As well as paying €294.4-million as a criminal fine, the bank will also hand over 400,000 euros in civil damages to the Belgian state.
Monday’s surprise news came shortly before HSBC reported first-half net profit up 18.6% at $8.5-billion from a year earlier.
Two global banking giants have closed their offices in Nigeria in yet another blow to the country’s economy
New instruments have been developed to help mobilise financing for projects to mitigate climate change, but measuring their impact remains difficult
The leaked files reveal the wealthiest clients, from businesspersons and entertainers – who will have made their wealth legitimately – to politicians.
US prosecutors probing whether HSBC was involved in laundering money for Mexican drug cartels and moving cash for Saudi banks tied to terrorists.
HSBC’s new chief executive says the positions will go worldwide over the next three years after announcing first-half profits up 3% to $11.5-billion.
HSBC paid one of its bankers more than £13,7-million last year, while another unnamed member of staff received more than £11-million.
The Department of Public Enterprises responds to what it calls inaccuracies about the airline’s capitalisation.
African gold producer Randgold Resources priced its offering of six million shares at ,25 per share on Thursday, resulting in gross proceeds of ,5-million. The offering price…
When gold reached dizzying heights above a troy ounce in recent weeks, it cast a spotlight on a ritual that has taken place in London for the past 88 years. Twice a day,…
Turkish police foiled a bomb attack in the capital, Ankara, on Tuesday, the sixth anniversary of the 9/11 al-Qaeda attacks on the United States. Ankara’s governor Kemal Onal said…
