HSBC Sees Dive In Profits, Jump In Negative-Equity Loans
More than one in 10 mortgages are in negative equity or close to being plunged into it, one of the world's biggest banks admitted today. HSBC said it...
More than one in 10 mortgages are in negative equity or close to being plunged into it, one of the world's biggest banks admitted today. HSBC said it...
Tony Sachs | Posted 06.06.2008 | Politics
I love Barack Obama. He inspires a nation. He's our generation's JFK. Our LBJ. Our HSBC. Because we can bank on him doing the right thing for this country.
John Tepper Marlin | Posted 06.04.2008 | Green
If Ceres Climate Change ratings had been used as a proxy for long-term thinking, they would have been helpful. They would, in the context of the illiquidity of the credit markets, have been a good predictor of the Bankers Panic of 2008.
Ecorazzi | Posted 03.24.2008 | Business
In a rare display of corporate promotion, Leonardo DiCaprio paid his first visit to Hong Kong to help launch HSBC's new line of "green" credit cards. ...
Columbia Journalism Review | Dean Starkman | Posted 03.13.2008 | Media
One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...
Times Online | Patrick Hosking | Posted 03.03.2008 | Business
HSBC has stepped up the rate at which it writes off loans to poor Americans to an unprecedented $51 million (£25.7 million) a day as the British bank...
New York Times | Posted 02.10.2008 | Business
HSBC Holdings, the biggest bank in Europe, plans to put about half of its 800 French consumer branches up for sale as it focuses on expanding in Asia ...
Variety | David Hayhurst | Posted 01.21.2008 | Business
Vivendi has secured a Euros 3.5 billion ($5.08 billion) loan to back its acquisition of controlling stakes in U.S.-based vidgame maker Activision and ...
Smart Money | Aleksandra Todorova | Posted 12.20.2007 | Business
You don't have to be an information addict these days to get a sense of the grim realities that the subprime-mortgage crisis and resulting credit crun...
Silicon Valley Insider | Henry Blodget | Posted 11.28.2007 | Business
Mystified about how Wall Street's best and brightest could suddenly up and lose tens of billions of dollars on insanely risky mortgage bets? Eager to ...
AP | Robert Barr | Posted 11.26.2007 | Business
HSBC Holdings PLC, Europe's largest bank, said Monday it will bail out two troubled funds it manages by transferring about $45 billion of their assets...
Wall Street Journal | MARGOT PATRICK | Posted 11.15.2007 | Business
HSBC Holdings Plc (HSBA.L), Europe's biggest bank, said its third-quarter profits were ahead of last year's and revenue growth across the group offset...
MarketWatch | Steve Goldstein | Posted 11.14.2007 | Business
HSBC Holdings on Wednesday said it would have to write off a further $3.4 billion from its U.S. business during the third quarter, but said profit bef...
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Daily Mail | Becky Barrow | Posted 08.04.2008 | Business