LONDON — HSBC Holdings PLC Monday posted a 2011 net profit of $16.8 billion, boosted by a strong commercial banking performance and accounting gains on its own debt that helped offset weaker ...
In HSBC's 2010 annual report, the bank asserted that it had stopped "processing foreclosures" and that it "suspended foreclosures" in December, even though the information wasn't made public until Feb ...
While HSBC Bank USA continues to review its real estate options for its downtown Buffalo headquarters, the Buffalo Common Council has agreed to grant the financial institution a 90-day extension for ...
This article has been adapted from Fool U.K., our sister site across the pond. HSBC Holdings (NYSE: HBC) unveiled a steep rise in its quarterly earnings this morning, largely thanks to a dramatically ...
Niall Booker, Chief Executive of HSBC’s North American operations, today outlined a strategy to “rebuild the US business.” How that will impact the bank’s 5,000 WNY employees and its drawn out office ...
HSBC Holdings Plc, Europe’s largest bank, plans to cut 30,000 jobs by the end of 2013, about 10 percent of the total, to stem costs driven higher by rising salaries. The shares jumped. The bank’s ...
<strong>By ALLISSA KLINE</strong><br> [email protected] | 716-541-1612 By ALLISSA KLINE [email protected] | 716-541-1612 HSBC Bank USA N.A. intends to ...
A Brooklyn judge ridiculed HSBC’s “know nothing” defense for filing a false document in a foreclosure case and slapped the bank with the maximum $10,000 penalty. “HSBC sounds like … Sgt. Schultz in ...
According to HSBC’s CEO Stuart Gulliver, the global banking powerhouse might shut down its US credit card arm if unable to sell its portfolio. It announced its intent to sell in May, but hasn’t been ...
HSBC has just released their final Hedge Weekly for 2011, which includes a performance review of all investment funds they track. [via ZeroHedge] It's no secret that 2011 was a terrible year for hedge ...
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