: HBC) cut their price...
Keegan Bradley of the US acknowledges the crowd at the 18th hole during day one of the WGC-HSBC Champions golf tournament at the Sheshan International course in Shanghai on November 3, 2011. View Photo »
We can confirm that the RBI is agreeable to the transfer of our retail and commercial businesses in India to HSBC. We continue to work closely with HSBC and the regulators to complete the transfer in a manner that is in the best interests of our clients and employees.
Saudi Arabia said it has launched an open-end Shariah compliant fund that aims to provide investors with income stabilizing and potential growth over medium-to-long term by investing in local and international sukuks. The new Amanah sukuk fund will also...
The process begins at next month's Cathay Pacific/HSBC Hong Kong Sevens, which retains its unique 24-team format. This year, the existing 12 core teams will compete in the race for the 2011/12 series title, while the others play in a parallel...
Saudi Arabia has launched its new HSBC Amanah Sukuk Fund. The open-end Shariah compliant fund aims to provide investors with income stabilizing and potential growth over the medium-to-long term by investing in local and international Sukuks. The Fund...
Lee Westwood of England acknowledges the crowd at the 18th hole after finishing at 3 under on day one of the WGC-HSBC Champions golf tournament at the Sheshan International course in Shanghai on November 3, 2011. View Photo »
We can confirm that the RBI is agreeable to the transfer of our retail and commercial businesses in India to HSBC. We continue to work closely with HSBC and the regulators to complete the transfer in a manner that is in the best interests of our clients and employees.
Asia, including Australia and New Zealand, is the largest consumer of crude oil today, accounting for almost 32 percent of world demand, with North America making up about 26 percent and Europe close to 17 percent, according to HSBC data. Neumann...
First Niagara Friday announced plans to complete the merger by May 18, adding that the acquisition of HSBC branches in close proximity to existing branches owned by First Niagara will necessitate the closing of as many as 35 locations overall. ...
HSBC Holdings plc is a public limited company incorporated in England and Wales, headquartered in London. As of 2008, it is both the world's largest banking group and the world's largest company according to a composite measure by Forbes magazine. The group was founded from The Hongkong and Shanghai Banking Corporation, the acronym of which led... Full Article
A masked demonstrator hurls a bottle containing paint at the front door of an HSBC Bank branch during a protest in Buenos Aires, February 2, 2012. Left-wing Activists protested against the arrival of Britain's Prince William to the Falkland Islands, also known as Malvinas in Spanish,...
View Photo »Douglas Flint, Group Chairman of HSBC, takes part in the Asian Financial Forum in Hong Kong January 16, 2012.
View Photo »The logo of HSBC is seen on a building in Hong Kong in this August 1, 2011 file photo. Picture taken August 1, 2011. To match Insight BANKS-COSTS/ASIA.
View Photo »HSBC and Standard Chartered Bank headquarters are seen at Hong Kong's financial Central district in this October 14, 2008 file photo. Picture taken October 14, 2008. To match INSIGHT BANKS-COSTS/ASIA.
View Photo »People exit an HSBC branch at Dubai Internet City in Dubai January 4, 2012.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: John Hawksworth of England (r) commentating for the tournament radio during the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: George Coetzee of South Africa plays his third shot to the 18th green during the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Faisal AL Sheikh of the ADTA makes a special presentation to a member of the Abu Dhabi Golf Club during the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Graeme McDowell of Northern Ireland, Thomas Bjorn of Denmark, and Tiger Woods of the USA the third place finishers with Simon Cooper Deputy Chairman and Chief Executive Officer of HSBC Middle East & North Africa (l) after after the final round...
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Rory McIlroy of Northern Ireland the runner-up with Simon Cooper Deputy Chairman and Chief Executive Officer of HSBC Middle East & North Africa watched by Sheikh Sultan Bin Tahnoon Al Nahyan The Chairman of The Abu Dhabi Tourism Authority after...
