Hsbc

HSBC Closes Muslim Groups' Accounts As They're 'Too Risky'

PA | Posted 30.07.2014 | UK

Britain's biggest bank HSBC is closing a range of Muslims groups' bank accounts after deeming that continuing to manage them would be beyond their "ri...

Big Banks Are Threatening People With Dodgy 'Wonga-Style' Lawyers

The Huffington Post UK | Asa Bennett | Posted 04.07.2014 | UK

Britain's biggest banks are hitting customers with legal threats from what appear to be independent lawyers, but are actually names used by the bank's...

Osborne Is Trying To Give The Banks A Secret Tax Cut

The Huffington Post UK | Asa Bennett | Posted 25.03.2014 | UK Politics

George Osborne slipped out a potential "secret tax cut" for Britain's biggest banks that could see them pay hundreds of millions less in tax, critics ...

Asa Bennett

Will Big Banks Get Their Customers Back Once They Clean Up Their Act?

HuffingtonPost.com | Asa Bennett | Posted 07.02.2014 | UK

Britain's big banks should not expect to get back the customers they lost after the banking crash due to the scale of the breakdown in trust and the "...

Does Barclays No Longer Value Their Own Customers?

Mark Hillary | Posted 31.03.2014 | UK
Mark Hillary

The argument today is that telephone banking, Internet banking, and even self-service kiosks in supermarkets have replaced the need for branches. It could even be argued that over the past couple of decades branches have become little more than outlets for selling insurance anyway.

HSBC Bank Refuses To Let Customers Withdraw Large Sums

The Huffington Post UK | Posted 27.01.2014 | UK

HSBC have been accused of quizzing customers withdrawing large sums on cash on what they want to spend it on - and demanding proof of what they will p...

The Banks Are Admitting Guilt, So Why Is No One Jumping for Joy?

Harry Cooper | Posted 23.01.2014 | UK Politics
Harry Cooper

The banks have admitted guilt and they are paying us back for all the dodgy deals they got into! Well, not really. Banks are, in effect, 'fessing up to having behaved fraudulently or criminally. However what 'settling' means is actually 'paying regulators to shut up and stop asking difficult questions'.

'The Big Banks' Dominance Will Finish'

The Huffington Post UK | Asa Bennett | Posted 04.10.2013 | UK Politics

RBS, Lloyds, HSBC and Barclays will lose their "dominance" by the end of the decade due to the rise of competitive alternative banks and government re...

As Life Expectancy Increases and Our Ideal Retirement Is Harder to Pay for, Will Britons Ever Retire?

Christine Foyster | Posted 17.11.2013 | UK Lifestyle
Christine Foyster

Of those who are currently retired in Britain, nearly two-fifths admitted that they had not properly prepared for the retirement they planned. Whilst some Britons are starting to realise the state of their finances before they retire, most are still only realising after they give up work.

Tough Financial Times Call for Extreme Measures, but How Does Gender Affect the Way We Cope?

Christine Foyster | Posted 21.10.2013 | UK Lifestyle
Christine Foyster

Despite the obvious difference of opinion between sexes, one fundamental action is clear. In order cushion against the impact of the unexpected, whether the economic downturn or another 'life event', a new and more robust approach to saving needs to be taken.

Didn't Get The Results You Wanted Yesterday...?

Laura Whitmore | Posted 16.10.2013 | UK Universities & Education
Laura Whitmore

Around 600,000 young people in the UK are on school holidays right now. That means unlimited sunbathing, chilling with mates and dreaming about exciting futures, right? Wrong. In fact, thousands of young people feel hopeless about life after school.

HSBC Branches Close After Being Targeted By UK Uncut

PA/Huffington Post UK | Posted 20.07.2013 | UK

A number of HSBC branches across the UK closed "as a precaution" on Saturday after demonstrators from a direct action group staged protests outside. U...

WATCH: Bill Oddie Gets Evicted From HSBC

The Huffington Post UK | Posted 15.05.2013 | UK Comedy

Hate bankers and love Bill Oddie? You've come to the right place! The comedian-presenter has made a video for Global Witness which sheds light on H...

How Many Jobs Is HSBC Going To Axe?

PA | Posted 23.04.2013 | UK

HSBC announced job cuts on Tuesday, impacting on thousands of its staff, over the "changing nature" of the business as well as regulation. The bank...

Boris on Bonuses: Like Swiss Cheese, Full of Holes

Dr Prateek Buch | Posted 03.05.2013 | UK Politics
Dr Prateek Buch

Coming days after RBS announced a £607m bonus pool to "reward" staff for losses of £5bn, Boris' defence of the banking industry is in itself deluded - and as far as the UK economy is concerned, self-defeating.

HSBC UK Operations Hit By PPI And Bank Levy Cost - Loses £670m

The Huffington Post UK | Charlie Thomas | Posted 04.03.2013 | UK

HSBC's results revealed a less rosy year than analysts were expecting, with the UK operations losing £670 million as a result of the ongoing cost of ...

HSBC Boss To Be Paid HOW MUCH?

PA/Huffington Post UK | Posted 02.03.2013 | UK

The chief executive of HSBC will reportedly receive a bonus package of around £2 million, despite the bank being forced to set aside £950 million la...

The Perils of Savings Gaps and Their Impact on Retirement

Christine Foyster | Posted 21.04.2013 | UK
Christine Foyster

At some point in our lives, most people will experience a period of financial constraint brought about by an unexpected, or unplanned for, event.

Charlie Thomas

Financial Watchdog Bares Its Teeth At Banks Over Interest Rate Swaps

HuffingtonPost.com | Charlie Thomas | Posted 31.01.2013 | UK

Bad news for banks, but good news for businesses on Thursday - The Financial Services Authority (FSA) has said it will investigate the mis-selling of ...

Dealings With Drug Lords, Rogue States And Terrorists Costs HSBC £1.9bn

Charlie Thomas | Posted 11.12.2012 | UK

HSBC will pay US regulators $1.9bn (£1.9bn) as a settlement after it was found to have laundered money for drug cartels, terrorists and so-called rog...

WATCH: Top Business Tips For Entrepreneurs

Huffington Post UK | Huffington Post UK Staff | Posted 28.11.2012 | UK

At a time when more of us are considering starting our own business, wouldn't it be good to have access to a banking expert to set you off on the righ...

The Silence of the Corporations

Margaret Heffernan | Posted 04.01.2013 | UK Lifestyle
Margaret Heffernan

The important point here is that every smart organization has got to design and put in place systems and processes that make it easy and safe for any employee to ask questions, raise concerns and blow the whistle.

An Epidemic of Wilful Blindness: Savile, Armstrong, LIBOR, HSBC...

Margaret Heffernan | Posted 30.12.2012 | UK Lifestyle
Margaret Heffernan

The truth is that for truly bad things to happen on the scale of any of these nightmares - Armstrong, Savile, PPI, the Catholic Church, BP, Barclays, HSBC etc - you need hundreds or thousands of people to turn a blind eye. Which we very reliably do.

US Court Summons For Lloyds Banking Group Over Libor

Charlie Thomas | Posted 26.10.2012 | UK

US state prosecutors have ordered Lloyds Banking Group to court as they investigate whether it participated in any schemes to rig the London Interbank...

Visionary Business Leaders Are Trailblazing Their Way To Growth

Charlie Thomas | Posted 05.11.2012 | UK

Growth pioneers are taking control of the future of British business and steering the country towards recovery, according to a report from HSBC. Th...