Friday 29 May 2015
 
»
Tag
 
»
HSBC

Saudi mid-market firms generate $232bn turnover

Saudi Arabia’s mid-market enterprises (MMEs), defined as firms with annual sales between of between $50 million to $500 million, generate $232 billion turnover, a report said. There are an estimated 1,980 MMEs, added the rep

More…

HSBC looks at moving HQ away from Britain

HSBC, Europe's biggest bank, has ordered a review into whether it should move its headquarters out of Britain and potentially back to its former home in Hong Kong, threatening London's reputation as a global hub for finance and investmen

More…

HSBC unit raises $205m in Malaysia sukuk sale

The Malaysian Islamic banking arm of HSBC Holdings has raised 750 million ringgit ($205 million) from the sale of a five-year Islamic bonds (sukuk) at a yield of 4.24 per cent, IFR reported. The sale is the third tranche of the le

More…

Chinese factory activity hits 11-month low

Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing t

More…

HSBC Mideast clarifies on licence cancellation

HSBC Bank Middle East has said its Bahrain operations continue as before and are unaffected by the cancellation of a legacy licence in the country. In a statement, the bank said “the cancellation of the wholesale banking lic

More…

HSBC named best investment bank in Mideast

HSBC was named the best investment bank in the Middle East for 2015 by Global Finance magazine in its 16th annual World’s Best Investment Banks survey. The survey lists the best investment banks by country, region and sector

More…

Air Miles ME renews partnership with HSBC

Aimia, a global leader in loyalty management, has announced the agreement of a multi-year extension with founding partner HSBC for its participation in the Air Miles programme in the Middle East. "We are delighted with HSBC&#

More…

Saudi non-oil growth slows in November

Growth of Saudi Arabia’s non-oil private sector economy was sustained during November, but at a slower pace as output, while new orders and employment all increased at weaker rates, a report said. After accounting for season

More…

Doha Bank shareholders approve India assets buy

Shareholders of Doha Bank have approved the purchase of the Indian assets of HSBC Bank Oman after an extraordinary meeting, the Qatari bank said in a statement on Monday. HSBC Bank Oman, an affiliate of HSBC Holding, said in April

More…

HSBC to refund excess fees to Mideast, Africa customers

HSBC will refund customers across five countries in the Middle East and North Africa for charging them excessive foreign currency fees on debit and credit card transactions, the lender confirmed to Reuters on Wednesday. The step w

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads