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HSBC Holdings plc news

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HSBA 529.42 -5.48 (-1.03%)
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US report says HSBC handled Iran, drug money
WASHINGTON A "pervasively polluted" culture at HSBC Holdings Plc allowed the bank to act as financier to clients seeking to route shadowy funds from the world's most dangerous and secretive corners, including Mexico, Iran, the Cayman Islands, Saudi ...
HSBC boss quits for failing to stop money laundering
HSBC's Mexico nightmare on money laundering  Financial Times
HSBC Is Trading Below Our Fair Value Estimate Range
As part of our process, we perform a rigorous valuation methodology that dives into the true intrinsic worth of companies. In this article, we outline our valuation assessment of HSBC (HBC). For some background, we think a comprehensive analysis of a ...
HSBC Seeks to Evict Occupiers in Hong Kong
HONG KONG— HSBC Holdings PLC said Monday it is seeking the right to evict an encampment of protesters that has been occupying the ground floor of the bank's Hong Kong headquarters since October, drawing inspiration from the Occupy Wall Street ...
HSBC Asks Court to Order Hong Kong Occupy Protesters Off  Bloomberg
HSBC 'profoundly sorry' over money laundering and mis-selling
Mr Flint (Chairman), Mr Gulliver (CEO), Lord Green (ex-Chairman), Michael Geoghegan (ex-CEO), Rona Fairhead Board Director (CEO FT Group) and Mr Sam Laidlaw Board Director (CEO Centirca) and the rest of the Board of Directors of HSBC Holdings Plc ...
HSBC sets aside $2bn to cover fines  Financial Times
HSBC Profit Beats Estimates on Income From Asset Sales  Bloomberg
HSBC an "isolated" case in Mexico: banks' association
MEXICO CITY The money-laundering scandal that hit HSBC Holdings Plc in Mexico was an isolated case in Latin America's second-biggest economy, the head of the country's banks association (ABM) was quoted as saying on Friday.
Mexican regulator fines HSBC unit $27.5m  Financial Times
HSBC Fined $27.5 Million in Mexican Money-Laundering Probe  Bloomberg
HSBC Advising on Renewable-Energy Acquisitions as Prices Decline
HSBC Holdings Plc, Europe's largest bank, is advising on potential acquisitions of renewable-energy companies as an oversupply of equipment in the wind and solar industries drives down prices.
HSBC's Gulliver to Apologize at Senate Hearing, Memo Says
HSBC Holdings Plc will apologize at a July 17 U.S. Senate hearing for anti-money laundering controls that weren't effective enough, according to an internal memo obtained by Bloomberg News.
HSBC braced for $1bn US penalty  Financial Times
HSBC shares drop on reports of $1 bln US fine  Reuters
Lord Green is pushed on HSBC money laundering
“I am sure you will share my concern at the comment by Senator Carl Levin, who on Tuesday said: 'HSBC's chief compliance officer and other senior executives in London knew what was going on but allowed the deceptive conduct to continue'.
The Rogues Gallery: A Sample of HSBC's High-Risk Customers  Wall Street Journal (blog)
HSBC accused of handling drug money  Industry Leaders Magazine
HSBC Account Holders Offered India Amnesty, Official Says
India has offered amnesty to more than 100 wealthy citizens who evaded taxes by hiding funds in accounts at HSBC Holdings Plc's Swiss unit, according to a government official with knowledge of the matter. The income tax department has agreed not to ...
Who's next in the Libor investigation?
According to documents filed in the Ontario Superior Court in May 2011, lawyers for UBS gave information to Canadian regulators, including details of the lender's own internal probe.
Investigators Are Closing In On Two Other Banks Involved In LIBOR Rigging  Business Insider