HSBC
Updated
Scams
HSBC knew customers were being scammed but didn’t help even as fraud surged: ASIC
Australia’s corporate regulator alleges the banking giant failed its customers by taking months to investigate scam reports and freezing customers’ accounts and leaving them without access to their own money.
- by Aisha Dow
Latest
‘Dragged kicking and screaming’: Banking giant loses battle against scam victim
The decision by the Australian Financial Complaints Authority, which came after an investigation by this masthead, has come as a welcome shock to victims and consumer advocates.
- by Aisha Dow
Exclusive
Investigations
‘Not a single care’: Victims of HSBC fraud say bank could have stopped the scammers
HSBC is a small player in Australia’s banking sector, but data suggests its customers have been heavily targeted by fraudsters. Those who have lost life savings wish the bank had done more.
- by Aisha Dow
Bankers sacked for faking work following rise of ‘mouse jigglers’
The US banking giant discharged members of its wealth and investment management arm after investigating claims that they were pretending to be busy.
- by Adam Mawardi
World is at ‘tipping point’ after global debt binge, warns HSBC boss
HSBC chief Noel Quinn says countries risk being “hit hard” after allowing borrowing to balloon in the wake of the financial crisis and the pandemic.
- by Szu Ping Chan
Opinion
Hong Kong
HSBC is under threat as tensions between the East and the West rise
HSBC’s roots lie in the financing of trade between the East and the West, but tensions between the two, coupled with some shareholder discontent, now threaten to tear it apart.
- by Stephen Bartholomeusz
Opinion
Global warming
The heat is already on: What currency crises tell us about climate change
While we may “cope with it” for a while, there will come a point when we can’t — and the scale of catastrophe will be immense.
- by Paul Krugman
Banker busted for ‘saying the quiet bit out loud’ on climate change
“Who cares if Miami is six metres underwater in 100 years?” said Stuart Kirk in a speech at a Moral Money conference that raised eyebrows around the world.
- by Nick O'Malley
Exclusive
Great Barrier Reef
Student claims HSBC’s Great Barrier Reef ad a ‘blatant greenwash’
The bank is being challenged by a 17-year-old for promoting products supporting the reef, while funding fossil fuel operations including the Adani mine.
- by Peter Hannam
BlackRock joins Citi and HSBC in plan to close coal plants early
BlackRock and other major financial institutions are working on plans to accelerate the closure of coal-fired power plants in Asia in a bid to phase out the use of the worst man-made contributors to climate change.
- by Krystal Chia
Exclusive
Hong Kong
Top Hong Kong investor claims China’s crackdown will be ‘better for business’
A top executive at banking giant HSBC has claimed China’s crackdown on tech companies and society will benefit investors over the long term.
- by Charlotte Grieve
Original URL: https://www.watoday.com.au/topic/hsbc-holdings-plc-1mvb