HSBC Posts
HSBC Chief Reaffirms Three-Year Targets
Stuart Gulliver picked a bad day to update investors on his efforts to turn HSBC into a nimbler beast that will capitalise on booming trade in Asia.
HSBC Boss Backs Austerity As He Reports Fall In Profits To $4.3bn
Stuart Gulliver, chief executive of HBSC, gave his backing to the government's austerity measures on Tuesday even as France's new Socialist president pledged to step back from such tough budget regimes.
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BNP / SocGen Brace Themselves, Credit Suisse Seeks, HSBC Investment Banking Rebound, Wells Fargo Skepticism
Here's a few interesting stories currently doing the rounds.
Special Reuters Report - U.S. Documents Allege HSBC Money-Laundering Lapses
Reuters reports that in April 2003, the Federal Reserve Bank of New York and New York state bank regulators cracked the whip on HSBC Bank USA, ordering it to do a better job of policing itself for suspicious money flows.
HSBC Appoints New Head of DCM Origination for Asia
HSBC has appointed Alexi Chan to take up the role of Head of Debt Capital Markets Origination for Asia, effective immediately.
BNP / SocGen Search, BNY Mellon FX Suits, Goldman Dials Back, HSBC Raises, MF Global Hearing, Northern Trust Up, State Street Profit Hit
Here's a few links to some interesting BBC, Bloomberg, New York Times and Reuters stories currently doing the rounds.
HSBC's Sandy Flockhart Retires After 37 Years
Sandy Flockhart is retiring as an Executive Director of HSBC Holdings plc, with effect from 30 April 2012, after a distinguished career spanning 37 years.
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