HSBC Holdings plc is a public limited company incorporated in England in 1990, and headquartered in London since 1993. As of 2009, it is both the world's largest banking group and the world's 6th largest company according to a composite measure by Forbes magazine. Hong Kong served as the bank¹s headquarters until 1992 when it was forced to move to London as a condition of completing the acquisition of Midland Bank. Today, whilst no single geographical area dominates the group's earnings, Hong Kong still continues to be a significant source of its income. Recent acquisitions and expansion in China are returning HSBC to part of its roots. HSBC has an enormous operational base in Asia and significant lending, investment, and insurance activities around the world. The company has a global reach and financial fundamentals matched by few other banking or financial multinationals. Read More

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An investor reads a newspaper with a magnifying glass in front of an electronic board showing stock information at a brokerage house in Huaibei, Anhui province April 5, 2012.
Weekly Roundup: Asian Markets Fall On Weak China Data And Euro Zone Debt Concerns

By IBTimes

Asian markets declined this week on increasing concerns about China's economic slowdown and Greece possibly exiting the euro zone. (May 26)

MORE TOPICS: CHINA, MANUFACTURING, ELECTIONS, INDIA

HSBC sees "no big deals" as pay row fizzles

By Reuters UK

HSBC <HSBA.L> said it had no appetite to take advantage of turmoil in the euro zone and make big acquisitions there or anywhere else where rivals are selling major assets. (May 25)

MORE TOPICS: BARCLAYS, FTSE, UNITED ARAB EMIRATES, INDIA, SOUTH AFRICA, NEDBANK

Hong Kong shares suffer 3rd weekly loss, China weak too

By Reuters

Hong Kong shares rose 0.3 percent in lackluster Friday trade, but slumped to a third-straight weekly loss that pared 2012 gains to 1.5 percent, with the European debt crisis and slowing Chinese economy unnerving investors. (May 25)

MORE TOPICS: CHINA, HANG SENG INDEX, GDP, INVESTMENT

FTSE down in thin volume after breakout fails

By Reuters UK

Top share index was a touch lower in thin, choppy trade on Friday, with cyclical stocks once again suffering as lack of clarity on the euro zone's debt and economic crisis threatened to slow the global economy. (May 25)

MORE TOPICS: GOLD, BARCLAYS, FTSE, ELECTIONS, LONDON

Analysis: Greeks not alone in bank savings exodus

By Reuters

Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago. (May 25)

MORE TOPICS: GOLD, BARCLAYS, BNP PARIBAS, DEUTSCHE BANK, GERMANY, RETAIL

Analysis- Greeks not alone in bank savings exodus

By Reuters UK

Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago. (May 25)

MORE TOPICS: GOLD, BARCLAYS, BNP PARIBAS, DEUTSCHE BANK, GERMANY, RETAIL

Britain's FTSE down in thin volume after breakout fails

By Reuters UK

Britain's top share index was a touch lower in thin, choppy trade on Friday, with cyclical stocks once again suffering as lack of clarity on the euro zone's debt and economic crisis threatened to slow the global economy. (May 25)

MORE TOPICS: GOLD, BARCLAYS, FTSE, ELECTIONS, LONDON

Markets Little Change Despite Big Chunk of Eco Data

By Oil N'Gold

It was a busy day in terms of dataflow and meetings among policymakers. Yet, investors appeared tired of receiving disappointing macroeconomic indicators and ambivalent messages from the Eurozone leaders. Financial markets waxed and waned with the DJIA and the S&P 500 gaining +0.27% and +0. (May 25)

MORE TOPICS: CRUDE OIL, GERMANY, MANUFACTURING

Asian shares fall to 2012 lows as Europe worries weigh

By Reuters UK

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth. (May 24)

MORE TOPICS: CHINA, GOLD, BARCLAYS, GERMANY, MANUFACTURING, JAPAN

Asia shares fall to 2012 lows as Europe worries weigh

By Reuters UK

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth. (May 24)

MORE TOPICS: CHINA, GOLD, BARCLAYS, GERMANY, MANUFACTURING, JAPAN

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