HSBC

A top official at the Financial Services Authority (FSA) has warned Britain's four largest banks face more questions over their sale of interest rate hedges to small business customers.

FundsNetwork has announced a range of 50 exchange traded funds (ETFs) will launch on the platform for advisers next week.

The Mixed Investment 20-60% Shares sector continued to prove popular with investors in May, figures show.

The country's banks are sitting on £40bn of undeclared losses that are stopping them lending to business and households, analysis has found.

The man responsible for HSBC's UK retail and commercial banking business has been named as the next chairman of the Financial Services Practitioner Panel (FSPP).

International banks shed light on where expats are based and how they are coping with economic turmoil.

HSBC has "postponed indefinitely" plans to move its headquarters from London to Hong Kong, its chief executive said.

PENSIONS

HSBC has confirmed it is to close its tied advice service, with the loss of about 600 jobs, as the bank prepares for life post Retail Distribution Review (RDR).

HSBC is to cut 2,000 jobs in the UK by the end of next year as part of its cost-cutting drive, according to reports.