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Spark Alliance (also known as Spark Alliance HK) is an organisation which finances bail payments for persons arrested in connection with the 2019–2020 Hong Kong protests.
Swiss Leaks (or SwissLeaks) is a journalistic investigation, released in February 2015, of a giant tax evasion scheme allegedly operated with the knowledge and encouragement of the British multinational bank HSBC via its Swiss subsidiary, HSBC Private Bank (Suisse). [1]
The first public indication of the crisis was in February 2007, when HSBC issued its first-ever profit warning as a result of losses incurred by its U.S. consumer finance arm. [2] Later that year, in July 2007, two Bear Stearns hedge funds became insolvent. [3] There followed a series of global events that led to the seizure of interbank credit ...
Sold its Russian business. [88] 13 July 2023: Hewlett-Packard: Computer hardware United States: Suspended product shipments to Russia. [89] Exits Russia 2 March 2022 1 June 2022: Henkel: Chemical and consumer goods Germany: Investments in Russia [90] 2022: Hermès: Luxury goods France: Suspended its activities in Russia [91] 2022: Hilton ...
HSBC Holdings plc (Chinese: 滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
A barrage of geopolitical disruption in the last five years has only hastened the appetite among some of the world’s fastest-growing companies to expand internationally, new research has found.
At least 15 banks including Barclays, HSBC, and Goldman Sachs disclosed investigations by regulators. Barclays, Citigroup, and JPMorgan Chase all suspended or placed on leave senior currency traders. Deutsche Bank, continental Europe’s largest lender, was also cooperating with requests for information from regulators.
Protesters outside HSBC called for sanctions against the bank, who was accused was siding with the government and the police. HSBC published a statement on Twitter on 20 December stating that the decision to close the account was "Completely unrelated to the Hong Kong's Police's arrest of the four individuals on 19 December 2019.