HSBC

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HSBC CEO to give bonus to charity: reports

Michael Geoghegan, the chief executive of Europe's biggest bank HSBC Holdings , is set to give his bonus to charity, newspapers have reported, following a high-profile row over the sums paid to bankers.
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HSBC seeks big growth, sukuk pickup in 2010

HSBC expects double-digit revenue growth this year in its Amanah Islamic banking division and more sukuk mandates than in 2009, Razi Fakih, deputy chief executive of Amanah told Reuters.
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France says will keep using stolen Swiss bank tax data

France will continue to use data stolen from a Geneva private bank in its drive against tax evasion, its budget minister said on Tuesday, a day after French officials agreed to return the client lists to Switzerland.
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Investor brains target smart climate finance

Smart financing can multiply limited public funds to fight climate change, say investors targeting a financing gap and a major stumbling block for the world to agree a new climate deal.
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KPMG to represent Dubai's creditor banks: report

Banks who lent over $30 billion to Dubai World, the debt-laden state investment group, plan to appoint auditors KPMG to represent them in talks over recovering their money, the Independent on Sunday newspaper reported.
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Gold hits record as dollar slips

Gold raced to a record high above $1,140 an ounce on Monday, gaining 2 percent as a weakened dollar boosted funds' risk appetite for investments across the board.
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S.Korea's NPS to buy HSBC's London HQ for $1.3 bln

South Korea's National Pension Service (NPS) will sign an 800 million pounds ($1.33 billion) sale and leaseback deal next week for HSBC's European HQ in London, an official at the fund said on Friday
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Barclays, HSBC signal bad debts may have peaked

Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit.
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HSBC, Barclays signal bad debts may have peaked

Britain's top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first drop in U.S. consumer finance impairments for three years.
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HSBC underlying profits ahead, U.S. bad debts dip

Europe's biggest bank HSBC Holdings said its underlying third quarter profits were significantly ahead of a year ago and said losses on U.S. consumer loans had shown their first fall in three years.
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Dollar slides on G20, IMF; euro above $1.50

The dollar weakened broadly on Monday, pushing the euro above $1.50, after a weekend G20 meeting and U.S. jobs data last week did little to alter the view that U.S. interest rates will stay low for some time.
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Oil rises above $77, China data supports

Oil rose above $77 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.
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Oil rises towards $78, China data supports

Oil rose toward $78 a barrel on Monday, recovering from the previous session's steep drop, after manufacturing data from China revived expectations economic recovery would generate extra fuel demand.

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