Results tagged “HSBC”
Big companies supporting smaller ones financially? Bosses happy to let employees disappear for months on end? Robots serving you goods in the High Street?
It's not an alternative universe. It's the way the world of business is predicted to pan out over the next decade.
Bragging rights will be up for grabs later this month when the City Scrum touch rugby tournament returns.
Now in its third year, the touch rugby tournament at the Honourable Artillery Company ground on March 24 has become a firm fixture on the sporting calendar.
HSBC has reiterated its commitment to staying in Canary Wharf after revealing a jump in underlying profits last year.
The bank made a pre-tax profit of $13.3billion for 2009, an increase of 56 per cent on the previous year, but its reported profit before tax fell by 24 per cent to $7.1billion due to losses in its American operations.
It's hard to imagine it but the sunny weather will soon arrive - and with it London will turn into a Latin American music and arts extravaganza.
Last Monday, the Southbank Centre announced its line-up for the HSBC-sponsored Festival Brazil, which will run in and around the Waterloo venue from June to September.
Fed up with working long hours, Grace Yusuf decided to leave her job in the finance sector and become her own boss.
Armed with a degree in computer science, the North Greenwich resident swapped banking for matchmaking and this week launched an internet dating website.
HSBC chief executive Michael Geoghegan has warned of an exodus of bankers from Britain just days before he himself relocates to Hong Kong.
Mr Geoghegan criticised the Government's handling of the economy and attacked the introduction of the bonus tax, which he feels is doing more harm than good.
It's a sign of the times that the great and good of Canary Wharf were overlooked in the New Year's Honours list with only one former banker recognised for his services to the industry.
Dyfrig John, former deputy chairman and chief executive of HSBC, who was awarded a CBE. Mr John stepped down from the bank last March after 38 years with them, starting as a trainee with Midland Bank in 1971.
HSBC has bucked the property market trend by selling its Canary Wharf headquarters in a £772.5million deal.
The bank's Canada Square tower has been sold to the South Korean National Pension Service, although HSBC will remain as tenants.
HSBC reported another improvement in its trading for 2009 when it published its third quarter update but did not disclose how much its profits are up.
The bank, based in Canada Square, revealed this morning pre-tax profits are "significantly ahead" of where they were for the same period last year.
The recession is still with us but one Wharf-based bank is already working with its customers to prepare for the economic upturn.
Carol Bagnald is the London regional director of HSBC's commercial banking team and she believes this is the perfect time for SMEs to reorganize and prepare for the end of the downturn.
Banking bonuses are back on the agenda but some Wharf-based institutions are taking a different approach to recruiting and keeping the best talent.
Citigroup announced last month they would be increasing basic salaries for staff by 50 per cent to offset reduced bonuses.
Roger Federer is favourite to win another Wimbledon title but don't ignore Rafael Nadal and Andy Murray.
That's the view of Tim Henman ahead of the start of the tournament next Monday. The former Wimbledon semi-finalist thinks five-time champion Federer has the edge on his closest rivals after his recent victory in the French Open.
It's been a good year for Brian O'Driscoll. Back in March, he captained the Irish rugby team to the Six Nations trophy and their first Grand Slam win in more than 60 years, when he was also named player of the championship.
And last weekend he helped Leinster to European Cup success against Leicester.
Gareth Edwards knows a thing or two about rugby and he thinks the British and Irish Lions can win their forthcoming tour to South Africa.
The legendary Welsh scrum-half is an ambassador for Wharf-based bank HSBC, who are sponsoring the Lions tour in June.
Amid all the economic gloom it is heartening to see a long-term success story continuing to flourish in the shadow of Canary Wharf.
Hall Marketing, based in Poplar, has been delivering cutting-edge training simulations to multi-national companies for over 30 years.
HSBC is toying with the idea of selling its Canary Wharf HQ - just four months after re-taking control of the building.
The company made a £250million profit on Metrovacesa's ill-fated £1.09billion deal for 8 Canada Square, but revealed this week that it could consider re-selling the 45-storey tower.
HSBC is to inform 1,200 UK staff they face the threat of redundancy in the next 12 months.
Many of the cuts will hit back office staff in locations such as Leamington Spa and Newport, but the bank confirmed under 100 would be based at its Canada Square headquarters in Canary Wharf.
Several lights on Canary Wharf's glittering skyline will blink out for an hour on Saturday (March 28).
Wharf tenants are among the organisations getting involved with the World Wildlife Fund's Earth Hour, which will see 2,398 cities in 83 countries switch off their lights at 8.30pm local time.
HSBC's Canary Wharf logo will be switched off for an hour next weekend as part of a climate-change initiative.
The Canada Square bank has agreed to black out its distinctive beacon to promote the World Wildlife Fund's Earth Hour event.
Following the death of a much-loved colleague to diabetes, members of HSBC’s graduate team were determined to help others with the illness.
After a year of fundraising at the bank, the team made more than £11,500 for the Juvenile Diabetes Research Foundation.
