Hsbc

Feds Sue BofA, JPMorgan, Others Over Toxic Mortgage Bonds

AP | Posted 05.22.2012

Read More: Federal Deposit Insurance Corp., Fdic, Mortgage Securities, Bank of America, Mortgage Crisis, Royal Bank of Scotland, Hsbc, Deutsche Bank, Ubs, JPMorgan Chase, Video, Credit Suisse, Strategic Capital Bank, Citizens National Bank, Fdic Sues, Ap, Citigroup, Business News

WASHINGTON (AP) — The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois banks ...

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ATM Charity Donation Option To Be Added To 12,000 Machines In UK

Posted 05.09.2012

Read More: Hsbc, Link, Video, Japan Earthquake, Charity, U.K., Wells Fargo, Donating to Charity, Rbs, Atm, Japan, Ron Delnevo, Bank Machine, Royal Bank of Scotland, Jonathan Velline, Impact News

Standing at the ATM, the choices are few -- receipt or no receipt, withdrawal or check balance. But for 12,000 machines in the U.K. there will be ...

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How Do I Get Rid Of My Crap Mortgage?

HuffingtonPost.com | Ben Hallman | Posted 03.29.2012

Read More: Richard Cordray, Hsbc, Foreclosure Crisis, Truth in Lending Act, Subprime Mortgages, Consumer Financial Protection Agency, Bad Mortgage Case, Foreclosure, Bad Mortgage, Money News

How many hoops do homeowners have to jump through to shake off a bad mortgage? This question is at the heart of a growing area of law as judges acr...

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MF Global's 10 Highest-Profile Former Clients

Reuters | Posted 05.27.2012

Read More: Hsbc, Bimbo Foods, Hormel, Coca-Cola, Jon Corzine, Mf Global Collapse, Icahn, Video, Conocophillips, Reuters, MF Global, General Mills, Anheuser-Busch, Slidepollajax, Nestle, Business News

March 26 (Reuters) - ConocoPhillips, billionaire investor Carl Icahn, Coca Cola, Dominion Resources and giant energy trader Mercuria were among high-p...

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Obama's Revenge: Seven And A Half Things

The Huffington Post | Mark Gongloff | Posted 02.27.2012

Read More: Hsbc, Mark Gongloff Things to Know, Economics, Seven and a Half Things You Need to Know, Seven and a Half Things, Germany, President Obama, Economists, Oscars, Warren Buffett, Obama, Seven and a Half Things to Know, 7 1/2 Things, Europe, 7.5 Things, Things You Need to Know Today, Business News

In the year 2525, you will still need to know only seven and a half things each day. Here they are: Thing One: Great-Like Expectations: You may hav...

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Armed Thugs Rob Major Egypt Bank, Armored Car

AP | SARAH EL DEEB | Posted 03.31.2012

Read More: President Hosni Mubarak, Bank Robbery in Egypt, Hsbc, Uprising in Egypt, Dunbar-Armored-Car-Robbers, Bank Robberies, Cairo Crime, Crime News

CAIRO — Egypt's military rulers are considering ways to speed up the transition to civilian rule, including moving up the date for presidential ...

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Bankers Look To 'Recommit' To 'Safety And Soundness' At Davos

Reuters | Posted 03.27.2012

Read More: Davos, Bailouts, Bankers, Greenpeace, Barclays, European Central Bank, NYSE Euronext, Hsbc, Unicredit, JP Morgan, Video, Job Cuts, Reuters, Royal Bank of Scotland, Citigroup, World Economic Forum, Business News

By Alexander Smith DAVOS, Jan 26 (Reuters) - Bankers feel under siege, and from the heights of Davos in the Swiss Alps they are lookin...

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Big Bank's Foreclosure Fine Laughably Small

The Huffington Post | Alexander Eichler | Posted 01.09.2012

Read More: Hsbc, Foreclosure Crisis, Housing Prices, Video, Housing Values, Housing Recovery, Foreclosure, Nevada, Homeowners, Real Estate, Foreclosure Mediation, Reno, Home Foreclosures, Business News

The process known as foreclosure mediation is often cited as a way for distressed homeowners to help themselves -- to sit down with lenders and renego...

