Tag Archives: hsbc

Huawei CFO HSBC US charges

HSBC probe helped lead to US charges against Huawei CFO

02 February, 2019 11:21 pm 11:21 pm

NEW YORK/LONDON (Reuters) – An internal investigation by HSBC Holdings PLC into Huawei Technologies’ connections to a suspected front company in Iran found that the Chinese telecommunications equipment maker maintained close financial ties to the firm years after purportedly selling the unit, documents reviewed by Reuters show. The HSBC probe of Huawei came in late … Read More

Brent oil near four-year high ahead of US sanctions against Iran

10 October, 2018 8:11 am 8:11 am

SINGAPORE (Reuters) – Oil prices were firm on Tuesday, holding near a four-year high reached the previous day as markets adjust to the prospect of tighter supply once the US sanctions against Iran kick in next month. Brent crude oil futures LCOc1 were at $84.94 per barrel at 0223 GMT, down 4 cents from their … Read More

HSBC to bolster Asia private banking headcount, double client assets

09 September, 2018 10:51 am 10:51 am

HONG KONG (Reuters) – HSBC Holdings Plc (HSBA.L) aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a bigger share of the business in the world’s fastest-growing wealth market, top executives said. The lender’s private banking expansion plan in Asia, which accounted … Read More

HSBC shifts European branches to French unit control ahead of Brexit

08 August, 2018 8:46 am 8:46 am

LONDON (Reuters) – HSBC has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more European branches, as it prepares for Britain’s exit from the European Union. HSBC France will also acquire the activities of seven European branches in Belgium, the Czech … Read More