Hints and tips:
...WPP will also reduce is planned capex from £400m to v£300m....
...With assets of $2.6tn and more than a quarter of a million staff, only China’s Big Four lender and HSBC are larger....
...Christopher Niehaus received a penalty of £37,198 for passing information on confidential deals to friends....
...“The families have control that is disproportionate to the amount of shares they hold,” says Herald van der Linde, head of Asia-Pacific equity strategy at HSBC....
...YouTube, the world’s biggest video service with a billion monthly visitors, has been renegotiating contracts with record labels as it prepares to launch a subscription-based music streaming service....
...A nurse presses its finger scanner, taps in a code and Abbie pops out a drawer with drugs for a patient. Mission accomplished, the robot trundles off – “departing now”....
...HSBC’s purchasing managers’ index for China’s services sector, fell to a reading of 50 for July, the lowest in records dating back to November 2005....
...Inside Mortgage Finance.”...
...Libor might have been the loudest scandal, but it was not the most costly – as HSBC and Standard Chartered, UK banks that transgressed US rules, discovered....
...The average US adjustable rate mortgage, for example, is indexed to Libor, with a premium of 2-3 percentage points tacked on....
...Goldman provided a link to the letter, as well as pages of e-mails and other internal documents that sought to build its case, on the bank’s website....
...HSBC customers are also the target of a tax evasion probe by the Internal Revenue Service....
...E-mail the Lex team confidentially...
...E-mail the Lex team confidentially OR Post public comments...
...“There has been a focus on banks’ capital, liquidity and their mortgage exposure.”...
...To e-mail the Lex team confidentially click here OR To post public comments click here...
...Amit Kara, UBS 1) Minority government and market fear – a hung parliament will almost certainly lift the risk premia of UK inc....
...Mr Pym is also chairman of Halfords, the car parts retailer, and non-executive chairman of Old Mutual, the Anglo-South African financial services group....
..., and HSBC said it was shedding 600 positions from its US mortgage arm....
...But they also cautioned that there may not be a simple V-shaped recovery....
...But Northern Rock’s branch network is probably too small to allow it to offer a broader range of banking services ● Private EquityGroups They have shown interest in Northern Rock’s mortgage book, but only...
...According to research by Boeing, the 90 per cent use the service to check and send e-mail (most accessing corporate virtual private networks), 69 per cent browsed the web and 7 per cent made calls via their...
...BlackBerry maker Research In Motion was dealt another legal setback in a key patent infringement case on Wednesday, raising pressure to settle or face a possible shutdown of its U.S. mobile e-mail service...
...Most mortgage and insurance brokers are still in business today. And the number of customers switching to joint ventures such as HSBC Merrill Lynch never justified the initial investment....
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