Bankers at the British branch of the failed Silicon Valley Bank reportedly received bonuses totalling tens of millions of pounds just days after the Bank of England stepped in to help orchestrate a rescue package deal that saw its assets bought up by HSCB for £1.
Equity giants Apollo Global Management Inc. and Blackstone Inc. have reportedly stepped forward to examine a book of loans held by Silicon Valley Bank (SVB), the failed California lender seized by federal regulators last week.
Steps to prevent a global banking crisis after the historic failure of Silicon Valley Bank (SVB) continued Monday, with governments in the UK, France, and Israel joining the U.S. to reassure institutions exposed to the fallout.
HSBC announced that it will no longer finance new oil and gas projects in order to meet the green agenda goals of the globalist elites.
Multinational investment bank HSBC has “colluded” with the Chinese Communist Party (CCP) to debank pro-freedom campaigners in Hong Kong, says the founder of Hong Kong Watch, as the bank’s chief executive is set to be grilled by British MPs on Tuesday.
Gretchen Morgenson writes in the New York Times about the congressional report titled “Too Big to Jail” issued by Texas Congressman Jeb Hensarling’s House Financial Services Committee.
The EU-Turkey migrant deal could cost bankrupt Greece a staggering €4 billion this year alone — two per cent of their gross domestic product (GDP) — at a critical point in their financial bail out, HSBC has warned. The estimated €4 billion
LONDON/HONG KONG (Reuters) – HSBC Holdings decided on Sunday to keep its headquarters in Britain, rejecting the option of shifting its centre of gravity back to its main profit-generating centre Hong Kong after a 10 month review. The unanimous decision
Global bank HSBC has fired six of its British staff after they filmed themselves staging a mock Islamic State beheading during a team building day at a go kart centre. Footage obtained by The Sun shows five men dressed in
HSBC will shed almost 50,000 jobs and take an axe to its investment bank, cutting the assets of Europe’s biggest lender by a quarter in a bid to simplify and improve its sluggish performance. The bank said on Tuesday about
Sen. David Vitter wants more information from attorney general nominee Loretta Lynch before vote that could happen this week.
The Senate Judiciary Committee has delayed consideration of Loretta Lynch to replace Eric Holder as Attorney General. Committee member Sen. David Vitter says he wants to dig into Lynch’s role in the federal prosecution of HSBC in 2012.