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An ex-employee of HSBC stole the details of 24,000 clients from a branch in Switzerland, in a hugely embarrassing theft of data for which the bank apologised unreservedly on Thursday….

A former HSBC employee stole the personal details of about 24,000 clients of its private bank in Switzerland in a major security breach three years ago, the FT reported. Initially…

HSBC, Europe’s biggest bank, said a theft of data by a former employee
affected up to 24,000 Swiss client accounts, dealing a hefty blow to the
reputation of its private bank.

If there is one thing UK banks agree on at the moment it is this: impairment charges have peaked. Barclays, Lloyds Banking Group, HSBC and RBS all said as much in their respective results statements….

HSBC shouted from the rooftops when Michael Geoghegan, chief executive,
decided to donate his bonus to charity.

HSBC will pay Michael Geoghegan, chief executive, an extra £800,000 a year in “allowances”
and “benefits in kind” for moving family from London.

Banks backing the Prudential’s $35.5bn bid for AIG’s Asian arm are expected to say on Thursday that they have spread the risk of underwriting the UK insurer’s massive rights issue among 30 banks….

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HSBC was heading for another clash with key shareholders after it said on Monday it would pursue substantial pay rises for top executives that have been blocked by investors. As…