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...Number of people HSBC bank notified last week that their credit-card data may have been stolen after shopping with a MasterCard at Polo Ralph Lauren

Author: /time Magazine | Title: Numbers: Apr. 25, 2005 | 4/17/2005 | See Source »

...ACQUIRED. KOREA FIRST BANK, the country's eighth-largest lender, by British bank Standard Chartered after a fierce bidding war with rival HSBC Holdings; for $3.3 billion; in Seoul. The deal represents the biggest-ever foreign investment in South Korea's financial sector...

Author: /time Magazine | Title: Milestones | 1/16/2005 | See Source »

...avoided a return to recession?defined as two consecutive quarters of decline in gross domestic product?with 0.1% gdp growth in the third quarter following a 0.1% contraction in the second. "We are entering a slow patch, and there is no obvious exit," says Peter Morgan, chief economist at HSBC Securities in Tokyo...

Author: /time Magazine | Title: Back to Reality | 12/13/2004 | See Source »

...have been in Britain. Last month, the big insurer Aviva announced it is moving 950 back-office and processing jobs to India and Sri Lanka next year - and laying off 150 workers in Britain as a result. That follows similar announcements over the past year by British financial firms HSBC, Lloyds TSB and Barclays, among others. Others are trying to catch up. A study carried out last June by German consulting firm Roland Berger polled 500 top European companies, and found that 39% have already shifted some services abroad, and about 20% are planning to do so in the next...

Author: /time Magazine | Title: Au Revoir, Les Jobs | 10/3/2004 | See Source »

...global players and so need economies of scale?and after years of industry consolidation, UFJ is the only potential domestic lender that could provide the quantum leap in product array and asset size to put them on a footing to someday compete with international leaders, such as Citibank and HSBC...

Author: /time Magazine | Title: Wedding Crasher | 8/30/2004 | See Source »

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