Finance
HSBC bonus pool flat in 2024 amid cost-cut drive; headcount falls 3%
By Scott Murdoch and Selena Li SYDNEY/HONG KONG (Reuters) - HSBC's headcount fell 3% last year and i...
19th February, 2025
Investment Banking
Finance
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
By Selena Li and Sumeet Chatterjee HONG KONG (Reuters) -HSBC posted annual profit on Wednesday that...
19th February, 2025
Finance
HSBC to sell Bahrain retail banking operations as restructuring progresses
(Reuters) - HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid...
18th February, 2025
Finance
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
By Selena Li and Scott Murdoch HONG KONG/SYDNEY (Reuters) -HSBC has laid off around 40 investment ba...
18th February, 2025
Headlines
Trump's tariffs to have limited impact on oil, gas prices, Goldman Sachs says
(Reuters) - The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, a...
3rd February, 2025
Finance
Fitch says MPS bid for Mediobanca carries risks, but too early to assess
MILAN (Reuters) - Monte dei Paschi di Siena's acquisition of bigger rival Mediobanca would be challe...
31st January, 2025
Finance
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Thursday posted a bigger-th...
30th January, 2025
Finance
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Thursday posted a bigger-th...
30th January, 2025
Finance
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Thursday posted a bigger-th...
30th January, 2025
Finance
Telefonica hires JPMorgan to sell Argentina business, Expansion reports
MADRID (Reuters) - Spanish telecoms company Telefonica has hired investment bank JPMorgan to evaluat...
29th January, 2025
Finance
European banks may find it tough to repeat strong end-of-year performance
By Tommy Reggiori Wilkes and Jesús Aguado LONDON/MADRID (Reuters) - European banks are expected to r...
28th January, 2025
Finance
Mediobanca rejects Monte dei Paschi bid as lacking rationale
By Gianluca Semeraro MILAN (Reuters) - Shares in Monte dei Paschi fell further on Tuesday as the boa...
28th January, 2025