EALB pumps US$14 million into Egypt’s Petroleum Sector Loan
The Egyptian Arab Land Bank (EALB) contributes US$14 million to the state-owned Egyptian General Petroleum…
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HSBC
Etisalat Egypt’s Revenues grow 2.6% at end-2014
Etisalat Egypt, the Egyptian arm of UAE’s telecom group Etisalat, registered revenues worth around EGP 10 billion…
HSBC Chief leaves Lawmakers puzzled by ‘Quite Strange’ Pay Setup
Chief Executive Officer Stuart Gulliver opened his testimony on alleged tax dodging at HSBC Holdings Plc’s Swiss…
HSBC posts Fall in Profit
HSBC Holdings PLC on Monday reported a sharp fall in full-year net profit, as the bank continues to weather…
HSBC Confirms Its Chief Holds Swiss Bank Account
HSBC has confirmed that its chief executive Stuart Gulliver uses a Swiss bank account to hold his bonuses. The bank…
Swiss raid HSBC in Money Laundering Probe
Swiss authorities on Wednesday raided the offices of British banking giant HSBC's Swiss unit as part of a money…
HSBC, NBAD Grant Etisalat Egypt US$120mn Loan
Etisalat Egypt signed US$120 million agreement with HSBC and National Bank of Abu Dhabi (NBAD). The company will…
Denials Continue Despite MPs Hearing of HSBC Tax Evasion Claims in 2011
Downing Street insists it had no warning of HSBC wrongdoing, despite revelation MPs had known about ‘disc from the…
China January Inflation Hits Five-year Low
China's annual consumer inflation hit a five-year low in January while factory deflation worsened, underscoring…
HSBC Bank ‘Helped Clients Dodge Millions in Tax’
Britain's biggest bank helped wealthy clients cheat the UK out of millions of pounds in tax, the BBC has learned.…