Listen To The Second Episode Of Our FinCEN Files Podcast — How HSBC Never Cleaned Up Its Act 2020/09/24 14:55:32 BuzzFeed News
What happened after HSBC, El Chapo’s Bank, apologized for being dirty.
China’s biggest banks may follow HSBC in trimming dividend payout amid biggest earnings setback since 2008 crisis 2020/09/24 06:32:34 South China Morning Post
Chinese banks may have to trim or even skip dividend payout this year, in the footsteps of some western banks, because of the biggest earnings setback since the global financial crisis in 2008.Report cards from some of the nation’s biggest lenders this quarter have pointed to the worst slump in more than a decade. Lenders have been asked to perform national service by sacrificing their profitability to support the country’s economic recovery.Shrinking profit is likely to prompt lenders to shore…
HSBC loyalists lose faith after stock’s US$83b plunge 2020/09/24 05:11:49 The Edge Markets
HSBC Holdings Plc’s tumbling stock price is testing the patience of even the bank’s most loyal investors. Choi Chen Po-sum, a former vice chair of Hong Kong’s exchange who has owned HSBC shares for more than 40 years, now calls her investment a mistake.
HSBC and Goldman Sachs delay plans for return to offices in England 2020/09/23 11:34:35 The Guardian
Banks’ decision follows government Covid-19 U-turn on back-to-work drive
HSBC and rivals halt back to office plans after Boris Johnson speech 2020/09/23 10:03:00 Evening Standard
Banking giant HSBC has brought its back-to-the-office plans to a screeching halt after Boris Johnson told the country to work at home if people can. Following the Prime Minister’s address, Britain’s biggest bank wrote to staff to formally pause "phase one" of its efforts to bring employees back. Sources said staff in the “low hundreds” had begun returning to its UK offices,