HSBC

 
HSBC to pay nearly €300mn to end Belgian criminal probe
HSBC to pay nearly €300mn to end Belgian criminal probe
HSBC has agreed to pay nearly €300-million to end a Belgian criminal investigation into allegations of massive fraud and money-laundering...
HSBC boss in shock exit as bank warns of 'challenging' times
HSBC boss in shock exit as bank warns of 'challenging' times
HSBC on Monday announced the shock exit of chief executive John Flint, but denied talk of a management split as it also axed 4 000 jobs and warned...
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The president knows the importance of fixing the economy. But factional growth in the ruling party are costing financial growth and employment
Now FNB probes Mkhwebane
Now FNB probes Mkhwebane
Public Protector Busisiwe Mkhwebane has come under intense scrutiny following a series of controversial findings. Judges have been scathing in...
China accuses Trump of 'blackmail' after new tariffs threat
China accuses Trump of 'blackmail' after new tariffs threat
Beijing on Tuesday accused Donald Trump of "blackmail" and warned it would retaliate in kind after the US president threatened to impose fresh...
Focus shifts to Steinhoff's ex-chair Christo Wiese
Focus shifts to Steinhoff's ex-chair Christo Wiese
Some of the biggest names in global banking have incurred billions in losses because of bad loans to just one client — and increasingly it...
Activist UK lord stalks Guptas
Activist UK lord stalks Guptas
The United Kingdom’s law enforcement agencies’ investigation into banks associated with state capture in South Africa began with a bold request...
Investors saddled with reform risk
Investors saddled with reform risk
Global financial reforms are coming thick and fast and South Africa will not be immune — significant changes are being made to regulation,...
Standard Bank cited in price-fix claim
Standard Bank cited in price-fix claim
It's difficult to trust global financial institutions when scandals about rate fixing and price rigging abound. The latest is the alleged...
Expect low private consumer spending in 2014
Expect low private consumer spending in 2014
Private consumer spending is expected to be dismally low in South Africa this year, in an economy where 60% of its gross domestic product (GDP)...
Gold fix study indicates a decade of manipulation
Gold fix study indicates a decade of manipulation
The London gold fix, the benchmark used by miners, jewellers and central banks to value the metal, may have been manipulated for a decade by the...
Gold gains as investors weigh US economy concerns
Gold gains as investors weigh US economy concerns
Gold gained in New York on Wednesday as investors weighed concern that the global recovery is stalling against slower physical demand. Palladium...

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