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  1. Occupy activists refuse to budge from HSBC

    Posted Aug 11th 2012, 12:00am

    ... Thomas Chan thomas.chan@scmp.com Occupy Central protesters say they will keep fighting to remain in a public walk-through area beneath HSBC's headquarters in Central, no matter how ... passage in an agreement made with the government in 1983. In June, HSBC asked the High Court to rule that it was entitled to recover possession of the plaza- which the bank says the occupiers have ...

  2. HSBC bullish on China business

    Posted Jul 31st 2012, 12:00am

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com HSBC, Europe's biggest bank by assets, says it remains 'confident' about its growth in China as the outlook in Europe ... including Hong Kong and mainland China would drive its revenue growth. HSBC remained 'confident of a 'soft landing' in China', where growth was likely to reach or exceed 8 per ...

  3. HSBC's unhappy hunting ground

    Posted Jul 23rd 2012, 12:00am

    ... To its many Hong Kong shareholders and customers HSBC remains their bank and a pillar of society, even if its identity has now been globalised. They would have been dismayed, therefore, with the blemished image that emerged from Washington last week. The US has not been a happy hunting ground for HSBC, after a disastrous venture into subprime consumer loans. Now, the hunter is the hunted. ...

  4. Activists given two weeks to file defence against HSBC

    Posted Jul 17th 2012, 12:00am

    ... Joyce Man joyce.hyman@scmp.com A court yesterday gave Occupy Central participants two weeks to file their defences as HSBC pressed on with an attempt to remove them through legal action. ... Central' to accommodate protesters wishing to join the suit. The plaza is the bank's private property but was designated a public passage in an agreement with the government in 1983. HSBC last ...

  5. HSBC postpones review on UK relocation

    Posted May 22nd 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com HSBC will indefinitely postpone a review on the relocation of its headquarters because of regulatory uncertainties, chief executive Stuart Gulliver said ... of being headquartered in Britain still outweighed the disadvantages of not moving. The bank's retail business in Britain was still a 'brilliant operation', but HSBC would keep ...

  6. HSBC invites occupiers to unoccupy plaza

    Posted May 31st 2012, 12:00am

    ... Danny Mok danny.mok@scmp.com HSBC has asked anti-capitalist campaigners who have been occupying the plaza under its Central offices for more than six months to leave voluntarily, to make ... on the bank's intranet, HSBC's head of communications for Hong Kong, Gareth Hewett, said: 'In preparation for a number of community events in the plaza at HSBC Main Building later in the year, ...

  7. HSBC woos SMEs as loan growth slows

    Posted Apr 14th 2012, 12:00am

    ... Anita Lam Anita.lam@scmp.com HSBC is offering free business information and tips to small and medium-sized enterprises worldwide in a bid to draw more loan applications ahead ... According to HSBC, global trade is expected to double in value in the next decade to US$33 trillion, while Hong Kong's trade is forecast to enjoy average growth of 4.47 per cent a year between ...

  8. China the key to HSBC's success

    Posted Mar 09th 2012, 12:00am

    ... HSBC says the worst is nearly over for the restructuring of its operations in Hong Kong. Generally that is true for the bank as a whole. Most of its woes from the financial crisis stemmed from the US$15.5 billion purchase of a US subprime retail mortgage lender responsible for accumulated losses of US$50 billion. HSBC has been running this business down to the extent ...

  9. Hsbc shares fall on news of soft profit

    Posted Feb 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com HSBC's shares fell yesterday as underlying profit was hit by higher costs. The bank's underlying pre-tax profit fell 6 per cent to US$17.7 billion. ... to ?.51 (HK$67.78) in early afternoon trading, the largest intraday drop since November 9. HSBC chief executive Stuart Gulliver said emerging markets such as Brazil, China and Latin America ...

  10. HSBC staff plan to take sick leave in job protest

    Posted Jan 20th 2012, 12:00am

    ... Ng Kang-chung and Lulu Chen HSBC employees are planning a 'sick-leave protest' next week after a rumour made the rounds that the bank will sack up to 1,000 people after the Lunar New Year holiday. An online campaign is calling for HSBC staff to phone in sick next Thursday, when the bank reopens for business after a three-day break. The brewing labour dispute comes ...




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