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Dublin: 7 °C Monday 21 October, 2019

#HSBC

From TheJournal.ie Bank of Ireland has poached a senior UK exec for its new CEO HSBC

Bank of Ireland has poached a senior UK exec for its new CEO

HSBC’s Francesca McDonagh will be the pillar bank’s first female chief.

From TheJournal.ie HSBC chairman says jobs will move to 'France, Ireland or Holland' because of Brexit Brexit Wounds

HSBC chairman says jobs will move to 'France, Ireland or Holland' because of Brexit

The bank is worried about the loss of passporting rights.

From TheJournal.ie Poland, India and Thailand better countries for expats than Ireland Work Life Balance

Poland, India and Thailand better countries for expats than Ireland

The new HSBC survey put Ireland in 27th place, up four places from last year.

From TheJournal.ie Brexit wounds: Ireland's strong growth 'set to slow by end of next year' Brexit Chill

Brexit wounds: Ireland's strong growth 'set to slow by end of next year'

Goodbody’s chief economist Dermot O’Leary said the outlook for the Irish economy is “unusually clouded”.

From TheJournal.ie The curious case of the most famous Ponzi scheme ever, a banking giant and an Irish court Bernie Madoff

The curious case of the most famous Ponzi scheme ever, a banking giant and an Irish court

An investment fund was attempting to claim damages relating to the Bernie Madoff scandal, the largest Ponzi scheme in US history, through Irish courts.

From TheJournal.ie 'The change in the global population over the next few years is unprecedented' Getting Auld

'The change in the global population over the next few years is unprecedented'

Though the overall global population will continue to grow for some time yet, the growth of the working-age population is slowing down pretty much everywhere.

From TheJournal.ie The 9 at 9: Tuesday 9 At 9

The 9 at 9: Tuesday

It’s Tuesday and here’s all the news you need to know this morning.

From TheJournal.ie Bank staff fired after filming mock Islamic State-style execution HSBC

Bank staff fired after filming mock Islamic State-style execution

They posted the footage – which was described as “abhorrent” by the bank – online.

From TheJournal.ie Europe's biggest bank will shed up to 50,000 workers on its 150th anniversary Cashing Out

Europe's biggest bank will shed up to 50,000 workers on its 150th anniversary

HSBC could shift its base from the UK to Hong Kong.

From TheJournal.ie How many people want to bring Jeremy Clarkson back? It's the week in numbers Prime Numbers

How many people want to bring Jeremy Clarkson back? It's the week in numbers

Plus: How many hours were drugs legal for in Ireland this week?

From TheJournal.ie 'You guys don't seem to like prosecuting people very much': Revenue told Offshore Accounts

'You guys don't seem to like prosecuting people very much': Revenue told

Some 358 Irish-linked accounts were revealed in leaked details of HSBC’s Swiss operations.

From TheJournal.ie As if things weren't bad enough already - now HSBC's chief has a super secret Swiss tax account Resting In My Account

As if things weren't bad enough already - now HSBC's chief has a super secret Swiss tax account

The banking giant announced huge losses in its annual results earlier

From TheJournal.ie The Telegraph is getting a LOT of flack over this front page Paper Fight

The Telegraph is getting a LOT of flack over this front page

A journalist at the newspaper retired over the HSBC scandal last week.

From TheJournal.ie Police raid HSBC offices in money-laundering probe Swiss Leaks

Police raid HSBC offices in money-laundering probe

It comes after allegations that the bank helped wealthy clients evade taxes.

From TheJournal.ie Telegraph writer resigns, claiming advertisers were influencing stories Peter Oborne

Telegraph writer resigns, claiming advertisers were influencing stories

Peter Oborne said the paper was too close to HSBC.

From TheJournal.ie Rich heiresses, film stars, supermodels and criminals: Who is on the HSBC list? SWISSLEAKS

Rich heiresses, film stars, supermodels and criminals: Who is on the HSBC list?

One British businessman withdrew enough cash to fill a suitcase.

From TheJournal.ie Swiss Leaks: Irish clients on list of secret HSBC files Revelations

Swiss Leaks: Irish clients on list of secret HSBC files

Secret bank files shows HSBC’s Swiss banking arm helped wealthy customers avoid taxes and hide millions of dollars, according to a report by investigative journalists.

