HSBC fined $1.2 million for failures in bond sale
HSBC failed to assess risk of individual bonds before recommending them to clients in Asia.
Tag: HSBC
Custodians could play a role in MiFID II research provision
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
HSBC outlines $17 billion technology investment plans
HSBC chief executive John Flint says that following a period of restructuring the bank must get back into growth mode.
HSBC partners with asset manager for fixed income ETF platform
HSBC will provide fund administration, depositary and custody services to Tabula’s new ETF platform.
SIs say future is bright under MiFID II regime
TradeTech keynote panel discussion suggests the buy-side is becoming more comfortable interacting with systematic internalisers.
HSBC joins major banks with Visible Alpha investment
HSBC becomes latest financial backer for investment research platform alongside Goldman Sachs, BNP Paribas Exane and Wells Fargo.
HSBC taps L&G’s Sebastien Faucher for head of passive fixed income role
Global asset management business at HSBC targets passive fixed income investing business with latest hire.
Deutsche Bank, UBS and HSBC incur $46 million penalty for spoofing
Three major investment banks allegedly carried out various frauds and spoofing on precious metals futures contracts.
HSBC’s ex-head of FX cash trading found guilty of fraud
Former senior FX trader at HSBC defrauded one client out of more than $7 million.
BNY Mellon and HSBC join forces with Algomi for bond liquidity
Partnership means dealers will be able to tap database of custodians on behalf of buy-side clients.