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China's manufacturing activity hits 12-month low

Last Updated: Thursday, April 23, 2015, 09:26

An index of China`s manufacturing activity fell to a 12-month low in April, HSBC said Thursday, indicating further weakness as growth sputters in the world`s second-largest economy.

Britain's bank tax jump threatens to push HSBC, StanChart to new home

Last Updated: Monday, April 20, 2015, 10:03

"There is a very clear risk that HSBC and StanChart reach a pain threshold where they think it is no longer worth staying in the UK," said Richard Buxton, head of equities at Old Mutual Global Investors, which owns HSBC shares and who said the bank was reflecting on a move.