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HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
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HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
A day after rebuffing a break-up plan by its top investor, HSBC fielded questions from disgruntled retail investors on Tuesday and its executives defended their strategy to operate as a global bank at its first meeting in Hong Kong in three years.
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HSBC Taps Into Virtual Reality With Metaverse Portfolio For Rich Asian Clients
HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its wealthy clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new virtual reality.
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China Blasts "Ridiculous" Mike Pompeo Criticism Of HSBC
China on Wednesday blasted "narrow-minded and ridiculous" views in the United States after US Secretary of State Mike Pompeo criticised HSBC for backing Beijing's controversial Hong Kong security law.
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HSBC's Rainbow Lion Statues In Hong Kong Slammed By Anti-Gay Groups
A pair of lions painted in rainbow stripes displayed outside HSBC's main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights.
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Half Population In 12 Countries Uncertain On Future: HSBC
Over 12,000 people were surveyed in 12 countries and territories, including Argentina, China, France, Hong Kong, Indonesia, Malaysia, Mexico, Singapore, Taiwan, the UAE, the UK and the US.
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HSBC Keeps Headquarters in London, Rejects Move to Hong Kong
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.
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HSBC Sells Up in Brazil as Profits Jump on Hong Kong Boom
HSBC Holdings beat expectations with a 10 per cent rise in first-half profit thanks to a strong performance in Hong Kong and has agreed a $5.2 billion sale of its business in Brazil.
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HSBC Sorry for Website Pornography Link
Banking giant HSBC apologised for a website blunder on its Hong Kong page which directed unwitting visitors to a pornographic site, reports said today.
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Black Money List: The Timblo Trail, from Hong Kong to Goa
The Timblo family, named by the government in Supreme Court in connection with untaxed or black money in foreign accounts, had pleaded guilty before the central bank last year and was let off with a fine of Rs 3.37 crore, sources say.
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Expats in India Among Highest Earners in the World: Survey
India is home to the second largest proportion of high-earning expatriates in the world after China and ahead of countries like Switzerland, Russia and Hong Kong, says a HSBC survey.
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In Chinese Shadow, Hong Kong Fights For Its Future
As skyscrapers around Hong Kong harbor erupted into a reverie of laser beams and giant digital displays during their synchronized nightly light show, one innocuous 28-story building near the water's edge had stayed dark for months, clad in bamboo scaffolding for a face-lift.
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Asian shares fall to two-week low; Yen strengthens
Asian shares outside of Japan hit a two-week low and headed for their first loss in four days, as disappointing first-half earnings from HSBC dragged Hong Kong's Hang Seng Index sharply lower.
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Worst pollution this year envelops Hong Kong
Hong Kong residents breathed in the worst air of 2013 on Monday, joining citizens in mainland China who have been choking on dangerously high pollution levels, and further undermining the city's role as an Asian financial centre,
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HSBC mulls thousands more job cuts: report
HSBC could cut up to another 5,000 jobs as Europe's biggest bank looks to find further savings, a business newspaper reported on Monday.
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HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
A day after rebuffing a break-up plan by its top investor, HSBC fielded questions from disgruntled retail investors on Tuesday and its executives defended their strategy to operate as a global bank at its first meeting in Hong Kong in three years.
-
HSBC Taps Into Virtual Reality With Metaverse Portfolio For Rich Asian Clients
HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its wealthy clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new virtual reality.
-
China Blasts "Ridiculous" Mike Pompeo Criticism Of HSBC
China on Wednesday blasted "narrow-minded and ridiculous" views in the United States after US Secretary of State Mike Pompeo criticised HSBC for backing Beijing's controversial Hong Kong security law.
-
HSBC's Rainbow Lion Statues In Hong Kong Slammed By Anti-Gay Groups
A pair of lions painted in rainbow stripes displayed outside HSBC's main office in Hong Kong have been slammed by anti-gay groups as activists in the city call for more progress on equal rights.
-
Half Population In 12 Countries Uncertain On Future: HSBC
Over 12,000 people were surveyed in 12 countries and territories, including Argentina, China, France, Hong Kong, Indonesia, Malaysia, Mexico, Singapore, Taiwan, the UAE, the UK and the US.
-
HSBC Keeps Headquarters in London, Rejects Move to Hong Kong
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 Sells Up in Brazil as Profits Jump on Hong Kong Boom
HSBC Holdings beat expectations with a 10 per cent rise in first-half profit thanks to a strong performance in Hong Kong and has agreed a $5.2 billion sale of its business in Brazil.
-
HSBC Sorry for Website Pornography Link
Banking giant HSBC apologised for a website blunder on its Hong Kong page which directed unwitting visitors to a pornographic site, reports said today.
-
Black Money List: The Timblo Trail, from Hong Kong to Goa
The Timblo family, named by the government in Supreme Court in connection with untaxed or black money in foreign accounts, had pleaded guilty before the central bank last year and was let off with a fine of Rs 3.37 crore, sources say.
-
Expats in India Among Highest Earners in the World: Survey
India is home to the second largest proportion of high-earning expatriates in the world after China and ahead of countries like Switzerland, Russia and Hong Kong, says a HSBC survey.
-
In Chinese Shadow, Hong Kong Fights For Its Future
As skyscrapers around Hong Kong harbor erupted into a reverie of laser beams and giant digital displays during their synchronized nightly light show, one innocuous 28-story building near the water's edge had stayed dark for months, clad in bamboo scaffolding for a face-lift.
-
Asian shares fall to two-week low; Yen strengthens
Asian shares outside of Japan hit a two-week low and headed for their first loss in four days, as disappointing first-half earnings from HSBC dragged Hong Kong's Hang Seng Index sharply lower.
-
Worst pollution this year envelops Hong Kong
Hong Kong residents breathed in the worst air of 2013 on Monday, joining citizens in mainland China who have been choking on dangerously high pollution levels, and further undermining the city's role as an Asian financial centre,
-
HSBC mulls thousands more job cuts: report
HSBC could cut up to another 5,000 jobs as Europe's biggest bank looks to find further savings, a business newspaper reported on Monday.
