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Stock Market & Financial Investment News

News Breaks
January 27, 2014
08:37 EDTHSBCHSBC apologizes after some customers blocked from withdrawals, NYT says
HSBC, which has a recently introduced policy of asking customers in some instances for evidence of their plans for large cash withdrawals, has apologized after some customers reportedly were blocked from withdrawing cash from their accounts, said The New York Times' DealBook. Reference Link
News For HSBC From The Last 14 Days
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September 18, 2014
07:52 EDTHSBCUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTHSBCEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 17, 2014
06:54 EDTHSBCNY Attorney General announces NYC bank identity-theft ring takedown
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September 16, 2014
14:44 EDTHSBCVirginia AG files $1.15B lawsuit against banks that sold RMBS during crisis
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September 15, 2014
07:49 EDTHSBCDOJ, FBI 'flip' bank informants as part of forex probe, WSJ says
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September 12, 2014
16:22 EDTHSBCHSBC confirms settlement agreement with FHFA
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13:27 EDTHSBCHSBC pays $600M to resolve FHFA mortgage bond allegations, WSJ says
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06:48 EDTHSBCU.K. bankers worry that Britain could leave EU, NY Times says
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