News about bank

China hits back at new US sanctions over Iran

Beijing reacted furiously Wednesday to new US sanctions imposed on a Chinese bank over transactions with Iran, urging Washington to revoke them and saying it would lodge an official protest.
01 August 2012 13:36

Asian markets rise again on stimulus hopes

Asian markets were generally higher Tuesday, their third consecutive positive session, amid continued hopes for new stimulus measures by European and US central banks.
31 July 2012 14:04

HSBC shares dive in Hong Kong after apology

Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.
19 July 2012 11:13

HSBC seeks to evict Hong Kong 'Occupy' protesters

Global banking giant HSBC on Monday sought legal permission to evict a handful of protesters camped outside its Hong Kong headquarters, one of the last remnants of the "Occupy" movement in Asia.
16 July 2012 19:16

South Korea unexpectedly cuts key interest rate

South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.
13 July 2012 10:01

Barclays chairman resigns over rate rigging scandal

Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.
03 July 2012 13:37

Furious Spanish investors seek Bankia scalps

Furious pensioners who lost savings through investments in ruined lender Bankia booed its managers Friday, branding them thieves, at the first shareholders' meeting since the bank's huge rescue.
01 July 2012 18:21

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