HSBC Holdings (HSBA)23 May 2024 12:53
HSBC fined £6.3m over treatment of customers in financial difficulty
(Sharecast News) - HSBC has been fined nearly £6.3m by the Financial Conduct Authority over its treatment of customers in financial difficulty.
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Bank of Communications to allow HSBC appoint Vice Chairman
Mon, 10th Aug 2015 11:51
(ShareCast News) - China's Bank of Communications (BoCom) will allow HSBC Holdings to name a vice chairman for its board amid a restructuring of its ownership.The move comes part of the the Shanghai-based bank's plan to give private capital a bigger role, people familiar with the matter told Bloomberg. Although no further details were disclosed, the sources said that the vice president chosen by HSBC will probably assume the position by the end of September.China's finance ministry holds 26.5% of BoCom's stake. HSBC owns 18.7%.
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IN BRIEF: HSBC issues EUR1.25 billion fixed to floating rate notes
HSBC Holdings PLC - London-based Asia-focused lender - Issues EUR1.25 billion 3.755% fixed to floating rate notes due 2029 under its debt issuance pro...