hsbc

HSBC (HBC) may be considering a bid for Northern Trust (NTRS), a California-based financial services group, The Daily Mail said. Northern Trust has more than $643 billion of assets under management and counts more than 20% of the wealthiest families in the U.S. among its clients. Sponsored...

The state's House Democratic delegation has asked the Justice Department, the Fed and Controller of the Currency to investigate the widespread -- and growing -- problem of faulty bank documents in foreclosure cases. One agency is taking action.

British banks may require further taxpayer funds, with borrowing needs potentially hitting £25 billion pounds ($39.5 billion) a month, according to a think-tank. The independent New Economics Foundation said that central bank data indicated the banks are facing major funding problems,...

HSBC CEO Michael Geoghegan has threatened to quit if not made chairman. Will the board call the hot-tempered CEO on his bluff?

If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com. Q. Back in May, three fraudulent charges showed on our HSBC card. They were from Walmart.com. My husband immediately contacted HSBC as well as Walmart.com and subsequently, two of the charges have...

Stephen Green, the chairman of British bank HSBC (HBC), will step down to become the United Kingdom's new Trade Minister, BBC News reported. The appointment will be announced later today, BBC News said without naming its sources. There has recently been speculation that HSBC could move its...

HSBC Holdings (HBC) sold its last U.S. auto finance units to Spain's Santander (SA) for about $3.56 billion. Santander Consumer USA is also assuming $431 million in debt, The Associated Press reported. The Spanish bank is acquiring a loan book valued at $4.3 billion. In March, Santander...

British bank HSBC (HBC) is in talks to buy a controlling stake in Nedbank, South Africa's fourth-largest bank. HSBC is in talks with insurer Old Mutual, which currently owns the stake, BBC News reported. HSBC is aiming to acquire as much as 70% of Nedbank in a deal worth as much as 49.9 billion...

Here's news from the business world and other money matters to watch out for Monday (last updated 7:56 a.m. ET): Greenspan: Recovery 'On Pause': Former Federal Reserve Chairman Alan Greenspan said over the weekend that the U.S. economy is taking a breather of sorts. "We're in a pause in a...

The Federal Defense of Marriage Act (DOMA) bars federal recognition of same sex marriages, which means that legally married gay couples cannot get the same federal benefits as heterosexual married couples including social security benefits. At the time of the lawsuit, over 1000 federal benefits were tied to marital status.