European equities closed lower on Friday as investors looked ahead to Sunday, when a referendum that could affect Greece's future in the euro zone will take place.» Read More
Dickie Wong, Executive Director at Kingston Securities says he is not bullish on the HSBC share price after the earnings announcement. He explains why.
HSBC and Standard Chartered will report a reduction in their bonus pools, reflecting separate settlements with U.S. authorities over probes into money laundering and sanctions violations, Sky News reported on Sunday.
Donna Kwok, Greater China Economist at HSBC says China is in a stronger position than last quarter since the annual Chinese New Year dip was smaller than previously.
Victims of 10 banks' shoddy lending practices will receive checks starting in April, even as some say the settlement is flawed.
Capital One's sale of its Best Buy credit card portfolio to Citigroup underlines the company's revenue-growth challenge.
Criticized for letting Wall Street off the hook, the Justice Department is building a new model for prosecuting big banks.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Royal Bank of Scotland will be punished for its role in the global interest-rate rigging scandal with fines amounting to $612 million, the British bank said on Wednesday.
Banks that rigged interest rates behaved in "brazen, flagrant" fashion, the head of the Commodities and Futures Trading Commission told CNBC on Wednesday.
HSBC's biggest restructuring was to simplify the bank's complex structure and wide geographical spread which had made it attractive to money-laundering criminals.
Asian stocks closed mixed on Monday after Wall Street hit a five-year high in the previous session as strong economic data buoyed sentiment.
The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.
China approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, completing the biggest equity purchase in the country by a foreign investor.
For all the doomsayers predicting an end to its mining boom, Australia is pumping out more metal, coal and gas thanks to a investment bonanza that will peak this year, boosting exports needed to extend a jaw-dropping 21-year run of economic growth.
Bank probes find manipulation in Singapore's offshore FX market - source Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries.
CNBC's Sharon Epperson reports HSBC says it "no longer views gold as a sound investment."
Banks in Spain, Italy, Ireland and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's said on Thursday, meaning European taxpayers may again be tapped for cash.
The European Central Bank (ECB) and European Banking Authority (EBA) are aiming to carry out a joint stress test on Europe's major banks in September, sources told Reuters.
Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still doesn't trust them.
The nascent market for "dim sum" bonds - denominated in Chinese yuan but issued outside the mainland - is poised for strong growth this year, gaining traction even as China opens its own markets to lure investors' money directly inside its borders.