The Justice Department has expanded its criminal investigation into foreign banks that sell offshore private banking services to include Credit Suisse and HSBC, according to people briefed on the matter. The investigation into the two European banks is an outgrowth…
Le moteur de recherche sur internet Google, la première banque européenne HSBC et le cà¢blo-opérateur Liberty Global se sont associés dans un projet destiné à fournir un accès internet haut débit à faible coà»t à trois milliards de personnes vivant…
A fresh writedown for UBS. An ethical writedown, that is. The below chart compiled by Covalance - an ethical research outfit. As you’ll notice, UBS - generally a poorly behaved child - has been very naughty since mid-April. (...) HSBC,…
Interactions of banks with governments are increasingly criticized in terms of ethics; meanwhile, environmental initiatives and philanthropic donations are the industry’s main positive news cows, states a report published today by Geneva-based ethical reputation research firm Covalence — Covalence Banking…
Banking giant HSBC has come under attack after proposing changes to its pension schemes which union leaders claim will leave staff in a "precarious" financial position. The bank maintained that the proposals involved an investment in pensions and would improve…
Geneva-based Covalence is publishing today its third annual ethical reputation ranking, giving the best ranked companies as well as those companies which have made the most progress in 2007. An overview of emerging and decreasing topics is also given. The…
La société genevoise Covalence publie aujourd’hui son troisième ranking annuel de réputation éthique, qui classe les entreprises enregistrant le meilleur score et celles ayant le plus progressé au cours de l’année 2007. Les principaux résultats à travers les dix secteurs…
India Inc has finally woken up to the idea of giving a 'fair' colour to its gender profile at the top. Even though the country's report card on women in top management has not been impressive, corporates are now moving…
En matière de réchauffement climatique, l’industrie pétrolière est sans surprise la première montrée du doigt. Le produit final et le processus de production sont jugés polluants par un grand nombre d’observateurs. Leader du secteur, l’américain ExxonMobil est la principale cible…
HSBC Bank has launched YourSolutions.co.in, an online forum where users can take up issues of concern and discuss possible solutions. The site also hosts videos highlighting problems related to water, waste, energy, carbon dioxide, climate, road traffic and cricket. According…
