HSBC
HSBC hit by fraud attempt
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Asia Risk interdealer survey 2007: Dealers
Deutsche dethroned
HSBC plans $45 billion SIV restructuring
HSBC is to bail out two of its structured investment vehicles (SIVs), Cullinan and Asscher, blaming "the inability of most SIVs to fully roll over their senior funding in the form of commercial paper or medium-term notes" and "a continued decline in the…
HSBC takes $4.4 billion in write-downs on weak US credit
HSBC has reported a total of $4.4 billion in write-downs on its US consumer lending, mortgage and investment banking businesses.
HSBC and SAS launch Raptor project
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HSBC CIBM creates European corporate liability group
HSBC Corporate, Investment Banking and Markets (CIBM) has established a European corporate liability solutions group, headed by Russell Schofield-Bezer.
The online frontier
2007 has been a year of online activism and banks have paid the price. Is there an emerging reputational risk threat posed by bloggers and discussion forums? Peter Madigan investigates
HSBC launches climate change indexes
HSBC's Corporate, Investment Banking and Markets division (CIBM) has launched an index to track the stock market performance of companies that stand to profit from the challenges posed by climate change, alongside four investable sub-indexes.
Olson and Goldshmidt join RBC in emerging markets
RBC Capital Markets has appointed Eric Olson and Ron Goldshmidt in emerging markets trading.
Lloyds TSB makes more derivatives hires
Lloyds TSB has added four senior staff to its London derivatives team.
Lloyds TSB makes institutional derivatives sales hires
Lloyds TSB has recruited Peter McGloughlin and Ian Shaw to its team selling derivatives to financial institutions.
HSBC creates Asia-Pacific structured credit product head
Matthew Cannon, HSBC’s London-based head of structured credit marketing for Europe, the Middle East and Africa, has been appointed to a newly created role.
HSBC plans record-breaking SIV
HSBC has launched the largest ever structured investment vehicle (SIV) launch, with an initial portfolio of over $6 billion, called Asscher Finance.
LiquidityHub expecting launch in Q3
London-based electronic trading consortium LiquidityHub plans to start distributing the liquidity of 15 banks in interest rate swaps by the third quarter of this year.
Trading platforms strike deal with LiquidityHub
LiquidityHub, the London-based electronic trading consortium, has signed agreements to distribute its liquidity in the interest rate swap and US Treasury bond markets across the Reuters and Bloomberg trading platforms.
Overley joins HSBC as head of structured fund origination
Kurt Overley has joined HSBC in New York as global head of origination for structured fund products.
Eurex to launch UK equity futures
Frankfurt-based derivatives exchange Eurex plans to list 17 sterling-denominated single-stock futures in May.
Risk managers: rainbow warriors?
Corporate social responsibility is an oft-bandied term among big business, but frustratingly hard to define. Peter Madigan looks at the risk issues for banks and what risk and compliance executives need to know
Banks call for third way to implement Basel II
US banks want a third way for Basel II implementation
HSBC joins its peers in objections to US Basel II
HSBC North America Holdings voices its opposition to the Basel II proposal
HSBC trades first renminbi non-deliverable swaption
HSBC has traded the first ever option on a renminbi non-deliverable interest rate swap, the bank said in a statement.
HSBC appoints global head of exotics
HSBC Corporate, Investment Banking and Markets has appointed Laurent Boscherel to the newly created position of global head of exotics, within its global structured equity business.
Sharia forex hedges take off
The market for sharia-compliant foreign exchange hedges continues to grow, with Citigroup structuring the first cross-border sharia-compliant cross-currency profit rate swap worth $230 million.
HSBC and Babson close $502 million CDO
HSBC and Babson Capital, the Massachusetts-based asset managers, have closed a $502 million managed synthetic CDO.