HSBC chairman Douglas Flint has called time on the eurozone sovereign debt crisis and said it is set to be over in a "reasonably short timeframe".
As Brazil overtakes the UK as the world's sixth largest economy, Maria Merricks looks at the key drivers behind its investment potential.
Economists have warned the Independent Commission on Banking (ICB)'s plans to ringfence UK banks' retail and investment divisions could threaten economic growth.
With equity markets around the world diving in the latter half of the year amid the turmoil in Europe and global growth fears, a number of funds were hit particularly hard.
HSBC has announced it will take responsibility for all customers mis-sold investment products by NHFA, a care fees advice business it acquired in 2005.
As the eurozone crisis reaches a crescendo, the Bank of England has revealed just how much exposure UK banks have to the region's most troubled economies.
The FSA has fined HSBC £10.5m for inappropriate investment advice provided by one of its subsidiaries, NHFA Limited (NHFA), to elderly customers.
Standard & Poor's has downgraded a raft of US and UK banks including HSBC, Barclays, and Goldman Sachs following an overhaul of its ratings criteria.