HSBC pulling back from China credit card business
Exclusive: HSBC pulling back from China credit card business after struggling to expand
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.
HSBC to pull back from China credit card business; Switzerland charges Lombard Odier with money laundering
Swiss private bank Lombard Odier has been charged with aggravated money laundering by Switzerland’s federal prosecutor. In a filing on Friday, the prosecutor said the bank played a “decisive role” in concealing the illicit activities of Gulnara Karimova, the daughter of Uzbekistan’s late president, Islam Karimov.
TD Bank has hired Georgia Stavridis from Royal Bank of Canada to become a vice president in financial crimes risk management, ...
HSBC Holdings Plc’s head of loan syndications for Greater China, Anita So, is retiring after a 36-year career in banking, ...
The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO that will slash the ...
HSBC on Wednesday lost its challenge against a 31.7 million euro ($33.4 million) EU cartel fine after Europe's second top ...
The bank cut the sustainability role from its executive committee in an October reshuffle. HSBC on Monday also named an interim risk and compliance chief.
This weekend, the highly anticipated HSBC SVNS Series kicks off in Dubai, bringing together a thrilling array of matches, ...
HSBC Bermuda issued a warning today about an increase in scam attempts targeting the public through phone calls [vishing] to ...
HSBC's Pranjul Bhandari maintains a GDP growth forecast of around 6.5% for Q2, though she acknowledges key challenges. Urban ...
HSBC on Monday said Celine Herweijer has taken the decision to step down as group chief sustainability officer, weeks after a ...
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