Hsbc Quotes

HSBC's executives saw an emerging class of global rich as the bank's path to prosperity. The superwealthy were increasingly stateless. They banked in Geneva. Lived in London and New York. Shopped in Paris and Milan. And they held their assets through offshore companies registered in places like the British Virgin Islands. HSBC executives were reading the telltale signs of a new age of inequality, even if they didn't recognize it as such. Governments were retreating from providing their citizens pension and health organizations, and HSBC strategy report observed. The stateless rich balked at paying taxes in their home countries, to which they felt little allegiance. It made sense to them to base their operations inside tax havens and to bank in Switzerland, where discretion was woven into the country's DNA. These trends represented an opportunity for the wealth management industry.

The more I ponder, I wonder if this isn't a searing, modern example of the peasants' historic inclination to doff their caps and tug their forelocks. To take their punishment and to remain silent. The banks tell us to believe the hype, the spin, to praise their brilliance and sophistication. They're smart because they say they are - and we accept they are because they say they are.

Vikas Nath is currently Director at Termdeal Limited which owns and runs restaurants across UK and Europe, notably Benares Restaurant & Bar in London - a Michelin-starred Indian restaurant. Prior to investing and operating hospitality businesses, Vikas Nath had a career in finance spanning 25 years across companies such as UBS, Credit Suisse, Deutsche Bank and HSBC.

The Halifax-Bank of Scotland merger brought to an end the greatest wave of consolidation in British banking history, wholly reshaping the industry in just a few years. It had begun with NatWest bidding for Legal & General; that caused the Bank of Scotland to make a surprise hostile bid for NatWest which it lost to Royal Bank of Scotland. In the meantime Lloyds bid for Abbey National which then approached Bank of Scotland – which merged with Halifax. It seemed like a great game of musical chairs, with Lloyds, which had earlier lost Midland to HSBC, the one left out.

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Aberdeen, a city in the northern reaches of HSBC-London. Their

Actualmente la Banca apuesta por la tecnología Blockchain. BBVA participa en el grupo de bancos internacionales para explorar las posibilidades de dicha tecnología en su negocio y han confiado a una startup americana R3 el desarrollo de aplicaciones utilizando esta tecnología en el sector financiero. Un proyecto que incluye actualmente unos 30 bancos globales, entre los que están BBVA (que estuvo entre los fundadores en septiembre de este año), Bank of America, Barclays, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Société Générale, BNP Paribas, Canadian Imperial Bank of Commerce, ING, Commerzbank, UBS…. También, a principios de 2015, BBVA invertía en la cartera virtual de criptomonedas más grande del mundo, Coinbase, que cuenta con un servicio de intercambio que permite a los usuarios comprar y vender bitcoin al instante.

Ethereum and banks Now you may wonder as to what impact Ethereum has on banks and vice versa, well, Ethereum is said to be a great influence on banks. As you know, banks put in a lot of effort towards safeguarding their customers; money and interest. This can lead to high cost of maintenance. By switching to Ethereum, banks have the chance to save on some of these costs and also provide high-level safety through the use of Blockchains. Many banks including HSBC, Barclays and other such have joined hands with R3, a company that is testing out Blockchains for banks. Once they manage to set up the systems, banks will find it easier to provide customers with the choice to deal in ETH. Version

So the lesson is – ‘only bank with your bank’. Only let your high-street bank run your current account. If you do any other business with the likes of HSBC, Barclays, RBS, Lloyds, Natwest then the chances are that you are paying for over-priced, poorly-performing products.

The transformation of my role at the bank began on February 7, 2007, when HSBC Holdings announced that its bad debts for the previous year would total more than $10.5 billion—20 percent over expectations—due to problems in its portfolio of subprime mortgage derivatives.

A different point of view is simply the view from a place where you're not.

Regulators in Britain, America and Switzerland fined six banks—HSBC, Royal Bank of Scotland, UBS, Bank of America, JPMorgan Chase and Citigroup—a total of $4.3 billion for manipulating foreign exchange markets. Britain’s Financial Conduct Authority said that traders at the banks had colluded to rig important benchmark exchange rates between 2008 and 2013.

the mid-2000s, Islamic banks operating in Egypt controlled around 10 per cent of the commercial deposits in the country's banking system; and a number of the world's leading banks (from Citigroup to HSBC) were heavily promoting their ‘Islamic arms’.

