News

The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

Market Report: Experts pour cold water on bid talk

Traders have spent this year trying to flush out takeover deals for water groups including Pennon and United Utilities. But yesterday experts at HSBC washed out any hope of M&A, blaming regulatory uncertainty as the cause.

Spotlight on: HSBC's 5-year fixed mortgage

The deal

HSBC axes over 1,000 jobs as bank 'evolves'

HSBC announced job cuts today, impacting on thousands of its staff, over the “changing nature” of the business as well as regulation.

England sevens players show their colours to promote 'Safari' fancy dress theme for fans

Rugby players have often been called animals….and now they really look the part.

Police officers on the look out as Thatcher's body arrives at the Crypt Chapel of St Mary Undercoft in the Houses of Parliament

Boston bombing prompts security increase at Margaret Thatcher's funeral

MI5 are concerned that Republican splinter groups are plotting an attack on Britain

Chinese luxury shoppers seek home comforts

Wealthy Chinese shoppers are beginning to ditch European shopping trips for Asian spending sprees.

Aviva Premiership round-up: Semesa Rokoduguni deflates battling London Welsh

Few would have expected anything else. London Welsh, weighed down by their five-point deduction, showed that they will fight to the end against relegation from the Premiership, but yesterday raw effort was not enough.

Postcard from...Hong Kong

HSBC accused of aiding tax evasion in Argentina

The British banking giant HSBC has been accused of facilitating money laundering and tax evasion in Argentina.

Ben Chu: Forget the bleats about those banking bonuses

Outlook Others, however, seem to be going backwards. For some reason Andrew Bailey has chosen to throw his weight behind the inalienable right of UK banks to pay their staff bonuses many multiples of their basic salaries. He brandished a back-of-an-envelope calculation before the Treasury Select Committee this week in his confirmation hearing as the new boss of the Prudential Regulation Authority.

The Business Matrix: Tuesday 12 March 2013

GE wants Mary Schapiro on board

The HSBC bonus pool was cut by 12% from $4.2 billion to $3.7 billion

Outrage as HSBC hands £2m bonus to chief Stuart Gulliver after fine in US

Two hundred are paid more than £1m despite sanctions-busting exposure

James Moore: Precious little humility from those at the top despite banks' misdeeds

Outlook. Plus: Swiss show the way and block an escape route

HSBC set to unveil one of the biggest profit hauls in UK banking history with announcement of £15.6bn profits

Stuart Gulliver is expected to receive a bonus of around £2 million as part of a total pay and benefits package reportedly worth between £6 million and £7 million for 2012

HSBC chief executive sees bonus slashed

Stuart Gulliver, the boss of HSBC, will see his pay slashed from a maximum £12.5m in the wake of the bank's £1.5bn US fines for acting as a conduit for drug money and sanctions-busting.

Career Services

Day In a Page

Independent Travel
Bruges
Lake Como
Burgundy
South AFrica
Paris
Northern Corsica
Prices correct as of 21 November 2014
Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner
The King's School is way ahead of the pack when it comes to using the latest classroom technology

Staying connected: The King's School

The school in Cambridgeshire is ahead of the pack when it comes to using the latest classroom technology. Richard Garner discovers how teachers and pupils stay connected
Christmas 2014: 23 best women's perfumes

Festively fragrant: the best women's perfumes

Give a loved one a luxe fragrance this year or treat yourself to a sensual pick-me-up
Arsenal vs Borussia Dortmund: Alex Oxlade-Chamberlain celebrates century with trademark display of speed and intuition

Arsenal vs Borussia Dortmund

The Ox celebrates century with trademark display of speed and intuition
Billy Joe Saunders vs Chris Eubank Jnr: When two worlds collide

When two worlds collide

Traveller Billy Joe Saunders did not have a pampered public-school upbringing - unlike Saturday’s opponent Chris Eubank Jnr
Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?