HSBC in $100m climate initiative
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HSBC, the UK's largest bank, is backing a new $100m initiative to tackle global climate change.
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HSBC Holdings PLC, Europe's biggest bank, agreed to buy a 51 percent stake in Korea Exchange Bank for $6.3 billion as it attempts to boost its presence in the fast-growing Asian market.
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FINANCE group HHG is selling its British life assurance assets to entrepreneur Hugh Osmond&#39;s Sun Capital in a Â£1.025bn cash deal.
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LONDON (Dow Jones)--HSBC Holdings PLC (HBC) has expressed an interest in the $3 billion store and credit card operations of Federated Department Stores Inc.
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The Australia and New Zealand Banking Group hired Michael Smith, head of Asia for HSBC Holdings, as chief executive to drive expansion in Asia, where the bank plans to double investment. Mr. Smith, 50, who worked for HSBC for 29 years, succeeds John McFarlane, who ran the bank for a decade. âIâve watched the Australian banks for a number of years and often wondered why they havenât done more in Asia,â Mr. Smith said in an interview. ââWhen a market like Australia becomes mature, you have to look for opportunities elsewhere and I really do feel there is a significant opportunity in Asia.â.
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HSBC  (0005.HK) is not  considering acquisitions in Japan and will instead focus on  growth by itself as it rolls out retail banking in the world&#39;s  second-largest economy, HSBC Chairman Stephen Green said on  Thursday.
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LONDON -- British billionaire entrepreneur Sir Richard Branson, with former vice president Al Gore at his side, offered a $25 million prize yesterday for anyone who can come up with a way to blunt global climate change by removing at least a billion tons of carbon dioxide a year from the earth's atmosphere.
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By Jonathan D. Epstein  HSBC Bank USA agreed Wednesday to pay nearly $1 million in fines and reimbursement to settle a state lawsuit over a toxic chemical cleanup in Orange County in a case brought under the federal Superfund Act.
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Chancellor Gordon Brown pledged to tackle climate change with an ambitious target of making every new home a zero carbon home within the next ten years.Details will be announced next week, but to kick start the ...Comment
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A Â£12m private donation is to fund the Institute for Climate Change at Imperial College London.
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NEW YORK -- British business mogul Richard Branson yesterday pledged to invest about $3 billion over the next decade to combat global warming and promote alternative energy, saying it is critical to protect the environment for future generations.
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HSBC reports record annual profits of $22bn, even as bad debt from its mortgage business in the US rose.
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LONDON/SEOUL  - HSBC  has agreed to buy a 51 percent stake in Korea Exchange Bank (KEB)  from U.S. private equity firm Lone Star for about $6.3 billion in cash to boost its profile in Asia's third-largest banking market.
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The Carlyle Group, the Washington private equity firm, agreed to lend its credit-investment affiliate in the British island of Guernsey $100 million.
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Carbon "credit cards" could be used to encourage carbon thrift, Environment Secretary David Miliband suggests.
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Science & environment: Climate initiatives undermined by rules on financial aid for installing wind turbines and solar panels
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The damage done to trees by the October Surprise storm was heart- wrenching, and it was clear from the beginning that many resources would have to be pooled to help the urban forest recover. That effort got a huge boost recently, HSBC Bank sent $100,000 to the Olmsted ReLeaf campaign.