Douglas Flint, the Scottish-born chairman of HSBC bank, has come out against a yes vote in Scotland's independence referendum.
HSBC is one of the largest banking and financial services organisations in the world.
HSBC Chairman Douglas Flint is underpaid, the head of the bank’s compensation committee said, as 21% of investors opposed its pay policy.
More than a fifth of HSBC's shareholders opposed the bank's pay policy on Friday in the latest show of anger that banks have not reined in bonuses enough in the wake of the financial crisis.
The European Commission has informed Crédit Agricole, HSBC and JPMorgan of its preliminary view that they may have breached EU antitrust rules by colluding to influence the pricing of interest rate derivatives denominated in the euro currency.
Banking group HSBC has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at £1m ($1.68m) and saying it would be a one off.
HSBC is in last-minute talks with shareholders to reach a deal over its chairman's pay and head off a damaging revolt at next week's annual general meeting.
HSBC's profit fell in the first quarter of the year as lower retail banking fees and difficult global markets trading hit the bank's bottom line.
The Bank of England is preparing to order eight of the UK's biggest banks and building societies to ensure they are strong enough to withstand sharp drops in house prices and sudden rises in interest rates.
London's biggest and most expensive office building, HSBC Holdings' global headquarters, is up for sale and could fetch more than £1.1 bn ($1.85bn), according to a report in the Financial Times.
HSBC has made some progress in improving its anti-money laundering program as required by a 2012 deferred prosecution agreement with the U.S. Justice Department, but there remains 'much work to be done', federal prosecutors said in a Tuesday court filing.
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Here's the 10 largest European M&A deals of the last five years. Data provided by M&A intelligence and research service mergermarket.
Here's the latest on the 'movers and shakers' front.
Former HSBC V.P. John Cruz on his wrongful termination lawsuit against HSBC.
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HSBC has appointed Simon Cooper a Group Managing Director and Chief Executive of Global Commercial Banking, effective 1 October 2013.
Although the jury is still out on whether the job market in investment banking and other areas of finance will be as hot as it was in 2006, the early signs are that there's to be no let up in 2007. Despite many firms putting in financial and other incentives to retain key staff, many employees, it seems, are determined to look for another position once their bonus cheque clears.
Irene Dorner, the banker HSBC sent to the US to apologise for mistakes that led to a £1.2bn fine for laundering money, is retiring from Britain's biggest bank after 32 years.
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.