SEOUL/HONG KONG (Reuters) - It's early days, but speculation is already building that HSBC <HSBA.L><0005.HK> may participate in the auction for a $3.9 billion stake in Korea Exchange Bank <004940.KS>, South Korea's sixth-largest lender. Domestic lender Kookmin and fourth-ranked Hana Financial Group <086790.KS> are ...

A Swiss unit of global banking giant HSBC revealed Thursday that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion. Alexandre Zeller, chief executive of HSBC Private Bank (Switzerland), said 9,000 of them had left the bank since the the data theft by ...

Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries. A former IT employee of Swiss subsidiary HSBC Private Bank ...

LONDON/GENEVA (Reuters) - HSBC <HSBA.L>, Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank. Switzerland's financial regulator FINMA was investigating the theft, it said on Thursday, while a source close to the UK ...