Hsbc

HSBC Fires Workers Who Staged Mock ISIS Killing In Team-Building Exercise

CP | The Associated Press | Posted 07.07.2015 | Canada Business

LONDON - HSBC has fired six employees who staged a mock Islamic State group-style killing during a team-building exercise.The Sun newspaper reported T...

One Of World's Largest Banks Is Laying Off Up To 25,000

CP | Pan Pylas, The Associated Press | Posted 06.09.2015 | Canada Business

LONDON - HSBC Holdings, Britain's largest bank by market value, will cut between 22,000 and 25,000 jobs around the world in an attempt to reduce costs...

Why the World's Biggest Banks Are Feng Shui-ing Themselves

Sara Graham | Posted 06.27.2015 | Canada Business
Sara Graham

Beijing, Shanghai, Hong Kong, Singapore and Tokyo, have all integrated the core principles of Feng Shui into urban planning. And so it goes that the cities naturally become more attractive to urban dwellers and investors. The latter being key to economic growth.

Canadians Linked To HSBC Tax Scandal, Whistleblower Docs Reveal

CBC Toronto & Montreal | Posted 02.09.2015 | Canada Business

British bank HSBC helped hundreds of Canadians hide Swiss accounts from authorities to avoid paying millions of dollars in taxes, CBC News has learned...

Celebrities Swept Up In HSBC Secret Account Scandal

CP/HuffPost Canada | Danica Kirka, The Associated Press | Posted 04.11.2015 | Canada Business

The scandal unfolding around global banking giant HSBC’s alleged dealings with organized crime could potentially touch many famous people whose secr...

Europe's Largest Bank Charged With Forming Criminal Organization

CP | Raf Casert, The Associated Press | Posted 01.17.2015 | Canada Business

BRUSSELS - A Belgian investigating judge has charged a Swiss private banking branch of HSBC with massive organized fiscal fraud, money laundering and ...

Divine Right Of Corporations And Their Government Subsidiaries

Mark Taliano | Posted 01.23.2014 | Canada Business
Mark Taliano

The current trajectories of Canada's predominant political economies are increasingly dysfunctional, due in no small part to the fact that we have become, in many respects, a petro state, rather than the much vaunted "Energy Superpower" that we were promised.

Fun Fact: Not One Crooked Banker Has Gone to Jail

Nick Fillmore | Posted 11.12.2013 | Canada Politics
Nick Fillmore

Not one of the executives at any of the 10 or so giant international investment banks in the U.S. and Europe that imploded the financial system five years ago by using illegal trading methods has gone to jail, or even been prosecuted. Why hasn't more been done? That's a good, and frustrating, question.

Are Criminal Banks Trying to Crash the Economy Again?

Nick Fillmore | Posted 11.05.2013 | Canada
Nick Fillmore

Five years after the Great Recession of 2007-08 destroyed the lives of millions of people and cost trillions of dollars, many of the big investment banks that caused the near total meltdown are still involved in shady and sometimes criminal financial gambling schemes that could crash the world economy again.

Jesse Ferreras

Another Bank Where Canadians Are Training Foreign Replacements

HuffingtonPost.com | Jesse Ferreras | Posted 05.19.2014 | Canada Business

Royal Bank of Canada isn't the only financial institution where employees are busy training their foreign replacements. Sources close to HSBC Bank...

Why We're Losing Our Faith in Capitalism

Diane Francis | Posted 09.12.2012 | Canada Business
Diane Francis

Another sordid example of banksterism -- money laundering -- surfaced this week accompanied, not surprisingly, by a blistering global poll that shows faith in capitalism is shrinking. The HSBC (Hong Kong and Shanghai Bank Corporation), the largest financial institution in Europe, revealed "major internal-control problems" and plans to apologize for its lapses next week to members of a U.S. Senate subcommittee into terrorist and trafficking money laundering.

Chinese Economy's Apparent Slowdown Spooks Markets

CP | Elaine Kurtenbach, The Associated Press | Posted 11.22.2011 | Canada Business

SHANGHAI - Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened fears that the world economy will not escape...