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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 |

HSBC executive to exit after remark on UK's stance on China

Cowper-Coles told a closed-door event in June that Britain would often bow to the demands of Washington and should look after its own interests.

 HSBC said that Sherard Cowper-Coles - who also chairs the China-Britain Business Council and is a former British ambassador - had been at a private roundtable discussion and
Published on Sep 29, 2023 09:24 AM IST
Reuters |

HSBC puts £2 billion into SVB UK after buying it for £1, promises 'more cash'

HSBC buys Silicon Valley Bank UK: The purchase was negotiated by the British government and the Bank of England this week for the nominal sum of £1, or ₹99.

HSBC Bank logo and decreasing stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration(REUTERS)
Updated on Mar 15, 2023 03:24 PM IST

HSBC buys UK arm of Silicon Valley Bank for 99, gets deposits worth US$ 8.1bn

Silicon Valley Bank crisis news: Bank of England officials indicated the fall of the Silicon Valley Bank would have little impact in the UK as the wider banking system in that country is 'safe and well-capitalised'.

A sign outside a Silicon Valley Bank branch in Frankfurt, Germany, on Monday, March 13, 2023. (AP Photo/Michael Probst)
Updated on Mar 13, 2023 03:21 PM IST

Suspended HSBC banker draws ire from academics over climate rant

(Bloomberg) -- After drawing both cheers and rebukes from within the finance industry, HSBC Asset Management’s suspended head of responsible investing has now caught the attention of academia.

Suspended HSBC banker draws ire from academics over climate rant (Bloomberg)
Published on May 31, 2022 06:02 AM IST
Bloomberg |

HSBC announces 15 crore aid to pandemic-hit dabbawalas of Mumbai

HSBC's assistance will include help on food security, life insurance, education support for dabbawalas' families, and livelihood support in form of new bicycles when the lockdowns are lifted, an official statement said.

A 'dabbawala' of Mumbai (File Photo)
Published on Jun 17, 2021 06:25 PM IST
PTI |

British climate activist arrested after her group attacks HSBC, Barclays banks

Activists from the Extinction Rebellion group smashed the window frontage of HSBC and Barclays in Canary Wharf last month and have targeted Lloyd's of London as part of what the activists cast as a "Money Rebellion". Activist Gail Bradbrook was arrested from her home on Tuesday.

File Photo: Co-founder of the Extinction Rebellion group, Gail Bradbrook, poses as she and others block the road during an Extinction Rebellion demonstration at Bank, in the city of London, Britain on October 14, 2019. (Henry Nicholls / REUTERS)
Published on May 11, 2021 03:38 PM IST
Reuters |

Huawei confirms senior executive seeking HSBC records in Hong Kong court

Chief financial officer Meng Wanzhou -- whose father is the company's founder and CEO Ren Zhengfei -- has been in a two-year battle against extradition over charges Huawei violated US sanctions on Iran.

Meng is accused in the US of defrauding HSBC by falsely misrepresenting links between Huawei and a company that sold telecoms equipment to Iran.(via AP)
Updated on Mar 11, 2021 10:45 AM IST
AFP | | Posted by Harshit Sabarwal

HSBC 'aiding crackdown on democracy' in Hong Kong, British lawmakers say

Founded in Hong Kong but headquartered in Britain, HSBC has historically tried to remain politically neutral. Recently however it has shown support for Beijing, most notably last June when its top executive in Asia signed a petition backing China’s imposition of a national security law on Hong Kong.

The bank is complying with its legal obligations and is
Published on Jan 26, 2021 09:41 PM IST
Reuters | , London
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