During the period between 2008-2010, many money laundering schemes/ scandals were exposed; two mostly publicized scandals being UBS (overall) and HSBC (for NRIs).  Both UBS and HSBC banks accepted that they were involved in practices of money laundering,

In 1865, Scotsman Thomas Sutherland started the Hongkong Shanghai Banking Company (later HSBC). A senior Chinese government official had issued a warrant for future HSBC board member Thomas Dent in 1839, to close his opium warehouses. This helped spark the first Opium War. France’s Le Monde Diplomatique said that “HSBC’s first wealth came from opium from India, and later Yunan in China.” Yunan is in the Golden Triangle area. The first Opium War forced China to cede Shanghai to Western powers, transforming it from a fishing village to China’s largest, most modern city with a network of opium smoking dens. Prof. Alfred McCoy would eventually call Hong Kong “Asia’s heroin laboratory,” and HSBC would become the world’s second largest bank.

Prof. Alfred McCoy would eventually call Hong Kong “Asia’s heroin laboratory,” and HSBC would become the world’s second largest bank.

Along with HSBC and SCB, National Bank had been severely indicted in a report that came out three months ago.

The thing is, there’s generally no consequence for bad police behavior, even repeated or serially bad behavior. Even if individual officers are successfully sued, the only thing that happens is that the city’s corporation counsel pays out some cash, and life just goes on as before. An officer’s record of complaints or settlements isn’t listed publicly. A defense lawyer who wants to find out if the officer who arrested his client has ever, say, bounced an old lady’s head off a sidewalk or lied to a judge about witnessing a drug sale has to meet an extraordinary legal standard to get access to that info. In order to look at an officer’s record, you have to file what’s called a “Gissendanner motion,” the term referring to a 1979 case, People v. Gissendanner. In that case, a woman in the Rochester suburb of Irondequoit was busted in a sting cocaine sale by a pair of undercover police. The court in that case held that the defendant isn’t entitled to subpoena the records of arresting officers willy-nilly, but that you needed a “factual predicate” to look for records of, say, excessive force or entrapment. In other words, you already need to know what you’re looking for before you find it. What this all boils down to is, if you really feel like it, you can definitely sue the New York City Police Department. Since so much of what they do happens on the street, in front of witnesses, you might very well even win. But even if you win, there’s not necessarily any consequence. The corporation counsel’s office doesn’t call up senior police officials after lawsuits and say, “Hey, you’ve got to get rid of these three meatheads in the Seventy-Eighth Precinct we keep paying out settlements for.” In fact, when there are successful lawsuits, individual officers typically aren’t even informed of it. What makes this so luridly fascinating is that this system is the exact inverse of the no-jail, all-settlement system of justice that governs too-big-to-fail companies like HSBC. Big banks get caught committing crimes, at worst they pay a big fine. Instead of going to jail, a check gets written, and it comes out of the pockets of shareholders, not the individuals responsible. Here it’s the same thing. Police make bad arrests, a settlement comes out of the taxpayer’s pocket, but the officer himself never even hears about it. He doesn’t have to pay a dime. And life goes on as before.

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For aiding and abetting drug cartels suspected in more than twenty thousand murders, groups famous for creating the world’s most gruesome torture videos—the Sinaloa Cartel in particular, with its style of high-volume reprisal killings and public chainsawings and disembowelings, makes al-Qaeda look like the Peace Corps—HSBC got a walk. Tory Marone, for smoking their product and passing out on a park bench, got sent to jail.

中国的炒股热潮正蔓延到香港就业市场。各银行和券商竞相招聘能够弥合中国和全球投资界之间鸿沟的分析师。 上证综指(Shanghai Composite)在过去12个月期间上涨逾一倍，使中国成为全球表现最佳的市场，吸引了世界各地基金经理的注意。 尽管瑞银(UBS)和高盛(Goldman Sachs)等投行长期运营提供中英文研究的合资项目，但去年末开通的“沪港通”促使其它许多机构重新思考其覆盖亚洲第二大股票市场的方式。 汇丰(HSBC)正在招聘10至15名分析师，以覆盖中国股票。该行亚太股票研究主管威廉•布拉顿(William Bratton)认为，随着亚洲的投资重心转向中国，此举可能只是开端。 “未来五年期间，如果不能正确把握中国，我看不出你怎么在亚洲运营一项可以生存的股票业务

more than $670 billion dollars in transactions by drug cartels through HSBC Mexico for at least a decade.511 An investigation revealed the bank, “ignored basic anti-money laundering controls.”512 HSBC’s American branch has been linked to the early financiers of Al Qaeda,513

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growing crop of biometric tools—sleep measurement apps, fitness monitors, the thumbprint reader introduced on Apple’s iPhone 5S, the gene-sequencing service 23andme.com—means that corporations are set to know us at the physical, even genomic level. (“Your DNA will be your data,” says one particularly creepy HSBC ad spotted at JFK airport.)

Sociopath meet, psychopath.

If you are marked. I will be marked with you.

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