hsbc

British banking company HSBC said Monday it will sell just under half its retail banking branches in the United States to First Niagara Bank for around $1 billion.

Anyone who's stood in line at Brazil's banks, paid credit cardA interest rates currently averaging out at 238 per cent a year orA simply had to wade through the screen and screens of sales pitchesA before they can even withdraw a tenner from the ATM, knows thatA clients are hardly treated as valued and respected customers.

HSBC said two weeks ago that Chairman Stephen Green was stepping down from his role at the bank to become trade minister for the U.K.

By Monday, reports were surfacing that Geoghegan had reacted poorly to the suggestion that he would not be promoted to chairman.

British bank HSBC says information on 15,000 customers with accounts in Switzerland has been stolen.

Brand Finance has published its 2010 Global 500 Survey of the world's most valuable brands. Here are the top ten, which include Britain's Vodafone and HSBC.

Britain's top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first drop in U.S. consumer finance impairments for three years.

In a move that underscores the growing importance of Asia and emerging markets for global financial institutions, the British bank HSBC said Friday that its chief executive would relocate to Hong Kong next year.

Many analysts had expected a first-half loss at HSBC, but the bank surprised with a $3.35 billion profit. Barclays said first-half profit rose 10 percent to $3.2 billion.