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Stock Market & Financial Investment News

News Breaks
January 17, 2014
10:37 EDTHSBCHSBC confirms suspension of two forex traders, IBT says
HSBC confirmed to International Business Times that the bank has suspended two foreign exchange traders in London amid a number of investigations over FX rate manipulation charges. Reference Link
News For HSBC From The Last 14 Days
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January 20, 2015
07:30 EDTHSBCU.K. banks see Bitcoin as threat to sterling, boon to terrorists, Telegraph says
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January 15, 2015
10:41 EDTHSBCRBS general counsel, others leave bank, NY Times reports
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06:42 EDTHSBCECB most likely will unveil bond buying program, NY Times says
The European Central Bank is "all but certain" to announce at its next meeting that it will buy government bonds, according to The New York Times. But the ECB may announce that it will buy bonds but say that it will only provide details about the program in March, some believe, the newspaper reported. Some economists contend that the initiative could be a case of "too little, too late," The Times added. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
January 14, 2015
06:44 EDTHSBCTop court official backs ECB bond buying, NY Times reports
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January 13, 2015
06:41 EDTHSBCHSBC to be criticized for efforts to battle money laundering, WSJ reports
An independent U.S. monitor is set to submit a report to the Justice Department later this month that will criticize HSBC's bid to overhaul its anti-money-laundering system, reports the Wall Street Journal. According to people familiar with the report, HSBC will be criticized for its private banking and trade-finance businesses, as well as its operations in Malaysia, Hong Kong, and the U.S. Reference Link

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