Hsbc

HSBC Sees Dive In Profits, Jump In Negative-Equity Loans

Daily Mail | Becky Barrow | Posted 08.04.2008 | Business


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...

Barack Obama: Recycling Cans And Making Change

Tony Sachs | Posted 06.06.2008 | Politics


Tony Sachs

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.

Green Banking, Good Banking

John Tepper Marlin | Posted 06.04.2008 | Green


John Tepper Marlin

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.

DiCaprio Promotes Green HSBC Credit Cards

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. ...

How The Press Failed Readers On The Changing Credit Card Industry

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...

HSBC's American Subprime Loan Write-Offs Hit $51 Million A Day

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...

HSBC Expected To Sell 400 Banks

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 ...

Vivendi Secures $5 Billion Loan

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 ...

Is Your Cash Safe At The Banks?

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...

Wall Street Explained: How Citi, Merrill, And HSBC Vaporized Billions

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 ...

HSBC Bails Out 2 Troubled Funds

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...

HSBC Takes A $3.4 Billion Charge

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...

HSBC Takes $3.4 Bil Charge, Warns of Sub-Prime Contagion

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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