The London-headquartered bank earlier announced the exit of CEO John Flint but gave no reason for the decision. It revealed it would axe two percent of its global workforce, or roughly 4,000 mostly management jobs.
Director of the Palestine Solidarity Campaign, Ben Jamal, says London-based HSBC has divested from Israeli drone manufacturer Elbit Systems after collective pressure that included 24,000 emails from people highlighting their concerns.
Ever since the US imposed sanctions on Iran, several individuals and institutions have violated them, but rarely has Washington taken as aggressive a stance as it has against Turkey.
Some big banks in the UK processed over 1,900 transactions involving laundered money worth $740 million, according to The Guardian newspaper.
Faced with falling oil prices, Saudi Arabia has come out with a radical plan to tackle its ailing economy. But for the conservative Kingdom, livelihoods, communities and the very nature of society are at stake.
Labour party revolts with resignations from shadow cabinet members; French far-right MP Le Penn calls for 'Frexit' as Scotland mulls ways to remain in EU.
Argentina seeks to borrow cash on international credit markets after 15 years of economic isolation
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