Organisation: HSBC Finance

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

HSBC first quarter profits 'well ahead'

HSBC offered further hope for the battered banking sector today as it said pre-tax profits were “well ahead” in the first three months of the year.

Mon, 11 May, 2009

HSBC investor goes on warpath over US mortgage losses

HSBC has come under fresh attack from activist investor Knight Vinke over its senior executive share bonus scheme and hefty US sub-prime mortgage losses, it emerged today.

Sun, 30 Mar, 2008

HSBC cuts 750 jobs in US sub-prime business

Banking giant HSBC today announced plans to close part of its US sub-prime mortgage business, axing 750 jobs.

Fri, 21 Sep, 2007

HSBC warns over rising bad debts in US

HSBC shares were under pressure today after the banking giant increased the amount of money set aside to cover US borrowers defaulting on their mortgages.

Thu, 08 Feb, 2007