HSBC Swiss unit culls wealthy Middle Eastern clients amid regulator scrutiny
Watchdog previously barred bank from taking on high-risk customers over lax anti-money laundering checks
Watchdog previously barred bank from taking on high-risk customers over lax anti-money laundering checks

Swiss bank tells advisers to stop pitching foreign exchange derivatives to many clients after losses

‘International Manager’ programme closed to new recruits as CEO Georges Elhedery reshapes Europe’s largest lender

Stricter post-Credit Suisse oversight sets nation on different path to US in particular

First-quarter income dips to $9.4bn, missing analyst expectations

Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market

Volatile markets boost Swiss bank’s markets division but dealmaking remains soft