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  1. Business - Banking & Finance - BANKING

    HSBC tipped for surge in pre-tax earnings

    Posted Oct 31st 2013, 10:49am by KANIS LI

    ... Kanis Li kanis.li@scmp.com While analysts are eyeing US$5.4b for bank's third quarter, they also point to likelihood of raised provisions and a drop in return HSBC tipped for surge in pre-tax earnings Banking giant HSBC is set to report a surge in third-quarter pre-tax profit next week on the back of its fast-growing Asia-Pacific business and increased trade flows. However, ...

    http://www.scmp.com/business/banking-finance/article/1344305/hsbc-tipped-surge-pre-tax-earnings
  2. Comment - Insight & Opinion

    Democracy diatribes are making us all mad in Hong Kong

    Posted Jul 11th 2014, 12:52pm by Michael Chugani

    ... lecturer for writing about the couple's daughter, who posted a Facebook picture of her slashed wrist. Democracy activists pressure HSBC to backtrack on a report warning that Occupy Central ... slams the HSBC report with the argument that the civil disobedience protest would only cause a temporary disturbance? Former chief secretary Anson Chan Fang On-sang said in a recent radio ...

    http://www.scmp.com/comment/article/1551827/democracy-diatribes-are-making-us-all-mad-hong-kong
  3. Sport - Rugby

    HSBC pulls sponsorship from Asian Five Nations and Asian Sevens Series

    Posted Apr 27th 2014, 01:00am by Alvin Sallay

    ... Alvin Sallay alvin.sallay@scmp.com Blow to Asia as HSBC pulls out of key events HSBC has pulled its title sponsorship from Asia's pre-eminent rugby competitions – the Asian Five Nations and Asian Sevens Series – forcing the Asian Rugby Football Union (ARFU) to downsize the top-flight A5N division from next year.   ARFU president Trevor Gregory admits that HSBC ...

    http://www.scmp.com/sport/rugby/article/1497965/hsbc-pulls-sponsorship-asian-five-nations-and-asian-sevens-series
  4. Business - Banking & Finance - LAWSUITS

    US court fines HSBC US$2.46 billion over Household International case

    Posted Oct 19th 2013, 03:12am by KANIS LI AND REUTERS

    ... Kanis Li and Reuters kanis.li@scmp.com The bank plans to appeal the verdict that its former unit violated federal securities laws Court hits HSBC with US$2.46b Household fine HSBC has been ... laundering last year. HSBC had made a US$1.7 billion provision related to legal proceedings and regulatory matters in its first-half results. “HSBC has already made some provision on the case ...

    http://www.scmp.com/business/banking-finance/article/1334931/us-court-fines-hsbc-us246-billion-over-household
  5. News - Hong Kong

    HSBC to make life easier for customers withdrawing cash abroad

    Posted Oct 07th 2013, 10:09pm by Howard Winn

    ... Howard Winn howard.winn@scmp.com The wait is over for HSBC’s long suffering customers who have been unable to withdraw cash in many countries, particularly outside Asia, using their ATM cards. HSBC will announce on Tuesday that customers can start applying for a new ATM card that uses the Plus payment network, which can be used in addition to the bank’s current ATM cards ...

    http://www.scmp.com/news/hong-kong/article/1326680/hsbc-make-life-easier-customers-withdrawing-cash-abroad
  6. Comment - Blogs

    HSBC strikes again as overseas withdrawal problems continue

    Posted Sep 08th 2013, 09:38am by Anna Healy Fenton

    ... from an HSBC ATM machine in Taunton in England. That led to the discovery of two things which have driven HSBC customers nuts this summer: firstly, that the bank had reset everyone’s overseas ... The other thing HSBC did was to ditch Plus and Cirrus in favour of the cheaper mainland China clearing house UnionPay, which operates chiefly in China. And despite the bank’s protestations ...

    http://www.scmp.com/comment/blogs/article/1306100/hsbc-strikes-again-overseas-withdrawal-problems-continue
  7. Business - Comment - LAI SEE

    HSBC action to put hunger strikers out of their misery

    Posted Apr 11th 2014, 12:29am by Howard Winn

    ... Howard Winn HSBC has taken legal action against the pan-democrat hunger strikers encamped on the ground floor of its headquarters at 1 Queen's Road Central. It took out a summons ... appears to have atrophied significantly since the days of the pre-Benny Tai Occupy Central movement. That protest lasted about nine months before HSBC felt sufficiently emboldened to go ...

    http://www.scmp.com/business/article/1474467/hsbc-action-put-hunger-strikers-out-their-misery
  8. Comment - Letters

    Letters to the Editor, July 2, 2014

    Posted Jul 02nd 2014, 04:54am by LETTERS

    ... on an HSBC credit card. Earlier this month, I lost my credit card in London. As soon as I realised it had gone, I called the HSBC credit card hotline to report the loss. I was put on hold. I waited and waited Finally, I hung up and called again. I called the card centre nine times and spent more than HK$500 on hold without ever managing to report the card lost. Why don't HSBC hotline staff ...

    http://www.scmp.com/comment/letters/article/1544414/letters-editor-july-2-2014
  9. Business - Banking & Finance - MONEY LAUNDERING

    US monitor says HSBC’s anti-money-laundering fixes leave ‘much work to be done’

    Posted Apr 02nd 2014, 03:51pm by Reuters

    ... Reuters HSBC has made some progress in improving its anti-money laundering programme, as required by a 2012 deferred prosecution agreement with the US Justice Department, but there remains ... Cherkasky to monitor HSBC’s compliance with the agreement. Tuesday’s report describes Cherkasky’s conclusions to date. “Based on his initial review and subsequent conversations with the bank, ...

    http://www.scmp.com/business/banking-finance/article/1463131/us-monitor-says-hsbcs-anti-money-laundering-fixes-leave
  10. Business - Comment - JAKE'S VIEW

    HSBC of today lacking in vision that had helped it grow

    Posted Aug 08th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp jake.vanderkamp@scmp.com The banking giant is searching for ways to achieve earnings per share growth, but using the lean and mean strategy may be difficult HSBC of today ... is unchanged and our priorities are clear." Stuart Gulliver HSBC group chief executive SCMP, August 6 Back in the days when I worked as an investment analyst, this was the sort of statement ...

    http://www.scmp.com/business/article/1295158/hsbc-today-lacking-vision-had-helped-it-grow

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