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Investors Falling Out Of Love With Hedge Funds

Posted 12.16.2011

Read More: Hsbc, European Debt Crisis, Renaissance Institutional, Video, Hedge Funds, Euro Zone, Man Group, Paulson Advantage Plus, Investors, Polar Capital, Business News

(Laurence Fletcher and Sinead Cruise) - Deep cracks are starting to show in the love affair between hedge funds and their investors, after another...

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China Slowdown Spreading To Services Sector

Posted 12.05.2011

Read More: Hsbc, Global Recession, Pmi, Video, Gdp, Daiwa Capital Markets, Central Bank, Ing, China Federation of Logistics and Purchasing, Monetary Policy, Manufacturing, China Economy, China, Business News

China's services sector cooled in November to its weakest growth in three months, an HSBC purchasing managers' index showed on Monday, the latest ...

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China Factory Sector Shrinks For First Time In Nearly Three Years

Posted 12.01.2011

Read More: Bank Reserve, Hsbc, Video, Purchasing Managers' Indexes, Inflation, China Federation of Logistics and Purchasing, National Development and Reform Commission, Euro Zone, China Factory, China, Development Research Centre of the State Council, China Manufacturing, Business News

BEIJING, Dec 1 (Aileen Wang and Kevin Yao) - China's factory sector shrank in November in the face of weakening demand both at home and abroad, tw...

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S&P Downgrades Last Triple-A Rated Bank

Posted 11.30.2011

Read More: Hsbc, Ubs, Video, Wall Street, RBC Capital Markets, Credit Rating Agencies, Standard & Poor's, Banking Crisis, Banks, Rabobank, AAA Rating, Moody's, Business News

Dutch cooperative bank Rabobank lost its cherished triple-A rating from Standard & Poor's as the global banking crisis finally caught up with the ...

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China's Slowing Factory Production Fuels Fears Of Global Recession

Posted 11.23.2011

Read More: Hsbc, European Debt Crisis, Pmi, Video, Bank of America/Merrill Lynch, Inflation, Euro Zone Debt Crisis, World Bank, Standard & Poor's, Manufacturing, China Economy, Recession, China, Business News

(Koh Gui Qing) - China's factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey ...

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Big Banks' Latest Problem? They're Sitting On Too Much Cash

The Huffington Post | Alexander Eichler | Posted 12.25.2011

Read More: Hsbc, Investments, Video, Bank Layoffs, Bank Lending, Bank Closings, Lending, Occupy Wall Street, Bank Transfer Day, Bank of America, Banking, Banks, Borrowing, Bank Loans, Credit Unions, Business News

The economy is only barely growing, making some consumers and businesses skittish about taking out loans and with banks not lending that money out, it...

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10 Companies With The Best Customer Experience

The Huffington Post | Harry Bradford | Posted 11.20.2011

Read More: American Express, Hsbc, Hp, DVD Service, Apple, Banking, Netflix, Customer Experience, Customer Service, Beyond Philosophy, Telecom, Business News

Some companies are just better at making sure customers feel good. And there is a whole industry based around maximizing customer experience at "a...

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Capital One Merger Presents Federal Reserve With 'Too Big To Fail' Test

Posted 11.18.2011

Read More: Hsbc, Dodd-Frank, Capital One, Ing, Financial Reform, Too Big to Fail, Banking, Federal Reserve, Systemic Risk, Big Banks, Video, Business News

(ALEXANDRA ALPER, Reuters) - Consumer groups will try to convince the Federal Reserve this week that rubber stamping the Capital One Financial Cor...

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Europe's Biggest Bank To Cut 3,000 Jobs In Hong Kong

Posted 11.07.2011

Read More: Hsbc, Bank Layoffs, Wall Street Layoffs, European Bank Layoffs, Hsbc Major Banks, Hsbc Jobs, Hsbc Layoffs, Video, Business News

HSBC (0005.HK) (HSBA.L), Europe's biggest bank, is to cut 3,000 jobs in Hong Kong over the next three years as it targets its first wave of an agg...

