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



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.

HSBC Canary Wharf

People News - Barclays, HSBC

Barclays named Chris Leonard to run U.S. rates trading, recruiting the founder of hedge fund Arcem Capital LLC to turn around the business that was blamed for a dragging down the investment bank’s results last quarter.

London's Biggest Trading Floors

Hot on the heels of the announcement that JPMorgan has spurned Canary Wharf and has chosen the 'Square Mile' for its new European HQ (St Alphage House in London Wall), most of the interest centres around the fact that, of the 1 million square feet that makes up the new building, there will be four giant trading floors of some 72,000 square feet each.

'Soviet' Anthem Said Heard On Goldman Trading Floor

The Wall Street Journal's 'Heard on the Street' column reports 'gallows humour' over at the Goldman Sachs trading floor on the 29th floor at 85 Broad St - the sound of the Soviet anthem was apparently heard across the floor last week, after traders heard that that 90% punitive bonus legislation had successfully passed through the House of Representatives.

2003 City Analyst Awards And League Tables

The Sunday Times/ Starmine 2003 analyst of the year awards have been published. Most firms in the industry agreed to participate in the research, which focused on analyst stock recommendations and the accuracy of earnings forecasts during 2003. Detailed below are the individual and firm league tables.

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.