360° Coverage : HSBC settles case over millions lost investing with Madoff...

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HSBC settles case over millions lost investing with Madoff Banking

Source: Irish Times, Nov 12 2012, 6:45pm CST

HSBC bank has settled a legal case over millions in losses by a fund that invested with jailed financier Bernard Madoff, ending what would have been a six-week trial in Dublin a day after it started. HSBC settled the disp ...

Continue reading on: Irish Times

 
 
Update
10

2 hours ago

Hong Kong widens Hibor probe

Source: The Australian  |   Jun 18 2013, 4:22pm CDT

THE Hong Kong Monetary Authority said it had expanded its probe into possible manipulation of the city's benchmark interbank lending rate by including HSBC and other banks. The investigation, which started in December, initially targeted ...

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Update
9

5 hours ago

China hard-landing worries investors

Source: The Telegraph  |   Jun 18 2013, 1:15pm CDT

China is evidently on investors’ minds. While speculation of a rate cut in the East lifted the FTSE 100, worries over its economy were also a prominent feature of a well-followed fund manager survey that landed in traders’ inboxes today. London’s blue-ch ...

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Click ASCII Image to Reveal Celebrity

 
Update
8

5 hours ago

HSBC Pulled Into Hibor Investigation

Source: Wall Street Journal  |   Jun 18 2013, 1:04pm CDT

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or vi ...

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Update
7

6 hours ago

HSBC Pulled Into Hibor Investigation

Source: Wall Street Journal  |   Jun 18 2013, 12:09pm CDT

By Chester Yung HONG KONG—The global rate-fixing investigation widened Tuesday as Hong Kong's de facto central bank said it was investigating HSBC Holdings PLC and other banks about the possible rigging of loc ...

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Currently Trending

 
Update
6

7 hours ago

HK probes HSBC over rate rigging

Source: Business Times Malaysia  |   Jun 18 2013, 11:24am CDT

Published: 2013/06/19 HONG KONG: Hong Kong’s de facto central bank said yesterday that its investigation into possible benchmark rate manipulation has been extended to include HSBC and a number of other banks. The Hong Kong Monetary A ...

Continue reading on: Business Times Malaysia  More like this

 
Update
5

7 hours ago

Banks move higher as FTSE gains ground ahead of US Federal Reserve meeting

Source: Guardian Unlimited  |   Jun 18 2013, 10:56am CDT

A potential beneficiary of rising rates, and an attractive income stock, we upgrade HSBC [with a] target price of 770p. Having been a long-term neutral on RSA, our decision to turn more positive reflects our belief that earnings ar ...

Continue reading on: Guardian Unlimited  More like this

 

Recommended

 
Update
4

7 hours ago

Britain's FTSE rises as traders buy beaten-down banks

Source: Reuters Mobile  |   Jun 18 2013, 10:54am CDT

* HSBC adds over 10 points to the index after upgrade LONDON, June 18 (Reuters) - Britain's blue chip share index rose on Tuesday, as traders bought up beaten-down financial heavyweights in a cautious session ahead of a policy meeting of the U.S. Feder ...

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Update
3

8 hours ago

Buy HSBC Holdings for the Best Banking Yield

Source: Motley Fool  |   Jun 18 2013, 10:25am CDT

Keep track of the stocks that matter to you. Help yourself with the Fool's FREE and easy new watchlist service today. LONDON -- Remember the good old days when investors held banking shares for their safe dividend income? The financial crash shattered th ...

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Update
2

10 hours ago

Banks hired for inaugural Federal-regional bond

Source: Reuters  |   Jun 18 2013, 8:21am CDT

LONDON, June 18 (IFR) - The inaugural joint bond issue between the German Federal Republic and its regions has been mandated to Barclays, Commerzbank, Deutsche Bank, DZ Bank, and HSBC, said one of the lead banks on Tuesday. The Bund-Laender-Anleihe bond, ...

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Update
1

11 hours ago

Libor Scandal: Former Trader Charged

Source: Sky News  |   Jun 18 2013, 6:57am CDT

Tom Hayes was formally charged with eight offences of conspiracy to defraud when he attended Bishopsgate Police station in the City on Tuesday morning. The 33 year-old from Surrey, who used to work for UBS and Citigroup, was on ...

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