LONDON: HSBC’s shock ousting of John Flint as chief executive was seen by some investors and bank insiders Monday as a risky gambit by Chairman Mark Tucker...
LONDON: As lawmakers gather in Britain's Parliament Tuesday to vote on the future of the country's relationship with Europe, traders in London's...
LONDON: Legal and investigative delays at the U.S. Department of Justice are thwarting efforts by three of Britain’s biggest banks to rehabilitate themselves...
LONDON: Four former top Barclays executives appeared in court in London Monday to face charges that they conspired to commit fraud during the bank’s 12...
LONDON: Britain’s banks are not reporting the full extent of cyberattacks to regulators for fear of punishment or bad publicity, bank executives and providers...
LONDON: Lloyds Banking Group said Thursday it would step up its cost cutting plans to help to offset a more testing economic environment caused by Britain’s...
FRANKFURT/ LONDON: The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic...
LONDON: Britain’s largest banks are disproportionately closing branches in the lowest-income areas while expanding in wealthier ones, taking bricks-and-mortar...
HONG KONG: Asian lenders are seeing their loan books rapidly deteriorate across the region as China’s slowing economy dampens trade and hurts companies that...
HONG KONG/LONDON: HSBC pledged a new era of higher dividends Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a...
LONDON / HONG KONG: HSBC Holdings Plc could announce thousands of job cuts at a strategy day next week, Sky News reported Monday, part of chief executive...
HONG KONG/FRANKFURT: Allianz SE could be exposed to claims of at least $100 million linked to the AirAsia jet missing off the Indonesian coast with 162 people...
HONG KONG/LONDON: Standard Chartered faced a protest from over 20 percent of shareholders over its board structure on Wednesday and warned it could miss this...
HONG KONG: Luo Juncheng, a delivery man and school dropout from China’s Guangdong province, was 19 years old when he opened an account at Bank of China...
HONG KONG/LONDON: The market value of Standard Chartered Plc tumbled as much as $17 billion Tuesday after New York’s bank regulator threatened to tear...