New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:10 EDTHSBCHSBC reports 1H profit before tax down 12% to $12.3B
Reports Common equity tier 1 ratio of 11.2% vs. 10.8% at the end of 2013.
News For HSBC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 5, 2016
12:15 EDTHSBCHSBC to pay $470M to resolve mortgage serving investigation by US goverment
New York Attorney General Eric Schneiderman announced a $470M joint state-federal settlement with mortgage lender and servicer HSBC to address mortgage origination, servicing, and foreclosure abuses. The settlement provides direct payments to New York borrowers for past foreclosure abuses, loan modifications, and other relief for borrowers in need of assistance, rigorous mortgage servicing standards, and grants oversight authority to an independent monitor. It is estimated that New York State has nearly 136,000 HSBC loans, nearly 31% of HSBC's total portfolio. The settlement includes New York,48 other states, the District of Columbia, the U.S. Department of Justice, the U.S. Department of Housing and Urban Development (HUD), and the Consumer Financial Protection Bureau. Reference Link
February 1, 2016
09:15 EDTHSBCHSBC sale of Brazil unit to get closer antitrust examination, Bloomberg reports
Subscribe for More Information
08:40 EDTHSBCHSBC imposing global hiring, pay freeze, Reuters reports
Subscribe for More Information
January 31, 2016
15:43 EDTHSBCHSBC to impose hiring, salary freeze in 2016, Bloomberg says
Subscribe for More Information
January 29, 2016
07:54 EDTHSBCCyber attack temporarily shuts down HSBC Internet banking, Bloomberg reports
Subscribe for More Information
January 26, 2016
17:29 EDTHSBCHSBC board meeting Wednesday to consider move to Hong Kong, Reuters says
HSBC's board of directors will meet Wednesday to consider potentially moving company headquarters to Hong Kong, reports Reuters, citing a source, who noted that China's "increasing influence" over the territory could factor into the decision. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use