HSBC
HSBC
HSBC Holdings is a banking and financial services holding company. Through its subsidiaries, Co. is engaged in the provision of a range of financial services including: personal, commercial, corporate, institutional, investment and private banking; trade services; cash management; treasury and capital market services; insurance; consumer and business finance; pension and investment fund management; trustee services; and securities and custody services.
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Chief Executive Officer Stuart Gulliver is still battling to reverse five years of declining revenue as he pares back HSBC’s sprawling global footprint and reduces expenses.
February 21 -
HSBC was fined $32.5 million for failing to comply with a 2011 consent order that directed the bank to revamp its mortgage servicing and foreclosure practices.
January 9