Hongkong & Shanghai Banking Corporation
Factory output growth comes to near standstill in May
03 Jun 2013
Years of reckless spending, a long struggle containing inflation, high interest rates, policy paralysis and fragile global demand have put India back in a rut of slow growth, say economists
HSBC plans to cut 14,000 jobs to save up to $3 bn by 2016
16 May 2013
Since 2011, HSBC has closed or sold 52 non-strategic or underperforming businesses and achieved $4 billion in cost savings and generated double-digit loan growth in 15 priority markets