HSBC is one of the largest banking and financial services organisations in the world.

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HSBC's profit up 2% in first half

HSBC HQ London 2

HSBC reported a 2 percent year-on-year rise in adjusted pre-tax profit to $13 billion for the first half, after a strong performance in Hong Kong.

People News: Bank of America, HSBC, UBS

HSBC building at night

Jennifer Mihocko-Tierney, Bank of America's head of electronic foreign-exchange sales for the Americas, has left the company, according to two people with knowledge of the matter who requested anonymity to discuss personnel matters.

22 banks accused of manipulating treasury auctions

Pointing The Finger

Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.

U.S judge rejects HSBC's bid to dismiss lawsuit

American courtroom

A federal judge rejected HSBC's bid to dismiss a U.S. lawsuit claiming that its failure to perform its duties as trustee for $2.37bn of residential mortgage-backed securities contributed to the downfall of five federal credit unions.

Goldman to seek Saudi trading licence

Goldman Sachs Blink

Goldman Sachs, which advises clients on more than $1tril of investments, applied to own and trade Saudi Arabian stocks directly after rules were changed last month, two people with knowledge of the plan said.

HOT LIST

HSBC building at night

People News: Bank of America, HSBC, UBS

Jennifer Mihocko-Tierney, Bank of America's head of electronic foreign-exchange sales for the Americas, has left the company, according to two people with knowledge of the matter who requested anonymity to discuss personnel matters.

HSBC HQ London 2

HSBC's profit up 2% in first half

HSBC reported a 2 percent year-on-year rise in adjusted pre-tax profit to $13 billion for the first half, after a strong performance in Hong Kong.

HSBC Canary Wharf corner

Top 50 European banks by total assets

HSBC remains atop SNL Financial's ranking of Europe's 50 largest banks by total assets for the third successive year, although its position was distorted by the fall in the euro against the dollar and other major currencies.

Pointing The Finger

22 banks accused of manipulating treasury auctions

Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.

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HSBC HQ London 2

HSBC's profit up 2% in first half

HSBC reported a 2 percent year-on-year rise in adjusted pre-tax profit to $13 billion for the first half, after a strong performance in Hong Kong.

HSBC building at night

People News: Bank of America, HSBC, UBS

Jennifer Mihocko-Tierney, Bank of America's head of electronic foreign-exchange sales for the Americas, has left the company, according to two people with knowledge of the matter who requested anonymity to discuss personnel matters.