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Fitch sees HSBC rating under likely pressure
Feb13

Fitch sees HSBC rating under likely pressure

An international scrutiny of HSBC’s alleged role in tax avoidance or tax evasion poses risks including potential pressure on the bank’s ‘AA-‘/Stable ratings, Fitch Ratings said 12 February 2015. Fitch Ratings-Hong Kong/London-12 February 2015: Publication of historical details on client transactions at HSBC’s Swiss private banking subsidiary and the allegations the bank helped clients evade tax highlights...

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Is/was HSBC the only bank doing this?
Feb09

Is/was HSBC the only bank doing this?

The BBC’s Panorama programme later tonight (9 February 2015) is among numerous media that are focusing on revelations that HSBC, Britain’s largest bank, helped many people deprive the UK of tens of millions of pounds/dollars in tax. But is — ok, was — HSBC the only bank doing this? This is among numerous other questions that, according to analysts interviewed by The Middle East in Europe, remain unanswered. The...

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UK business centre targets Turkish trade
Aug21

UK business centre targets Turkish trade

  A new business centre in Istanbul will aim to boost British business from a city that offers potential opportunities in eastern Europe, the Middle East and Central Asia and the Caucasus. The new centre, launched 20 August 2014 by HSBC and the British Chamber of Commerce in Turkey “will support UK and Turkish business links and operations , and help British businesses who wish to start operating in Turkey,” HSBC...

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