HSBC Holdings PLC (HSBC.N)
Nov 9 South Africa's central bank on Friday fined HSBC's local business 15 million rand ($1.1 million) for weaknesses in its processes meant to detect money laundering and terrorism financing, and ordered the bank to fix the problems.
Nov 9 South African Reserve Bank's Prudential Authority said it had imposed administrative sanctions on HSBC's Johannesburg branch for non-compliance and fined the branch 15 million rand ($1.05 million).
Nov 7 The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email email@example.com.
Nov 7 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON Hackers breached some HSBC customers' accounts in the United States in October and accessed their information, the bank said in a regulatory filing on Tuesday.
LONDON, Nov 6 Hackers breached some HSBC customers' accounts in the United States in October and accessed their information, the bank said in a regulatory filing on Tuesday.
* Economic outlook dwarfed by 2019 election fears (Adds details of banks' liquidity tests)
LAGOS, Nov 2 HSBC and UBS have closed their representative offices in Nigeria, the central bank said in a report on Friday.
SAO PAULO, Nov 1 Banco Bradesco SA, Brazil's second-largest private lender, expects to boost the profitability next year of retail clients acquired in its purchase of the local unit of HSBC Holdings Plc, Chief Executive Octavio de Lazari said on Thursday.
DUBAI China's Belt and Road Initiative and plans by Gulf economies to diversify from oil will help HSBC to more than double its profit within its commercial bank in the Middle East and North Africa, a senior bank executive said.