Tag "HSBC"
Finance
International
HSBC scandals may lead to greater banking regulation
HSBC, a British multinational banking and financial services company and the world’s second largest bank, has come under scrutiny by American and European governments for a range of scandals, ranging
Finance
International
Managing differences between diversifiable and systemic risk
A hierarchical risk management system is not the best way to go. It is costly and the benefits are insufficient. Diversification suggests a different approach. In a letter to JPMorgan
Europe
Finance
Islamic finance expands with British sukuk
The British government recently issued its first sukuk, a financial certificate compliant with Islamic law. As Islamic finance becomes more mainstream, other European governments could follow suit. This summer, the British