UK banks complicit in Nigerian corruption

" A report by the anti-corruption monitor Global Witness has accused four UK banks of accepting millions of pounds from Nigerian politicians accused of corruption. Global Witness said the banks - HSBC, Barclays, Natwest and Royal Bank of Scotland - took questionable deposits...

HSBC's Stephen Green to Step Down as Chairman to head trade ..

Stephen Green, chairman of HSBC is expected to step down from the bank to take up the role of trade minister in the coalition government.Green's departure, which is likely to be announced today, would end a...

Debt in FarmVille: 12-Year-Old Spends $1400 on Facebook Game

A 12-year-old British boy racked up almost $1,400 in real debt on FarmVille by using his mom’s credit card to buy virtual items in the online game over the course of 2 weeks. He spent about $440 of his own money...

Vancouver fireworks kick off Wednesday night

"The crowds will return to Vancouver's beaches Wednesday evening for the first of four fireworks shows on the waters of English Bay." The fireworks are happening right now in Vancouver.  I've set up...

President Obama & NY Attorney General Cuomo Outraged by AIG

""Taxpayers of this company are now supporting AIG, and they deserve at the very least to know how their money is being spent." Andrew Cuomo, New York Attorney General. " When word got out that AIG, the failed...

Bank giant HSBC axes 1,100 jobs

Amidst the world economy heading dangerously towards recession and after two of the big bank's failur to stay afloat, job losses were ominous.India's IT sector has stopped hiring new software engineers. Recession...

Google, HSBC Offer Cheap Internet

3 billion people are getting broadband from Spain to South Africa, thanks to Google and HSBC. What ever other wrongs have been committed by these companies, this would seem to be a good thing. "LONDON - Google...

Brian the fake sumo hits bank's credibility

HSBC - self-styled 'the world's local bank' scores an own goal with their culturally insensitive sumo wrestler ad. With all the money that the banks make despite the credit crunch one would think that their budget...

HSBC precious metal forecasts looking up but not far enough « Peter J. Coope...

HSBC has raised its 2008 price forecast for gold to $915 an ounce from $850. You have to wonder, having upgraded its 2008 forecast by a large margin - how long before the bank does it again?

HSBC says buy Gulf stocks as emerging markets fade « Peter J. Cooper’s Weblog

HSBC flew its Head of Global Emerging Markets Equity Strategy, Dr. John Lomax into Dubai this week for Wealth Management Seminar for its Premier customers. His message was that investing in emerging markets has become far more difficult but that the best opportunities are now...

Who is right on oil and the dollar: HSBC or Standard Chartered? « Peter J. C...

Yesterday I was privileged to briefings by top analysts from both banks on the economic outlook. StanChart took the morning slot with a breakfast in the Burj Al Arab, while HSBC fitted in an interview before its seminar in the Grosvenor House for Premier clients last evening....

HSBC on Currencies « Peter J. Cooper’s Weblog

The Federal Reserve Bank lowered interest rates by 25 basis points to 2.00 percent on Wednesday and left the door open for further easing, which helped to put pressure on U.S dollar against major currencies, as investors were expecting that FED may pause in its easing...

HSBC bank reports lost computer disc

"LONDON, April 7 (UPI) -- HSBC in Britain reported Monday it lost a computer disk with insurance information on about 370,000 customers.The disk includes the names, dates of birth and life insurance information linked to home mortgages, the Daily Mail reported.The bank...

HSBC bank admits losing personal data on 370,000 customers in post

Yet another case of missing personal data..."A leading High Street bank admitted today that it had lost a disc containing the personal details of 370,000 of its customers.HSBC is now facing the prospect of an investigation by the Financial Services Authority, the City...

48 Indian companies among Forbes 2000 list

""After billionaire businessmen, it is the turn of companies fromIndia to shine on Forbes radar with as many as 48 firms making it to alist of the world's biggest companies compiled by the US magazine. Ledby India's most valued firm Reliance Industries and PSU major ONGC,...

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