Hongkong And Shanghai Banking Corporation

Banking group HSBC Holdings has decided to keep its headquarters in Britain, rejecting the option of shifting its centre of gravity back to its main profit-generating hub Hong Kong after a 10-month review.

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".

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".

The London-listed bank appointed Stuart Milne as its chief executive officer for India on Monday.

The sale is part of the banking giant's efforts to cut costs and exit non-core businesses; it has already sold 19 businesses as part of a plan to save $3.5 billion annually.

Reliance Industries today said its US subsidiary has raised $1 billion selling 10-year dollar-denominated debt

Banking group HSBC Holdings has decided to keep its headquarters in Britain, rejecting the option of shifting its centre of gravity back to its main profit-generating hub Hong Kong after a 10-month review.

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".

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".

The London-listed bank appointed Stuart Milne as its chief executive officer for India on Monday.

The sale is part of the banking giant's efforts to cut costs and exit non-core businesses; it has already sold 19 businesses as part of a plan to save $3.5 billion annually.

Reliance Industries today said its US subsidiary has raised $1 billion selling 10-year dollar-denominated debt