Tag: HSBC

• Tuesday, February 28th 2012 - 04:21 UTC

  Europe’s biggest bank with record profits from operations in Latam and Asia

  

  HSBC Holdings Plc said a 1 billion dollars increase in its wages bill in Brazil, China and other emerging markets was the price of avoiding the stagnant growth which has dogged some rival lenders more dependent on Europe.

• Tuesday, December 7th 2010 - 18:50 UTC

  HSBC sued 9 billion USD by Maddoff’s investment liquidation trustee

  

  The trustee for the liquidation of Bernard Madoff's investment firm is suing HSBC for 9 billion USD. Irving Picard, who is seeking to recover funds on behalf of Madoff's victims, is alleging 24 counts of fraud and misconduct against the bank.

• Wednesday, April 28th 2010 - 06:29 UTC

  Banks Serving Rich Argentines Moving from Bs. As. to Miami and Montevideo

  

  More than ten investment banks, including Wells Fargo, HSBC, Merrill Lynch and Credit Suisse, will leave Argentina in the coming weeks, a Buenos Aires newspaper reported Monday.