The Hervet bank (now part of the HSBC group) announced the first losses in its history after its 1982 nationalization.
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Customers using the website of First Direct, which is part of the HSBC group, have also been reporting problems accessing their accounts.
"In 2010, we expect a two-speed global economy, " HSBC Holdings Group Chief Executive Michael Geoghegan said Monday in Hong Kong.
Changes recommended by the ICB will also impact other banks headquartered in the U.K. including RBS Group, HSBC and Standard Chartered Bank.
The protest began across the street from the Asia headquarters of HSBC, where a group of Occupy Hong Kong protesters an offshoot of Occupy Wall Street have been camped for months.
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On Monday, the Independent Commissions of Banking submitted its final report recommending far-reaching changes to all banks headquartered in the U.K., which has significant implications for companies like Barclays, RBS Group, HSBC and Standard Chartered Bank.
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HSBC, the biggest banking group in the territory, whose main regulator is the monetary authority itself.
Stuart Gulliver, group chief executive and Douglas Flint, group chairman of HSBC Holdings, appear before the Parliamentary Commission on Banking Standards at 9.45am.
Instead of using leaflets and loud-hailers, this student protest is gathering support through Facebook, with the Stop The Great HSBC Graduate Rip-Off group so far acquiring almost 3, 500 members - an increase of about 1, 000 since the weekend.
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The underlying index gauges the performance of companies stocks in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the U.K. Top holdings include Nestle, HSBC, Novartis, Vodafone Group, Total and BP.
Acqua was created by former HSBC executives who ran a financing group in Toronto.
As expected, the four UK banks passed the test - Royal Bank of Scotland, HSBC, Barclays and Lloyds Banking Group.
HSBC, the London-based banking group, just announced it was putting together its Distressed Opportunities Fund.
Surveys by HSBC Corp. and a Chinese industry group showed Chinese manufacturing growth weakened in April.
However, regular current account holders at the banking group, as well as HSBC customers, receive paper statements every month.
Likewise, small Hong Kong banks, such as Dao Heng, belong in a different group from such giants as HSBC Holdings.
HSBC, says his bank needed a group with a broad reach to cater to customers all over the world, who range from individuals to huge corporations.
Despite forging its strongest relationships with Goldman Sachs, the LWI also invested with Societe Generale, HSBC, JP Morgan, Carlyle Group, Lehman Brothers, and Och-Ziff Capital Management Group.
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HSBC, a London-based banking group with large interests in Hong Kong, switched its reporting from sterling to American dollars on the ground that the majority of its revenues are in the greenback or currencies linked to it, such as the Hong Kong dollar.
HSBC, the world's biggest banking group and a colossus in the region.
This year two U.K. banks, HSBC and Barclays, followed telecoms giant BT Group 's lead last year in committing to increase its use of renewable or environmentally sound energy.
European banks including UBS AG, Barclays Plc, HSBC Holdings Plc, Royal Bank of Scotland Group Plc and Credit Suisse Group AG have announced more than 70, 000 job cuts since midyear, compared with 42, 000 by U.S. peers, according to data compiled by Bloomberg.
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JPMorgan, HSBC and the Royal Bank of Canada made up the top group, which Moody's said had solid capital buffers and "contained" exposure to the European crisis.
The Climate Group launched LightSavers in 2009, supported by the HSBC Climate Partnership, with the goal to accelerate the market adoption of outdoor LED lighting and smart-lighting controls.
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"The best way to achieve the results we desire is through engagement and communication, and the SED is an important tool to further the U.S.-China economic relationship, " says Donald Evans, chief executive officer of the Financial Services Forum, a group whose members include Citibank, Bank of America, HSBC and Paulson's alma mater, Goldman Sachs.
Or take HSBC's ''Different Values'' advertising campaign engineered by WPP group's JWT, which superimposes different captions over the same repeated image to show that people define success differently.
Worries about the impact of a coal strike in South Africa appear to be having an impact on platinum group metals, said Jim Steel, precious-metals analyst with HSBC.
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Among the largest underlying components of VT, in trading today Nestle S A ( OTC: NSRGY) is trading flat, HSBC Holdings Plc ( NYSE: HBC) is up about 0.6%, and Vodafone Group Plc ( NASD: VOD) is higher by about 1.9%.
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Among the largest underlying components of VGK, in trading today Nestle S A ( OTC: NSRGY) is off about 1%, HSBC Holdings Plc ( NYSE: HBC) is up about 0.4%, and Vodafone Group Plc ( NASD: VOD) is higher by about 0.8%.
Among the largest underlying components of VGK, in trading today Nestle S A ( OTC: NSRGY) is up about 0.5%, Vodafone Group Plc ( NASD: VOD) is up about 0.3%, and HSBC Holdings Plc ( NYSE: HBC) is higher by about 1.1%.
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