HSBC's proposed takeover of RBS India assets falls through
A proposed acquisition by global banking giant HSBC of another UK-based bank RBS' Indian retail and commercial banking business has failed to fructify, as the transaction deadline expired on Friday wi
Investigate HSBC, BJP tells government
Stating that it was the first to demand that black money stashed away abroad be brought back, the BJP Friday asked the government to investigate the operationss of HSBC bank in India.
Speaking shortl
HSBC under probe for opening alleged criminals' accounts
HSBC, Britain's biggest bank, is at the centre of a major Revenue and Customs investigation after
it opened offshore accounts in Jersey for 'serious criminals' living in the country, The Telegraph rep
RBI widens StanChart, HSBC probe to other foreign banks
The Reserve Bank has widened its probe into the affairs of British banking giants HSBC and Standard Chartered to a host of other foreign banks for alleged breach of controls against money laundering a
Deficient rainfall to impact output, inflation: HSBC
The shortage in rainfall this year is likely to impact inflation and output, as the agriculture sector may witness a decline in the current fiscal year, an HSBC report said.
India is looking at a dr
HSBC case: RBI looking into issues raised by US Senate
The Reserve Bank is looking into the issue of non-compliance of anti-money laundering norms by the Indian staff of HSBC raised by a US Senate Committee, a senior Finance Ministry official said on Thursday.
HSBC apologises for ‘mistakes’ in tackling terror funding
Apologising to the US lawmakers for its 'mistakes' in tackling terror funding and money laundering related risks, global banking giant HSBC on Tuesday said it is committed to fixing the lapses with the bank's risk management system.
Manufacturing slows emerging market growth
Economic growth across emerging markets eased in the second quarter of 2012, dragged down by lacklustre manufacturing sector activity, especially in China and Brazil, an HSBC survey showed on Wednesda
June services PMI expands for 8th month at slower pace
India's services sector in June expanded for the eighth straight month although at a slower clip, but new orders picked up and firms hired workers at the fastest pace in a year, a business survey show
Indian factory growth at four-month high in June
India's factory sector expanded in June to a four-month high, a key survey showed on Monday, indicating an improvement in business conditions despite widespread concern over the nation's economy.
The