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



HSBC HQ London 3

People News: Goldman Sachs, HSBC, UBS.

Dennis Lafferty, one of Goldman Sachs’s top distressed-debt traders, is in talks to join HSBC to run a new loans and special situations unit in New York, according to two people with knowledge of the matter.

Bear Stearns - It's All Over

In the end, the end came quickly. Caught in a liquidity squeeze brought on, in the main, by lack of confidence in the durability of its business model, Bear Stearns became the first major casualty of the US subprime lending crisis Sunday, when it agreed to be taken over by JPMorgan Chase for $240m - significantly less than Friday's market capitalization of $3.4bn.

HSBC HQ London 3

HSBC to reveal plans over UK headquarters in face of bank levy

HSBC, the biggest payer of the UK banking levy, will set out on Tuesday exactly how it plans to decide whether to keep its headquarters in Britain in remarks that will be closely watched by George Osborne as he prepares to deliver his Mansion House speech the following day to an audience of top bankers.