HSBC has revealed it faces a hefty fine estimated at $1bn by analysts from US regulators for failing to have the right anti money laundering controls in place from 2004 until 2010.
Hannah Brenton investigates whether shareholders’ newfound voice will peter out or flourish under defined contribution.
Last week, Barclays was fined £290m for trying to manipulate LIBOR in a bid to make itself appear more secure during the financial crisis.
Royal Bank of Scotland, Barclays and HSBC were among the list of the world's biggest banks to be downgraded by Credit rating agency Moody's last night.
HSBC has weathered this year's shareholder backlash against executive pay, with a lower vote against its remuneration package than last year.
HSBC will come under fire from shareholders at its AGM today in the latest rebellion against executive pay.
Andrew Short investigates the reluctance of UK schemes to share other nations' enthusiasm for exchange-traded funds.
Andrew Short looks at why dividends could be making a comeback
Listen to our latest Pensions Conjecture debate on Defined Contribution.
Rob Pearce of HSBC explores a form of socially reponsible investing based in Shariah