Sentence examples for hsbc unit from inspiring English sources

HSBC Securities USAA) served as financial adviser to the HSBC unit HSBC Finance.

The plea comes days after federal prosecutors said that an HSBC unit in India potentially helped thousands of Americans to dodge taxes.

REUTERS Korea Development Bank Abandons Talks for HSBC Unit  |  The Korea Development Bank said it failed to reach an agreement with HSBC over a sale of the European bank's South Korean retail banking operations, Reuters reports.

REUTERS HSBC Unit Fined $2.46 Billion in Subprime Case  |  A judge ordered the lender Household International, which is now part of HSBC Holdings, to pay $2.46 billion to investors in a class-action lawsuit stemming from 2002.

Some HSBC units have been recommending various Madoff feeder funds to their clients for years, starting with the Fairfield Sentry fund in 1999.

HSBC's Swiss unit has been in the spotlight since 2008, when Falciani, a former IT employee at HSBC, fled Geneva with files that were leaked to the media and are alleged to show evidence of tax evasion by clients.

An improvement in loan losses in North America was offset by higher loan impairment charges at its Brazilian unit, HSBC said.

The four banks involved are Citigroup's Banamex unit; HSBC; Banco Bilbao Vizcaya Argentaria's Mexican bank known as BBVA-Bancomer; and a Mexican bank, Banorte.

Global Banking and Markets, HSBC's investment banking unit, tripled its pretax profit to $10.5 billion in 2009.

HSBC's private banking unit contributes about 7 percent of the group's overall profit.

HSBC's investment banking unit tripled its pretax profit to $10.5 billion in 2009.