Topic: HSBC Holdings plc
HSBC shares plunge in morning trading
AFP Global Edition
Shares in HSBC plunged on the Hong Kong Stock Exchange Tuesday, after the banking titan reported disappointing results for 2009. Shares in the heavyweight fell 6.35 percent to 81.15 Hong Kong dollars at around 0245 GMT, dragging the benchmark Hang Seng Index down by 0.67 percent. HSBC ...
HSBC boss pledges bonus to charity after profits rise
AFP Global Edition
The head of global banking titan HSBC pledged to donate his bonus to charity on Monday amid an outcry over bankers' pay in Britain, as the Asia-focused group announced rising annual net profits. HSBC, which received no state bailouts unlike other rival banks, said its chief executive Michael Geoghegan would ...
HSBC posts profit gain, boss donates bonus to charity
AFP Global Edition
The Asia-focused group added that it was "well positioned" for economic recovery, saying it expected emerging markets to out-perform those of the developed world and grow three times faster this year. Net earnings rose nearly two percent to 5.834 billion dollars (4.281 billion euros) last year, despite rising ...
HSBC in charitable mood after profits rise
AFP European Edition
Global banking titan HSBC on Monday posted a modest rise in 2009 net profits and said chief executive Michael Geoghegan would donate his bonus to charity amid outcry over bankers' pay. The Asia-focused group said it was "well positioned" for economic recovery, saying it expected emerging markets to out-perform those ...
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