From TheJournal.ie EU regulator levels 'cartel' charge against three top banks Rate Fixing

EU regulator levels 'cartel' charge against three top banks

JPMorganChase, HSBC and Credit Agricole are all in the dock

From TheJournal.ie Barclays axe 7,000 jobs at struggling unit as it creates 'bad bank' Libor

Barclays axe 7,000 jobs at struggling unit as it creates 'bad bank'

It will also have to sell or run down about £115 billion of non-core assets.

From TheJournal.ie Tiger's gone: Inventor of Celtic Tiger resigns Put Down

Tiger's gone: Inventor of Celtic Tiger resigns

Banker who coined the phrase for Irish economic ‘miracle’ has worked for several powerhouse financial institutions.

From TheJournal.ie Exports to lead "solid and sustainable" growth - forecast Economy

Exports to lead "solid and sustainable" growth - forecast

A growth in trading with China, Mexico and Argentina will be among the keys to the country’s economic recovery, says a new forecast.

From The42 New Lions promo stars BOD, Gatland & Willie John dressed as a ship crew Lions 2013 This post contains videos

New Lions promo stars BOD, Gatland & Willie John dressed as a ship crew

Gatland looks the part with that telescope, doesn’t he?

From TheJournal.ie China to become top export destination for Ireland Exports

China to become top export destination for Ireland

It is expected the UK, USA and Germany will remain the top three destinations but countries

From TheJournal.ie HSBC to pay $1.9 billion to settle money laundering probe Money Money Money

HSBC to pay $1.9 billion to settle money laundering probe

Banking giant HSBC paid the huge sum to settle allegations of money laundering that were said to have helped terrorists and Iran.

From The42 Back at work, Rory McIlroy admits criticism of HSBC absence is fair R And R

Back at work, Rory McIlroy admits criticism of HSBC absence is fair

McIlroy spent last week watching his tennis-star girlfriend Caroline Wozniacki reach the final of the Tournament of Champions in Bulgaria.

From TheJournal.ie Greek journalist sent for trial over leaked Swiss bank data Greece

Greek journalist sent for trial over leaked Swiss bank data

The list published in Hot Doc magazine included names of more than 2,000 Greeks including prominent businessmen, doctors, journalists and a former minister.

From TheJournal.ie Bank wins court order to evict Occupy Hong Kong activists Occupy

Bank wins court order to evict Occupy Hong Kong activists

A court says a dozen or so protestors who have been in a public area under HSBC’s headquarters must be moved on.

From TheJournal.ie Column: HSBC funnelled money for drug kingpins? This isn't surprising. Opinion

Column: HSBC funnelled money for drug kingpins? This isn't surprising.

We’re not surprised any more by unscrupulous behaviour by banks – but HSBC’s actions are as bad as it gets, writes Nick Leeson.

From TheJournal.ie Ireland's trade to grow 125 per cent by 2026: report Trade

Ireland's trade to grow 125 per cent by 2026: report

HSBC is forecasting strong growth for Ireland’s trade, particularly in key sectors like pharma and agri-food.

From TheJournal.ie Huge job cuts on the way at HSBC - 700 are employed in Ireland HSBC

Huge job cuts on the way at HSBC - 700 are employed in Ireland

Europe’s largest bank is planning to cut 30,000 jobs worldwide by the end of 2013. It has declined to pinpoint where the job losses will be.

PRETAX PROFITS at international bank HSBC doubled to more than $11bn in the first half of this year.

Bad debts at the bank fell to their lowest level since the beginning of the financial crisis. HSBC was profitable in every region except the US, where it posted a loss of around $80m according to the Financial Times.

The figures also mark the firsst time the bank’s personal finance division has delivered a profit in over two years.

The bank also halved their impairments, which fell from over $14bn last year, to to $7.5bn this year. HSBC says it continues to increase lending in the UK and is “very much open for business”. However, it hit out at an idea mooted by the government to force more banks to sign up to lending targets.

HSBC’s investment banking division had the “second best ever half-year results”. Shares in the company are up over 3% as a result.