HSBC’s new compliance rules require clients to provide more account information

HSBC Holdings is stepping up its compliance procedures this year to meet higher global standards as part of the deferred prosecution agreement with the US Department of Justice following the bank’s US$1.9 billion penalty in 2012 for breaching American...

Santoli: After a smooth 5% climb in the 1st quarter, market showing no signs of imminent failure

After a bridge buckles or a train derails, the investigation almost always concludes that closer inspections would have detected structural weaknesses before the failure, when everything seemed to be just fine. In that spirit, let’s look carefully at a stock...