HSBC

Expats are still better off financially, despite downturn in local economies says the latest Expat Explorer survey.

Leading fund managers, including L&G and Jupiter, have stepped up their attack against huge pay rises at the UK's biggest banks.

As the eurozone crisis reaches a crescendo, the Bank of England has revealed just how much exposure UK banks have to the region's most troubled economies.

The FSA has fined HSBC £10.5m for inappropriate investment advice provided by one of its IFA subsidiaries, NHFA Limited (NHFA), to elderly customers.

HSBC Global Asset Management has launched a UCITS-compliant frontier markets fund. HSBC's existing Luxembourg-based fund, the New Frontiers Fund and launched before frontier markets were UCITS compliant, will be merged into the new fund.

MPs campaigning for better compensation for Arch Cru investors will try to broker a blanket deal on redress to avoid the Financial Ombudsman Service being flooded with claims against IFAs.

Standard & Poor's has downgraded a raft of US and UK banks including HSBC, Barclays, and Goldman Sachs following an overhaul of its ratings criteria.

Capita Financial Managers, which wants Arch Cru investors to accept a payoff linked to the sale of assets from the suspended fund range, has admitted that three-quarters of the remaining value of the cells is uncertain.

An undercover investigation has revealed widespread poor and misleading advice from financial advisers at some of the highstreet's biggest name banks.

The quality of financial advice given by advisers in high street banks and building societies has come under fire after a mystery shop by consumer watchdog Which?