HSBC

HSBC SURVEY: 90% OF S'POREANS WILL STRUGGLE WITH RETIREMENT

Based on the latest HSBC Future of Retirement report, Singapore is predicted to be one of the toughest countries to retire in in the world due to financial pressures. In the report, three in one workers aged 45 or above think they will not be able to retire fully in Singapore. This is twice the global average of 18% of respondents who feel the same way.

Filed Under: 

HSBC SACKS 6 STAFF FOR OFFENSIVE MOCK ISIS VIDEO ONLINE

U.K. bank HSBC has fired 6 of its staff for creating a video showing a mock ISIS-style execution and uploading it on Instagram, drawing furious reactions from Muslims and non-Muslims alike. The video was filmed during a team building day out for the bank's employees. The video showed a group of staff in black masks holding a clothes hanger like a knife over a kneeling man in an orange jumpsuit. During the video, a man shouts the words, "Allahu Akbar" and makes a derisory battle cry more reminisce of those used by Native American Indian tribes.

Filed Under: 

Hiking to HSBC Tree Top Walk from MacRitchie Reservoir Park

The HSBC TreeTop Walk (HSBC TTW) is the highlight of several long hiking routes in MacRitchie that brings you through different stages of mature secondary forest. The first of its kind in Singapore and in the region, this free-standing suspension bridge connects the two highest points (Bukit Peirce and Bukit Kalang) in MacRitchie and offers a bird’s eye view of the community of plants and animals

Filed Under: 

HSBC Sued by Singapore Billionaire Lim’s Ex-Wife

HSBC Holdings Plc was sued by Singaporean billionaire Peter Lim’s ex-wife, who claimed she suffered losses because of the bank’s negligence.Teo Geok Fong, who started investing with private banks after her divorce settlement in 2002, claims she was misled into believing certain products were suitable for her risk profile, according to her lawsuit filed against HSBC’s Singapore unit

Filed Under: 

HSBC faces £70 Billion capital hole, warn Hong Kong analysts

HSBC could have overstated its assets by more than £50bn and ultimately need a capital injection of close to £70bn before the end of this decade, according to an incendiary report published by a Hong Kong-based research firm . Forensic Asia on Tuesday began its coverage of Britain’s largest banking group with a ‘sell’ recommendation, warning the lender had between $63.6bn (£38.7bn) and $92.3bn of “questionable assets” on its balance sheet

Filed Under: 

HSBC Bank on Verge of Collapse: Second Major Banking Crash Imminent

Concerns about an imminent bank crash were further fuelled today at news that HSBC are restricting the amount of cash that customers can withdraw from their own bank accounts. Customers were told that without proof of the intended use of their own money, HSBC would refuse to release it. This, and other worrying signs point to a possible financial crash in the near future.

Filed Under: 

Pages

Advertisement
Subscribe to RSS - HSBC