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Showing 1 - 10 of 21 results for "BC Group"

Feature: Private credit | The fine print

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
... was on concerns of restructuring the Metrics Credit Trust (MCT), which involved an asset swap of MCT's interest in BC Group and Taurus in return for an interest in Metrics Credit Holdings. Zenith Investment Partners, however, did not budge by keeping ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
HSBC has leapt to the rescue and purchased the embattled Silicon Valley Bank's (SVB) UK arm for a total sum of £1. The banking giant yesterday announced its UK ring-fenced subsidiary, HSBC UK Bank, would make the purchase, which excluded the assets ...

HSBC chief abruptly resigns

KARREN VERGARA  |  TUESDAY, 6 AUG 2019
The global chief executive of HSBC has stepped down after mutually agreeing with the board that change was necessary for the bank to move forward in an increasingly challenging environment. John Flint exited HSBC Holdings plc on August 5 as its group ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
HSBC Australia is shuttering its retail financial advice division. The closure follows a strategic review and HSBC Australia did not disclose how many staff members are affected. A HSBC spokesperson said: "We have ceased offering retail financial planning ...

Global institutions join sustainable investment group

DARREN SNYDER  |  THURSDAY, 7 APR 2016
A consortium of global financial institutions and investors has announced a new partnership under the Catalytic Finance Initiative (CFI) to direct $8bn towards "high-impact sustainable investments." The group of seven has pledged capital and expertise ...

Australia a priority for HSBC despite job cuts

LAURA MILLAN  |  WEDNESDAY, 10 JUN 2015
HSBC said Australia is a priority market, but has not confirmed if the decision to cut 25,000 jobs globally will affect the business down under. The group confirmed that it wants to reduce its risk weighted assets by 25%. To achieve that, it will sell ...

New Australian CEO for HSBC

BEN COLLINS  |  WEDNESDAY, 7 NOV 2012
Tony Cripps, current chief executive officer of HSBC in the Philippines, will replace Paulo Maia as the bank's chief executive officer in Australia. Cripps will take the reins from 24 December this year, with Maia departing for the role of president ...

HSBC invests $100m in water

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
HSBC Group has announced a five-year global investment of $100 million in water following findings that by 2050 the GDP of the top 10 river basins will exceed that of the USA, Japan and Germany combined. A new report commissioned by HSBC from Frontier ...

HSBC appoints investment sales manager

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
HSBC Bank Australia has appointed former Macquarie manager Shaun Thomas as investment sales manager within its global investments business. Thomas will be responsible for distributing managed funds and structured products to the adviser market in Australia. ...

HSBC takes over local distribution

MICHAEL HOBBS  |  TUESDAY, 3 NOV 2009
HSBC has dropped its local funds distribution arrangement for its Asia and China investment strategies with Challenger this week in favour of distributing the funds itself. Charles Genocchio, head of global investments at HSBC in Australia, said Challenger ...
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