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Capital One To Buy HSBC's U.S. Credit Card Division

AP | Posted 10.10.2011

Read More: First Niagara Financial Group, Hsbc, Banks, Mergers and Acquisitions, Mastercard, Capital One Financial Corp., Credit Cards, Visa, Savings, ING Direct, Business News

MCLEAN, Virginia — Capital One Financial Corp. said Wednesday that it will buy the U.S. credit card arm of Britain's HSBC for a premium of about...

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America's New Fear: Double-Dip Recession

Posted 10.03.2011

Read More: Layoffs, Deutsche Bank, Treasury Secretary Lawrence Summers, European Debt Crisis, Hsbc, Goldman Sachs, Unemployment, Double-Dip Recession, Commerzbank, Jpmorgan, Spain, Lloyds Banking Group, S&P 500, Business News

(Neil Fullick) - In a matter of days, investor relief that the United States avoided default has been replaced by fears Europe's debt crisis is de...

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U.S. Private Employers Add More Jobs Than Expected In July: ADP

Posted 10.03.2011

Read More: Layoffs, Hsbc, Bank Layoffs, Unemployment Rate, Double-Dip Recession, Great Recession, Adp, Jobs, Jobless, Economic Recovery, Debt Ceiling Deal, Video, Business News

NEW YORK (Reuters) - Private employers added 114,000 jobs in July, topping economists' expectations, a report by a payrolls processor showed on We...

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HSBC Fires In Europe, To Hire In Asia

The Huffington Post | William Alden | Posted 10.02.2011

Read More: European Debt Crisis, Hsbc, Ubs, Goldman Sachs, Wall Street Layoffs, Morgan Stanley, Unemployment, Credit Suisse, Wall Street, Economic Crisis, Business News, Financial Crisis, Hsbc Layoffs, Business News

HSBC, Europe's largest bank, is firing people in Europe and the U.S., and hiring people elsewhere. With profits from its Asian and Latin American b...

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Another Big Bank Rolls Out Thousands Of Job Cuts

Posted 10.02.2011

Read More: Layoffs, Hsbc, Goldman Sachs, Ubs, Unemployment, Credit Suisse, Profits, Lehman Brothers, Jobs, Greek Debt Crisis, Barcap, Barclays, Business News

(Steve Slater) - Barclays is set to cut about 3,000 jobs this year to reduce costs after a drop in bond trading and an insurance mis-selling charg...

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HSBC Heads For $11 Billion Profit As Revamp Takes Shape

Posted 09.30.2011

Read More: Hsbc, Bank Profits, Banks, Global Economy, Europe, HSBC Holdings, Business News

LONDON (Steve Slater) - HSBC Holdings Plc (HSBA.L: Quote, Profile, Research, Stock Buzz) should unveil a half-year profit of near $11 billion on M...

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Britain's Largest Mortgage Lender Axing 15,000 Jobs

Posted 08.30.2011

Read More: Hsbc, Layoffs, Switzerland, Job-Cuts, Arne Duncan, United Kingdom, Mortgage Lending, Lloyds, Banks, Italy, United Trade Union, Lloyds Banking Group, London, British Pound, Business News

LONDON (Sudip Kar-Gupta and Steve Slater) - Lloyds will axe 15,000 jobs and halve its international presence, a plan its new boss hopes will save ...

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To Keep Taxpayers Off The Hook, World's Biggest Banks Face Increased Capital Requirements

Posted 08.17.2011

Read More: Hsbc, Deutsche Bank, 2008 Financial Crisis, Goldman Sachs, Morgan Stanley, Capital Surcharge, Too Big to Fail, Bank Bailout, Capital Requirements, Business News

FRANKFURT/LONDON (Sakari Suoninen and Huw Jones) - The world's biggest banks face a capital surcharge of up to three percent in a bid to keep taxp...

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