The Hongkong and Shanghai Banking Corporation

Banking giant HSBC more than doubled pre-tax profit to $17.2 billion in 2017, it announced on Feb. 20, after a recovery drive to streamline its business and slash costs.

HSBC has decided to retain its Turkish operations after the offers it received for the unit were deemed not to be in the best interest of shareholders, Group CEO Stuart Gulliver said in a statement on Feb. 22.

HSBC has decided to retain its Turkish operations after the offers it received for the unit were deemed not to be in the best interest of shareholders, Group CEO Stuart Gulliver said in a statement on Feb. 22.

Turkey's Fibabanka has joined the ranks of banks interested in buying HSBC's Turkish unit, two sources close to the matter told Reuters, a business that is also being considered by ING Group.

Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News reported on June 2.

The head of HSBC's private bank has told staff past practices that may have allowed some clients to dodge taxes are unacceptable, with the company facing pressure on both sides of the Atlantic over its conduct.

"Swiss Leaks" affair: Serbian tycoons were also hiding money in Swiss HSBC bank Serbian citizen brought 20 million euros in HSBC in a suitcase

Among numerous secret accounts in Swiss bank HSBC there are those belonging to some rich Serbian citizens.

HSBC, the UK's biggest bank, helped rich customers to dodge paying tax by allowing them to set up secret accounts in Switzerland.

By Evgenia Tzortzi

In an interview with Kathimerini, HSBC’s CEO in Greece Steve Banner is upbeat about the prospects of a Greek recovery and says the bank is well positioned to assist local companies in the process.

In contrast to other global banks, HSBC opted to remain in Greece. What led to this decision?