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Business 01 Mar 2011 | 12:00 AM

HSBC investors not smiling

LONDON: HSBC cut its profitability targets due to the cost of tougher global bank regulations yesterday, and disappointed investors as its 2010 earnings came in slightly below analysts' forecasts.

Other Sport 24 Sep 2011 | 12:00 AM

For UBS, austerity hard to balance at F1 race

SINGAPORE (Reuters) - In the lobby of Singapore's One Raffles Quay office tower, excited onlookers queue for a chance to sit in UBS AG's sleek Formula One car simulator.

Business 01 Oct 2011 | 12:00 AM

Tough battle for eurozone

WHEN in a hole, dig deeper', world famous speculator George Soros once said this about reviving a struggling US economy.

Business 27 Jan 2012 | 12:00 AM

US Senate probes HSBC

WASHINGTON: HSBC Holdings Plc is under investigation by a US Senate panel in a money-laundering inquiry, the latest step in a long-running US effort to halt shadowy money flows through global banks, according to people familiar with the situation and a company securities filing.

Business 10 Mar 2012 | 12:00 AM

Greece clinches debt swap

ATHENS: Greece has clinched a high-stakes debt swap, paving the way for an urgent bailout needed for the stricken eurozone member to avoid default.

World 12 Mar 2012 | 12:00 AM

Special Report - Mario Draghi's quiet revolution

FRANKFURT (Reuters) - On December 8 last year, Mario Draghi sat down to chair his second policy meeting as European Central Bank president. Wearing the same understated, dark blue tie he had sported when he led the ECB to a surprise interest rate cut at his first meeting as president a month earlier, Europe's most powerful banker wanted to hear his colleagues' arguments on what action to take this time.

World 12 Mar 2012 | 12:00 AM

Special Report - Mario Draghi's quiet revolution

FRANKFURT (Reuters) - On December 8 last year, Mario Draghi sat down to chair his second policy meeting as European Central Bank president.

Nation 15 Jun 2012 | 12:00 AM

HSBC helps wishes come true

KUALA LUMPUR: There will be more smiles and cheer from children with terminal illnesses with a global bank pitching in to make their wishes come true.

Business 16 Jun 2012 | 12:00 AM

Up Close and Personal with Sanjeev Nanavati

Sanjeev Nanavati is passionate about building a team that is ready for changes and challenges, and believes in the importance of continuing a legacy.

Business 22 Jun 2012 | 12:00 AM

Moody's cuts ratings of 15 global banks: What should they do?(update)

NEW YORK: Moody's Investors Service cut the credit ratings of 15 of the world's biggest banks on Thursday in an expected move that was part of a broad review of major financial institutions.