If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

HSBC is planning to axe parts of its investment banking business in the UK. In a huge shake-up, the banking giant is preparing to wind up its mergers and acquisitions (M&A) and equity capital ...

LONDON, Jan 29 (Reuters) - HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders and senior Chinese officials that he spoke ...

With his latest move, Mr Elhedery is taking the axe to a part of his business that has long faced scrutiny from investors because of its struggle to gain market share over the years. While HSBC is ...

Thank you for signing up! Did you know with a Digital Subscription to The Star, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads ...

HSBC has unveiled plans to slash chunks of its investment bank across Europe and America, as bosses seek to focus increasingly on China. Europe’s biggest bank has told staff it plans to axe ...

As part of our ongoing efforts to simplify HSBC and increase leadership in our areas of strength, we are finalising a review of our investment banking business. HSBC spokesman The lender said it ...

“As part of our ongoing efforts to simplify HSBC and increase leadership in our areas of strength, we are finalising a review of our Investment Banking business,” the spokesperson adde ...

HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ...

LONDON (Reuters) -HSBC plans to wind down its M&A and some ... mostly thanks to the revenues from its debt financing business, the data show. It's unclear how many roles will be cut as a result ...