HSBC Holdings H1 Net Profit Slips. (RTTNews.com) - HSBC Holdings Plc (HBC, HSBA.L) reported Monday an 11 percent rise in first-half profit before tax, while net profit declined as its European operations posted a loss and it had to provide more money ...

HSBC Holdings PLC (HBC) has appointed Dermot Murphy and Mahmoud Atalla as managing directors in the new credit solutions group within the global credit division, it said Monday.

HSBC net dips 9% from the year-ago half. -- Puts aside $700 million for U.S. money-laundering probe. -- Says eventual fines for probe could be higher than provision.

By Sara Sjolin, MarketWatch. LONDON (MarketWatch) - U.K. stocks closed higher on Monday, led by banks and resource firms as the London benchmark extended gains from the previous session, while bank HSBC Holdings PLC rose after announcing ...

(Adds detail throughout.) By Max Colchester. LONDON--HSBC Holdings PLC (HBC) said Monday that net profit fell in the first half, as the bank put aside millions of dollars to cover the fallout of a U.S.

HSBC Holdings PLC (HBC) is expected to make a $200 million provision for costs after the bank came under scrutiny for failing to combat money laundering in its U.S.

Lloyds, HSBC and RBS haven't yet disclosed provision details. -- A total 28000 products sold. -- Seven other banks have agreed to review selling practices.

A unit of HSBC Holdings PLC (HBC) has agreed to sell its entire stake in a payment-processing company to its joint venture partner Global Payments Inc. for US$242 million, the global banking giant said Friday, as part of its effort to shift away from ...

By Joanne Chiu. HONG KONG--A unit of HSBC Holdings PLC (HBC) has agreed to sell its entire stake in a payment-processing company to its joint venture partner Global Payments Inc. for US$242 million, the global banking giant said Friday, as part of its ...