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Money laundering case: HSBC to pay $1.9 bn fine

HSBC Holdings Plc has agreed to pay $1.92 billion to settle a multi-year US criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank.HSBC admitted......
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HSBC profit leaps as drop in fines counters Asia slowdown

By Lawrence White and Steve Slater HONG KONG/LONDON (Reuters) - HSBC profit jumped by a third in the latest quarter as a drop in fines for past... ...
HSBC beats profit expectations on drop in fines

HONG KONG HSBC reported a better than expected 32 percent rise in pretax profit for the third quarter, thanks to reduced costs from fines and... ...
Standard Chartered winding down equity derivatives business

Standard Chartered will phase out the businesses in January after exiting from institutional cash equities, equity research and equity capital... ...
China banks come back for more capital as bad loans pile up

BEIJING/HONG KONG: Mounting bad loans are running down Chinese banks' capital buffers, forcing them to turn to investors for fresh funds despite... ...
Barclays set to name former JPMorgan banker Staley as CEO

Britain's third largest bank Barclays PLC is close to naming former JPMorgan Chase banker Jes Staley as chief executive, a move that could signal a... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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