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Tag: hsbc
HSBC orders review of its lending to rainforest logging companies
2013-05-25 00:13:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: Following allegations that it has been financing land-grabbing of indigenous territories and destruction of rainforests in Malaysian Borneo, HSBC said it will conduct an audit of its relationships with logging companies to see whether its lending has violated the bank's environmental policy. In a statement issued Thursday, HSBC said it will engage environmental auditor Proforest to evaluate its forest policy and commission PricewaterhouseCoopers to conduct a compliance review of the bank's implementation...
Tags: review
companies
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logging
ThyssenKrupp AG Upgraded by HSBC to "Overweight"
2013-05-24 10:58:24| Steel - Topix.net
The firm currently has a 19.20 price target on the stock. Other equities research analysts have also recently issued reports about the stock.
Tags: to
upgraded
hsbc
overweight
AB Volvo Stock Rating Upgraded by HSBC
2013-05-24 06:28:18| Automakers - Topix.net
Shares of AB Volvo traded down 2.17% during mid-day trading on Wednesday, hitting $14.44. AB Volvo has a 52 week low of $10.38 and a 52 week high of $15.82. The stock's 50-day moving average is currently $14.54. The company has a market cap of $29.284 billion and a P/E ratio of 29.82. AB Volvo is a Sweden-based supplier of commercial transport ... (more)
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stock
volvo
upgraded
HSBC may cut up to 14,000 more jobs
2013-05-15 10:54:28| BBC News | Business | UK Edition
HSBC says it may cut an additional 14,000 jobs globally as part of its three-year restructuring plan to reduce costs.
Bankwatch: Bill Oddie evicted from HSBC headquarters after protest
2013-05-14 01:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Bill Oddie, the naturalist and BBC television presenter, has made a provocative protest film intended to embarrass the global bank HSBC over its links to logging companies blamed for the destruction of the rainforest in Malaysia. The presenter of programmes including Springwatch and Wild in Your Garden was evicted from HSBCs London headquarters while making a film about the banks ties to loggers in the state of Sarawak in Borneo , where less than 5% of the rainforests are unaffected by deforestation...
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headquarters
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hsbc
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