HSBC failed to assess risk of individual bonds before recommending them to clients in Asia.
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
HSBC chief executive John Flint says that following a period of restructuring the bank must get back into growth mode.
HSBC will provide fund administration, depositary and custody services to Tabula’s new ETF platform.
TradeTech keynote panel discussion suggests the buy-side is becoming more comfortable interacting with systematic internalisers.
HSBC becomes latest financial backer for investment research platform alongside Goldman Sachs, BNP Paribas Exane and Wells Fargo.
Global asset management business at HSBC targets passive fixed income investing business with latest hire.