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England with group of title and main sponsors after after the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England with Sheikh Sultan Bin Tahnoon Al Nahyan the Chairman of the Abu Dhabi Tourism Authority (immediate right) and Simon Cooper Deputy Chairman and Chief Executive Officer of HSBC Middle East & North Africa (far left) and...
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: L-R) Tournament winner Robert Rock of England chats with Rory McIlroy of Northern Ireland as Thomas Bjorn of Denmark and Tiger Woods of the USA during the trophy presentation ceremony after the final round of The Abu Dhabi HSBC Golf Championship...
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England with Sheikh Sultan Bin Tahnoon Al Nahyan the Chairman of the Abu Dhabi Tourism Authority (l) and Simon Cooper Deputy Chairman and Chief Executive Officer of HSBC Middle East & North Africa (r) after after the final round...
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Mark Foster of England in action during the final round of The Abu Dhabi HSBC Golf Championship at Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »Tiger Woods from U.S. tees off in front of a camel caravan billboard on the 15th hole during the final round of Abu Dhabi HSBC Championship, Sunday, Jan. 29, 2012 in Abu Dhabi, United Arab Emirates. Rober Rock from England won the trophy.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England receives his Rolex winners watch after the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England proudly holds the trophy with the Captain and Lady Captain of Abu Dhabi Golf Club after the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates...
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England proudly holds the trophy with Ken Kosak (r) the GM of Abu Dhabi Golf Club after the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England proudly holds the trophy amongst a crowd of Abu Dhabi Golf Club Greens staff after the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Robert Rock of England proudly holds the trophy with members of Etihad Airline one of the sponsors after the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Joe LaCava the caddie of Tiger Woods of the USA during the final round of Abu Dhabi HSBC Golf Championship at the Abu Dhabi HSBC Golf Championship on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »Tiger Woods from U.S. reacts on the 15th hole during the final round of the Abu Dhabi HSBC Championship, Sunday, Jan. 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: A Falcon watching the golf beside the 18th green during the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »ABU DHABI, UNITED ARAB EMIRATES - JANUARY 29: Peter Hanson of Sweden plays his tee shot on the par 4, 3rd hole during the final round of the Abu Dhabi HSBC Championship at the Abu Dhabi Golf Club on January 29, 2012 in Abu Dhabi, United Arab Emirates.
View Photo »A masked demonstrator hurls a bottle containing paint at the front door of an HSBC Bank branch during a protest in Buenos Aires, February 2, 2012. Left-wing Activists protested against the arrival of Britain's Prince William to the Falkland Islands, also known as Malvinas in Spanish,...
View Photo »China may cut its official reserve-requirement ratio as early as the end of November to relax liquidity conditions, as the latest HSBC preliminary China PMI reflected downside risks to the country’s economy are increasing ... China needs a swift response to the downside risks as its exports are showing ...
This latest deal from HSBC is great news for borrowers who have limited funds for securing a deposit, particularly first-time buyers.
Asia remains unable to disconnect itself from European woes, and the contagion is evident in the latest China HSBC PMI reading in November, which collapsed below the boom/bust mark of 50
The HSBC PMI number and the reserve-ratio cut report make the market believe that monetary policy easing will come earlier than expected
Keeping markets equally bearish today will be the poor HSBC China PMI data, indicating a contraction and adding weight to the argument that China is in for a hard landing.
But with inflation still around 5 percent, the government will exercise caution in loosening monetary policy. Thus, a further decline in the HSBC PMI should leave commodity currencies even more vulnerable.
North Asia, and particularly Hong Kong, is a key strategic location for the group and [Rennell’s] experience of working with ultra-high-net-worth families and his knowledge of the local market will be important in further building HSBC Private Bank’s strong position in the territory
We are in principle supportive of the indemnity scheme – the initiative will support the activity we already do to help first-time buyers on to the housing ladder. So far in 2011 one in eight first-time buyers bought their home with an HSBC mortgage. We will work with the government to meet the March 20...
