Articles
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Job cuts loom as RBS to shut Indian branches, only 8 hubs to remain
The move will result in job cuts. The bank has about 500 executives in India. #RBI #NewsTracker #HSBC #RBS #Branches #Banking License
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'Malicious' HSBC fined Rs 5.5 lakh for charging interest on settled loan
The bank was pulled up saying that HSBC's act was not only "motivated by commercial gains", but also by a "malicious mind" to "settle scores" with the complainant, who was a former employee, for challenging his termination in a labour court. #Business #Interest rates #NewsTracker #HSBC #loan #New Delhi District Consumer Disputes Redressal Forum #Naduthodi Janardanan
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HSBC: Indian rupee better suited to stand USD strength
HSBC picks INR as one of two Asian currencies along with the yuan that can hold their own in a climate of sticky JPY weakness. #Asian markets #Asia #HSBC #USD #Yuan #Currency #INR
Blog posts
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Slowdown pinches: Manufacturing PMI at 16-month low
Power outages continue to hamper production. Growth in total new orders and export business also slowed, #NumberCrunching #manufacturing #HSBC #PMI
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After disastrous 2011, Indian equities may have tough 2012 too
The Indian equities market has clearly been a disaster in 2011, turning out to be among the worst performers. But 2012 does not look too bright either #Inflation #BSE Sensex #Economics #Investment #HSBC #MSCI
Wire
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Guardian Unlimited
HSBC under fire from all sides at AGM
Angry shareholders of HSBC on Friday bombarded the group's board with barrage of accusations ranging from financing Mexican drug cartels to supporting tax havens, slashing jobs and mis-selling products. At the banking firm's first annual general meeting #HSBC #London #Bill Oddie
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Guardian Unlimited
HSBC chairman apologises for scandals
The chairman of HSBC has apologised to shareholders for the bank's role in a series of "extremely damaging" scandals, including rigging the Libor interest rate, PPI mis-selling and money laundering for Mexico drug cartels and terrorists. Douglas Flint to #HSBC #London #John Gleeson
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Express & Star
Oddie blasts HSBC over rainforests
May 24, 2013 4:40 pm Bill Oddie has accused HSBC of funding the desecration of forests more stories Banking giant HSBC felt the wrath of TV's Bill Oddie as it was accused of funding the desecration of forests. The bank is more used to dealing with anger #HSBC #Bill Oddie #London




