The move comes as the bank conducts an investigation into the allegations of s.x.al harassment.
HSBC is one of the largest banking and financial services organisations in the world.
Plans are to be drawn up to give more confidence about the way banks measure their financial strength in the wake of the 2008 crisis.
A low blow.
HSBC has parted with its head of foreign exchange trading for Europe, Middle East and Africa, Stuart Scott, a source with knowledge of the decision said on Wednesday.
JPMorgan has told some hedge-fund clients that they’ll have to take their deposits elsewhere or pay to keep the accounts, a person familiar with the matter said.
Two directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands on his time, the bank said.
Argentina has charged HSBC with aiding more than 4,000 citizens to evade taxes by stashing their money in secret Swiss bank accounts, the country's AFIP tax authority said on Thursday.
Goldman Sachs and HSBC were sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs’ lawyers say is the first class-action lawsuit of its kind in the U.S.
HSBC will pay $12.5m to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday.
HSBC is now settled into it's new Group Head Office building at 8 Canada Square, Canary Wharf. Up to 8,000 staff can be based in the building, making it the biggest single-occupancy building in the City.
Huw Jenkins, CEO over at UBS Investment Bank.
Bloomberg reports that fate may have played a big part in Sallie Krawcheck ending up as head of Bank of America's wealth management unit (and a longshot as successor to firm CEO Ken Lewis).
Here's a few bits of trivia on bonuses and their like.
UBS AG plans to cut about 80 to 90 jobs in its European investment- banking division as part of a global revamp, according to two people familiar with the matter.
HSBC has announced that Paul Thurston will retire as a Group Managing Director and Chief Executive of Retail Banking and Wealth Management (RBWM), after a distinguished 37-year career with the HSBC Group, on 31 December 2012.
Tom Hayes, the former UBS and Citigroup derivatives trader, conspired with employees at HSBC, Rabobank Groep and other banks, as well as brokers, to manipulate Libor rates, prosecutors said Thursday.
Here's the results for the Here Is The City Deep Blue Associates-sponsored '2008 Best Chief Technology Officer / Chief Information Officer Poll'.
HSBC takes its name from its roots as the Hongkong and Shanghai Banking Corporation, but there has long been a joke inside and outside the firm that the name stands for 'How Simple Became Complicated'.
Thomas Montag, President, Global Banking and Markets at Bank of America Merrill Lynch.
Overhauling the broken culture of high street banking will take a generation to achieve, according to a report that found UK banks have received 20m customer complaints since the financial crisis.
French judges have put the Swiss branch of HSBC under official investigation over allegations that Britain’s biggest bank helped wealthy clients avoid taxes.
What is it about internet chat rooms that causes Wall Street traders to incriminate themselves?