THE LATEST NEWS ON HSBC'S BRITISH AND GLOBAL OPERATIONS

HSBC pays £269m to settle claims it helped shady Swiss banking clients evade taxes

14/11/17 23:12

13/11/17 10:04

BANK STRATEGY Mark Tucker, the new chairman of HSBC, is said to be eyeing US deals. American expansion would be a reversal of the bank’s previous policy.

02/11/17 20:02

Lord Hain told the House of Lords yesterday that he had asked the Treasury to probe transfers handled by a bank, understood to be HSBC.

30/10/17 22:46

Legitimate business owners claim they have been cut off from essential finance for failing to rapidly answer complex questions posed by the bank.

30/10/17 22:46

The bank is extending its reach into China with plans to increase its investment in the Pearl River Delta region and to roll out more wealth management.

30/10/17 15:50

HSBC today became the latest bank to launch a climb down on threats to move jobs out of London and into Europe after Brexit.

30/10/17 13:47

The banking giant, which faces a fresh probe for its alleged role in money-laundering in South Africa, saw adjusted revenues grow by 2.3 per cent to $13billion (£10billion).

27/10/17 13:16

Britons took to social media to voice their concerns online as the bank worked for several hours to sort out the problem.

24/10/17 00:31

Mark Johnson, former head of HSBC's global foreign exchange cash trading desk, has been found guilty of rigging a £2.7billion currency deal to boost the lender's profits.

19/10/17 14:51

Ministers confirmed that the Chancellor has asked the 'relevant authorities' to look at whether banks including HSBC and Standard Chartered acted as 'conduits' for laundered money.

13/10/17 00:50

Flint, 49 (pictured) will take over early next year. Gulliver, 58, has presided over a string of scandals during six years as chief executive including a £1.4bn fine for laundering Mexican drug money,

13/10/17 00:44

HSBC’s incoming chief executive John Flint, 49, will now spend about a third of the year in Hong Kong in his new role, but is unlikely to be slumming it if current boss Gulliver's expenses are to go by.

28/09/17 12:49

HSBC is launching a new banking app which will allow customers to see all of their accounts on one screen, no matter who they bank with.

11/09/17 18:20

Almost half of people with savings of at least £15,000 do not see the value in seeking investment advice from a professional for sums under £25,000, according to new research.

09/09/17 15:39

EXCLUSIVE: Todd Roberts, from the Antioch Community Church in Sheffield, was left unable to pay rent or utility bills, while staff have been left without their pay.

06/09/17 01:14

Business owners were subjected to a barrage of questions from staff in call centres who they had never spoken to before and who are expected to handle more than 1,800 appointments a year each.

23/08/17 10:24

HSBC offers students heading to university next month an interest-free overdraft that rises to £3,000 in their final year - the biggest perk of any High Street bank.

01/08/17 11:36

Criminals could target thousands of customers whose bank details are changing as a result of an industry shake-up, the boss of HSBC has warned.

31/07/17 17:16

London shares nudged higher to finish at 7,372 in another results packed week, which sees a trio of updates from the UK's top banks HSBC, Royal Bank of Scotland and Standard Chartered.

31/07/17 11:51

The buyback, which will return cash to investors, comes as HSBC posted a 5 per cent rise in pre-tax profits to $10.2billion (£7.8billion) in the first six months of the year.

26/07/17 22:13

Issachar Stainrod-Holness, 23, who was working at an HSBC branch in Bayswater, west London, siphoned money from the account of Robert Mabro,(pictured) who was suffering from dementia.

21/07/17 19:58

Eve Dendle (right), the stepdaughter of a famous chef, wept in the dock at Reading Crown Court as her sentence was passed down after she admitted to swindling a bank out of £11,706.

14/07/17 12:55

The move has fuelled speculation that Carillion is preparing a rights issue with analysts believing that the company might have to raise at least £500m.

06/07/17 13:43

The two firms are only the latest in an increasingly long line-up of robo-advisers - firms that are designed to offer investors an automated way to invest their savings online.

20/06/17 18:24

HSBC, first direct and M&S; Bank join a growing list of partners using Samsung Pay in the UK, including MasterCard and Visa, MBNA, Nationwide and Santander.

20/05/17 02:10

London-based banking firm HSBC introduced voice recognition last year to increase account security but the software was found to be vulnerable to mimicry after a pair of non-identical twins tested it out.

