Hsbc London

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  HSBC Sends Home 100 London Staff, Confirms China Coronavirus Case

  HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at a major company in Europe's main financial hub.

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  Banks Planning To Move 9,000 Jobs From Britain Because Of Brexit

  The largest global banks in London plan to move about 9,000 jobs to the continent in the next two years, public statements and information from sources shows, as the exodus of finance jobs starts to take shape.

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  HSBC Faces Pay Pressure, Dividend Fears From Investors

  Pay is not the only thing HSBC investors will challenge executives over at Friday's annual meeting in London, calls for reassurance on dividends, Chinese expansion and succession planning are all set to feature.

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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, JPMorgan May Move Parts of Businesses to Luxembourg: Report

  HSBC Holdings Plc and JPMorgan Chase & Co are in talks to relocate parts of their businesses to Luxembourg from the UK as they weigh the possibility of a British exit from the European Union, the Times reported.

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  Amid Massive Scandal, HSBC Raided in Geneva: 10 Big Developments in Money Laundering Probe

  British banking giant HSBC's Geneva offices were searched today as part of a money-laundering probe following allegations that the bank helped clients evade millions of dollars in taxes.

• 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.

• How London's gold and silver prices are 'fixed'

  London's gold and silver markets face the possibility of a probe into price setting, putting a century-old practice under the spotlight after the Libor rigging scandal that exposed widespread interest rate manipulation by banks.

• HSBC sells US loans for $3.2 billion

  Global banking giant HSBC announced today that it has agreed to offload a package of home loans for $3.2 billion in cash to US-based SpringCastle Acquisition, one day after the bank posted falling annual profits.

• HSBC annual net profit falls 16.5 per cent to $14.03 billion

  HSBC bank said today that the net profits sank 16.5 per cent to $14.03 billion in 2012, hit by US money-laundering fines, mis-selling scandals, rising taxation and a huge accounting charge.

• How the Libor scandal unfolded

  Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks as to how much they would expect to pay to borrow funds from each other...

• Bank scandals tarnish London's reputation

  London has been a centre for global business for centuries, but there are fears that its reputation has been tarnished indelibly.

• Recession, Libor, Facebook punish Europe's banks

  Within a space of an hour UBS of Switzerland, Deutsche Bank, BBVA of Spain and Austria's Erste Bank delivered the bad news.

• European shares turn lower as German factory activity slows

  Germany's manufacturing sector contracted at its fastest pace in three years in July.

• US report says HSBC handled Iran, drug money

  The Senate probe provides a rare look at how HSBC responded when confronted with numerous cases of suspect money flows.