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January 16, 2014
09:11 EDTHSBCHong Kong analysts warn HSBC faces GPB70B capital hole, Telegraph says
A report published by a Hong Kong-based research firm says HSBC might have overstated its assets by more than GPB50B and might ultimately need a capital injection of nearly GPB70B before the end of the decade, according to the Telegraph, citing the report. Reference Link
News For HSBC From The Last 14 Days
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November 25, 2015
13:27 EDTHSBCSantander, CaixaBank among biggest Abengoa lenders, Bloomberg says
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November 24, 2015
10:58 EDTHSBCHSBC to eliminate 2,000 jobs in commercial banking division, Bloomberg says
HSBC plans to cut 2,000 jobs in its commercial bank as part of cost reduction efforts, Bloomberg reports, citing a person briefed on the matter. The cuts started a week ago and are expected to take two years, the report says. Reference Link
November 23, 2015
06:33 EDTHSBCHSBC close to relocating out of the U.K., Business Insider says
HSBC will "very likely" go ahead with its headquarters relocation after some of its major shareholders declared publicly that they would support a move, Business Insider reports. The investors said that banks are frustrated with regulators "changing the goal posts," the report says. Reference Link
November 13, 2015
06:07 EDTHSBCHSBC names AXA CEO, former Diageo CEO to board
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