15/05/17 09:31

It is a modern-day version of David versus Goliath where little David triumphed – not once but twice. Andy Macpherson, right, took on HSBC first for himself, then on behalf of brother Alistair.

04/05/17 23:06

Three British bankers are facing an investigation over alleged money laundering at the Swiss branch of HSBC.

04/05/17 12:22

HSBC said the fall to $5billion (£3.8billion) was in large part the result of a change in the method used to determine the fair value of its debt.

15/04/17 16:24

EXCLUSIVE: Lisa Touhig, 28, from Staffordshire, said she will never trust a bank again after she logged into her online banking on holiday to find she had been charged £9 for coffee in Birmingham.

02/04/17 14:45

EXCLUSIVE: Sources at the Royal Bank of Scotland and Lloyds have said they are working on plans to widen the number of prefixes available to make transgender people feel more welcome.

31/03/17 07:47

Transgender customers with HSBC can now choose from ten gender neutral titles (pictured). Those who do not identify as a Mr, Mrs, Miss or Ms will be able to choose from a range of options.

22/03/17 02:47

Dirty cash laundered by British banks on behalf of Russian criminals has allegedly been spent on diamonds and a £29million townhouse, leaked documents reveal.

21/03/17 07:54

As much as £65bn could have been moved out of Russia between 2010 and 2014. Out of 70,000 transactions, 1,920 went through UK banks and 373 were processed by US banks.

18/03/17 11:26

Stuart Gulliver, head of HSBC, is being probed by HMRC after it was revealed he has lived in London since 2003, despite claiming non-dom status allowing him offshore tax relief.

15/03/17 18:24

HSBC is understood to be lining up insurance industry veteran Mark Tucker to be its next chairman.

13/03/17 23:18

Mark Tucker is quitting as head of Asian insurer AIA to join the bank. The married father-of-two will take home £1.5m, plus benefits, for up to four days' work a week.

09/03/17 09:41

A heartwarming video has shown a Taiwanese woman being walked down the aisle at her same-sex wedding by her boss, after her father refused to attend because of her sexuality.

21/02/17 22:30

The boss of HSBC has been forced to take a bonus cut over money laundering failings at the bank. Stuart Gulliver took home £5.7million last year, down from £7.4million in 2015.

21/02/17 17:19

The FTSE 100 index continued to be in the red, falling 5.6 points to 7,294.26.

21/02/17 14:57

Despite the slump in profit, the bank’s chief executive Stuart Gulliver saw his like-for-like potential pay package rise to £7.7million last year from £7.3million in 2015.

14/02/17 23:33

Ian Stuart, 53, head of commercial banking for HSBC in the UK and Europe, will switch to lead the bank's British retail and wealth management division.

25/01/17 09:56

Savers with HSBC easy-access Flexible Saver and Instant Access Savings have seen their rate fall to almost zero from today. The bank now pays just 0.01%, or 10p a year interest on each £1,000.

24/01/17 18:09

Britain's biggest bank has been accused of slipping out the decision to cut one in ten of its branches as judges ruled on the most contentious constitutional cases in British legal history.

18/01/17 16:29

The banks' announcements follow yesterday's Prime Minister Theresa May’s speech outlining plans for Brexit, in which she said the UK would definitely quit the single market.

04/01/17 23:16

The announcement comes after a string of economic data painted a rosy picture - despite the grim warnings issued by the Remain campaign's Project Fear.

24/12/16 00:43

Britain's biggest banks are facing multi-billion-pound penalties after two European rivals were hit with fines of more than £10billion in a crackdown on the mis-selling of toxic mortgages.

07/12/16 00:00

Millions of homeowners were told last night by HSBC to prepare for the end of super cheap mortgages as the bank signalled the death of the sub-1 per cent deal.

16/11/16 22:45

The undisclosed deal is due for completion during the first half of next year, with all affected staff switching to Blom.

07/11/16 11:31

Big one-off costs hurt overall profits, as HSBC booked a $1.7billion loss on the sale of its Brazilian unit, plus big bills for restructuring and PPI-related compensation.

03/11/16 23:20

If the case goes to trial, HSBC would face charges that its Swiss unit HSBC Private Banking offered its customers ways of hiding assets from the French taxman, notably via the use of offshore tax havens.

15/09/16 14:21

Hong Kong's securities watchdog found that the bank breached the limit of open positions it could hold in futures and options contracts on two separate occasions.

07/09/16 23:01

Tough US law enforcers are said to be rethinking a deal, which allowed the bank to escape prosecution over past misdeeds in Mexico.

