Tuesday 29 July 2014
 
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HSBC

Iran to resolve HSBC freeze on trade financing

Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters.

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Ma'aden appoints HSBC as advisor for rights issue

Saudi Arabian Mining Co (Ma'aden), has appointed HSBC Saudi Arabia as financial advisor for its planned 5.6 billion riyals ($1.49 billion) rights issue, the company said in a statement on Monday. Ma'aden had earlier this m

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Ma'aden appoints HSBC as advisor for rights issue

Saudi Arabian Mining Co (Ma'aden), has appointed HSBC Saudi Arabia as financial advisor for its planned 5.6 billion riyals ($1.49 billion) rights issue, the company said in a statement on Monday. Ma'aden had earlier this m

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HSBC's pay policy draws fire from investors

More than a fifth of HSBC's shareholders opposed the bank's pay policy yesterday in the latest show of anger that banks have not reined in bonuses enough in the wake of the financial crisis. About 21 per cent of investors

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HSBC-Gulf Air launch service promotion

HSBC Bahrain and Gulf Air, the national airline of the kingdom, have renewed their agreement to provide customers with an enhanced, value-added travel experience through a joint promotion. Valid until December 31 this year, the jo

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HSBC-Gulf Air launch service promotion

HSBC Bahrain and Gulf Air, the national airline of the kingdom, have renewed their agreement to provide customers with an enhanced, value-added travel experience through a joint promotion. Valid until December 31 this year, the jo

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HSBC warns of choppy markets as profits fall short

HSBC missed market expectations with a 9 percent increase in annual profit and warned of greater volatility in emerging markets this year, sending shares in Europe's biggest bank to a 15-month low. HSBC, which is based in Lond

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Saudi hardware retailer Saco plans debut IPO

Saudi Company for Tools and Hardware (Saco), a pioneer in the hardware retail and wholesale business and the largest total-solution home improvement superstores in the kingdom, is set to launch its debut initial public offering (IPO) soon.

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SABB launches graduates programme

The Saudi British Bank (SABB), a unit of HSBC, has launched a new development programme for Saudi graduates. The 'SABB Managers Development Program’ for 2013 initiative comes in line with the bank’s commitment to i

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SABB launches graduates programme

The Saudi British Bank (SABB), a unit of HSBC, has launched a new development programme for Saudi graduates. The 'SABB Managers Development Program’ for 2013 initiative comes in line with the bank’s commitment to i

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