The HSBC logo perched at the top of 8 Canada Square has stared down on Canary Wharf for more than a quarter of a century. But ...
The October 7 attacks spearheaded by Hamas, and subsequent military action by Israel in Gaza, plunged the Israeli economy into a major contraction during the last quarter of 2023. The country’s GDP ...
“Business opportunity in the second part of the decade will be driven by solid investment in infrastructure and by the maturity of certain new clean technologies, which will make them profitable,” ...
Ensuring there are new entrants in the banking sector was among the first priorities listed by Travis Hill, the newly ...
In line with UK and Swiss markets — also confirmed in January — the European Commission said last week that the EU will transition to T+1 in October 2027, a move which now awaits approval from the ...
Trump repeatedly signalled his intention to make the US a crypto haven during his election campaign last year, to the ...
The bank in April 2022 began raising its key interest rate from a low of 0.1 per cent to a peak of 4.75 per cent in May 2023.
HSBC reported a pre-tax profit of $32.3bn for 2024 which exceeded analyst forecasts, and announced a new $2bn share buyback. For the final three months of 2024, pre-tax profit came in at $2.3bn, up $1 ...
President Trump’s move for greater control of federal banking regulators will be disruptive for lenders, say experts, with decreased capacity and politically motivated rulemaking quickly outweighing ...
Standard Chartered announced a $1.5bn share buyback on Friday after reporting an 18 per cent rise in annual profit, driven by record growth in its wealth business and strong performance in its markets ...
By a number of metrics, Bahrain is both the most competitive and challenging banking environment in the Gulf Cooperation Council. Having long ceded its status as the region’s financial centre to Dubai ...
Dennis Kelleher, chief executive of non-profit Better Markets, agreed strangling the CFPB of cash is an error. “ [The agency has] forced financial firms to return almost $20bn to 200mn ripped-off ...