Chinese manufacturing contracted in May for the seventh consecutive month as exports deteriorated, British banking giant HSBC said Thursday, arguing the data showed the need for more policy easing. HSBC's
HSBC, Europe's biggest bank, beat expectations with an underlying profit of almost $7 billion in the first quarter thanks to a rebound in investment banking income and a fall in
The Reserve Bank is likely to go in for more forceful regulatory changes and aggressive direct intervention to stabilise the declining value of rupee, says a research note by HSBC.
Competition watchdog CCI has approved the proposal of HSBC to acquire retail and commercial assets of Royal Bank of Scotland (RBS NV) and wealth management business of RBS Financial Services
India's benchmark sensitive index Sensex, which has already risen 15 per cent so far this year, may add another 10 per cent and is likely to touch the 19,300- level
HSBC is cutting more than 2,200 jobs in Britain as part of its drive to slash costs and boost profitability in the face of a changing banking landscape.
Unite union
HSBC, Europe's biggest bank, is set to cut about 2,000 jobs in Britain on Thursday as part of its drive to slash costs and boost profitability in the face of
The Reserve Bank of India should reduce CRR and SLR to ease the stress on liquidity, HSBC Asia Pacific Director and India Country Head Naina Lal Kidwai said. "We should
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