HSBC launches HSBC Innovation Banking, including former SVB UK
HSBC today unveiled HSBC Innovation Banking, which includes the former Silicon Valley Bank UK (SVB UK).
HSBC
CFTC imposes $45M fine on HSBC for manipulative and deceptive trading
The CFTC order charges HSBC with manipulative and deceptive trading related to swaps with bond issuers, spoofing, and supervision failures.
HSBC shareholders vote against proposed strategy review
The majority of the votes at the HSBC AGM were cast against a proposed strategy review, in line with the Board recommendation.
HSBC CEO unveils plans for special dividend in H1 2024
HSBC CEO and Chairman slam proposal for fixing dividends and recommend to shareholders to vote against this resolution.
Former HSBC exec seeks summary judgment in lawsuit brought by CFTC
The CFTC alleges that Christophe Rivoire, a senior member of HSBC’s rates trading desk in New York, engaged in market manipulation.
HSBC recognises provisional gain of $1.5bn on acquisition of SVB UK
After initial deposit outflows following HSBC’s acquisition of SVB UK, deposits are now stabilising.
HSBC responds to Ping An statement
HSBC has addressed the matters raised in the statement issued by Ping An Asset Management Company.
Ping An pushes for structural reform at HSBC
Ping An slams HSBC Group for having drained HSBC Asia of dividends and growth capital to support its relatively low return non-Asia businesses.
Major banks rebuff FX price fixing claims
HSBC, JPMorgan, Citi, Barclays, BofA, and UBS have managed to beat claims that they conspired to fix prices in the FX market.
HSBC acquires SVB UK for £1
HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring SVB UK for £1.