27/07/16 16:06

The news comes after HSBC issued a warning it could begin charging customers for holding their money, although the charge would only apply to funds held in foreign currencies, not in pounds.

25/07/16 02:20

Santander is first to report, followed by Lloyds then Barclays. HSBC and Standard Chartered will both release results on August 3. And Natwest owner RBS will go last on August 5.

21/07/16 15:50

HSBC executive Mark Johnson, 50, who splits his time between London and New York, was held by federal agents as he tried to board a UK-bound flight and thrown in a Brooklyn jail.

13/07/16 01:23

The Chancellor wrote a letter to the then chairman of the Federal Reserve, warning that prosecuting a HSBC could hold 'very serious implications for financial and economic stability'.

12/07/16 13:40

HSBC has been caught up in another row over the world's giant banks, as a new report claims it was 'too big to jail' over US money-laundering charges. We explain.

11/07/16 22:07

HSBC's senior economic advisor, Stephen King, told commercial customers yesterday that there is no cause for panic, arguing the weak pound would make businesses more competitive.

21/06/16 02:05

The cut price rate - which will save homeowners thousands - comes after Bank of England signalled interest rates could stay low for several more years and could even be cut in the coming months.

09/06/16 11:47

Former HM Revenue and Customs chief executive Dame Lin Homer will collect her damehood from the Prince of Wales at Buckingham Palace today.

06/06/16 19:28

The Chancellor accused the Leave campaign of trying to 'deceive' voters that people's livelihoods are not at risk if we cut ties with Brussels.

28/05/16 21:17

Michael Geoghegan, group chief executive of HSBC between 2006 and 2010, laid out seven reasons why he believed the UK was better off outside the EU.

17/05/16 01:19

It means British IT workers will be replaced by staff in lower-wage countries including India, China and Poland.

04/05/16 10:09

For the first three months of the year, the banking giant reported an 18% fall in underlying pretax profits to $5.43billion (£3.7billion), but that was better than the $4.2billion pencilled in by analysts.

18/04/16 10:17

Two crusading US senators are urging an American crackdown on HSBC and other banks at the heart of the Panama Papers tax avoidance scandal.

14/04/16 12:25

The world's local bank should hang its head in shame over the lousy rates it offers customers sending cash overseas. HSBC has been found to be the worst high street bank for forex transfers

23/03/16 10:06

My son, who has ADHD and is registered disabled, has an HSBC current account. When it was opened in 2007, it was made clear that he did not want an overdraft facility due to his limited income.

21/03/16 07:15

McDonagh said she is stunned by how little progress has been made since she joined the bank as a graduate trainee 20 years ago.

18/03/16 14:18

Replacing Flint, who is 60, would then allow the lender to start the quest to find for a successor to chief executive Stuart Gulliver, the bank said, without giving a precise timeline for that change.

23/02/16 00:48

Britain's biggest bank, HSBC, is still being used by criminals – almost four years after it was fined £1.1billion for money laundering. MPs have called for an investigation into HSBC.

19/02/16 13:19

Typing a password to access accounts could soon be a thing of the past for millions of First Direct and HSBC customers as it introduces biometric banking using voice and touch.

15/02/16 11:40

A unanimous vote cast by executives at a board meeting in London yesterday delivered the decision that HSBC will keep its headquarters in the UK.

13/02/16 13:54

Three families united in their grief over the cruel murders of their relatives are suing the financial giant HSBC for allegedly aiding terrorism by laundering billions of dollars for Mexican cartels.

12/02/16 23:25

Barclays, HSBC, Lloyds Banking Group and the Royal Bank of Scotland (RBS) are currently discussing bonus plans worth millions of pounds as they gear up to announce annual results.

19/01/16 10:41

The Nudge app, developed by HSBC, applies a behavioural theory called the 'Nudge theory' to help users spend less and save more.

16/01/16 12:31

A tweet which appeared to give away a man's bank details and pin number has gone viral, with hundreds of re-tweets from people asking for his full details so they could do some online shopping.

05/01/16 15:08

Banking giant HSBC appears to be suffering problems with its online personal banking page on its British website, although it says the mobile banking app is still working for customers.

05/01/16 14:57

HSBC online systems are suffering from a prolonged New Year’s hangover as customers are unable to access their accounts for the second day running.

05/01/16 00:56

HSBC has been let off the hook over alleged tax-dodging after the Financial Conduct Authority decided not to pursue formal action against it following allegations it helped the super-rich avoid tax.

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