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5 from Assam held for duping HSBC Bank of 1.27crore

According to investigators, the accused exploited digital loopholes and identity fraud to procure 55 HSBC credit cards using forged documents.

The FIR in the case was initially registered at Azad Maidan police station in 2023, based on a complaint from an HSBC employee(File/Reuters)
Updated on Apr 18, 2025 10:12 AM IST

Women lose key roles at HSBC as bank asks managers to reapply for senior roles

Out of at least 15 new banking head roles named across Asia-Pacific, only two went to women.

HSBC integrated its commercial and global banking business in 2024 and asked hundreds of managers to reapply for jobs in the new unit.(Reuters)
Updated on Mar 23, 2025 11:15 AM IST
Bloomberg |

RBI imposes 29.60 lakh fine on HSBC Bank for card rule violations

RBI penalised HSBC for not complying with credit card, debit card and Rupee denominated co-branded pre-paid Card operations of Banks.

RBI imposed a penalty on HSBC for non-compliance on 'Credit Card, Debit Card and Rupee Denominated Co-branded Pre-paid Card operations of Banks (AFP)
Published on Jun 28, 2024 07:19 PM IST
PTI |

HSBC CEO Noel Quinn to retire unexpectedly: Who is he and what the bank said

The surprise news came as the lender reported that pre-tax profits in the first quarter fell by $200 million to $12.7 billion.

HSBC CEO Noel Quinn attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain.(Reuters)
Published on Apr 30, 2024 11:45 AM IST
AFP |

HSBC reports 'record profit' of $30.3 billion in 2023

The Asia-focused lender and its peers have been buoyed by rising interest rates for more than a year.

HSBC logo is seen in this illustration.(Reuters)
Published on Feb 21, 2024 02:32 PM IST
AFP |
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