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Bank also reaffirms greater shift towards Asia-Pacific, where most of its earnings come fromHSBC is to reduce its office space around the world by nearly 40% as part of sweeping cost cutting designed to capitalise on new part-office-part-homeworking ar…
Read MoreArrest warrant issued over alleged role in cum-ex trades that defrauded the state of million of eurosInterpol has added New Zealand citizen Paul Mora to its list of most wanted criminals, after German authorities issued an international arrest warrant …
Read MoreCampaigners say the deals revealed in new report are a breach of firms’ human rights responsibilitiesHuman rights groups are demanding that two of Britain’s biggest banks explain why they have lent tens of millions of pounds to a technology company bui…
Read MoreTed Hui says move by UK’s biggest bank is act of ‘oppression’ as eight more democracy activists are arrestedA Hong Kong legislator who fled to Europe has called on regulators to investigate the actions of major banks including HSBC, after his accounts …
Read MoreTransactions that could violate Beijing-imposed law should be treated the same as if financing terrorism, says guidanceHong Kong-based banks have been told to report any transactions that they believe may violate the national security law, in new advic…
Read MoreBank’s future remains uncertain as it finds itself under pressure from Beijing and Washington HSBC has been a fixture of the Hong Kong economy for more than a century. However, its origins as a financial bridge between Asia and the west have placed it …
Read MoreMore than a dozen people outside Vancouver courtroom with ‘Free Meng’ signs were promised C$100 for two hours’ work on a movieProtesters calling for the release of a senior Chinese telecommunications executive arrested in Canada have admitted they were…
Read MoreAustralian federal police say livestreaming of children performing sexual acts marks ‘alarming shift’ Australian paedophiles are paying as little as A$15 for children to perform sexual acts online while being filmed in the Philippines, according to the…
Read MoreThe Westpac bank scandal has brought the role of financial institutions in enabling child sexual abuse into sharp reliefOn 25 October plainclothes police barged through the red door of a family home in a dense neighbourhood in Rizal, a province two hou…
Read More3.2% quarterly fall rivals the worst three-month slide during the 2008 financial crisis Hong Kong has plunged into deep recession after its economy was hit by a double whammy of violent street protests and the US-China trade war.Activity contracted by …
Read MoreBank has been under scrutiny for its role in helping to raise $6.5bn through bond offerings Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group in a multibillion-dollar corruption investiga…
Read MoreReport says justice officials examining if bank broke foreign corruption or money-laundering lawsUS officials are investigating whether the crisis-hit Deutsche Bank violated foreign corruption or anti-money-laundering laws in its work for the Malaysian…
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