Why are banks flying out gold from London to New York?
The US bank JPMorgan and the UK’s HSBC are reportedly shifting gold bars from London to New York. About 8,000 gold bars are ...
HSBC investors back CEO's investment banking retrenchment
Once a sprawling bank spanning more than 100 countries, HSBC has spent the last decade slowly shrinking its global footprint ...
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...
US Banks Are Flying Gold Worth Billions Of Dollars From London To New York. Here's Why
The gold rush is largely driven by Trump's tariff threats, which have caused gold prices in London to drop by around $20 ...
Investors back HSBC retrenchment plans
LONDON: Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as US President ...
Is the UK’s fraud compensation scheme already broken?
New protections are meant to help victims of push payment scams, but experts say the system itself is in urgent need of ...
Why dealers are flying gold bars by plane from London to New York
Tariff fears have roiled gold markets, pushing JPMorgan and others to stash bullion on passenger planes to sell at record ...
Cyprus Mail on MSN1d
HSBC shareholders support restructuring, aiming for higher returns
Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President ...
Arise1d
HSBC Investors Back Investment Bank Cuts Amid Shifting Market Priorities
HSBC investors have backed CEO George Elhedery’s investment bank cuts as focus shifts to Asia amid geopolitical and market pressures.
U.K. Fintech In Need Of More Support, Says Industry Body
Britain's financial technology sector used to attract more investment than the rest of Europe combined but other hubs are catching up. Does the sector need more support?
The Straits Times4d
HSBC plans new round of investment bank job cuts next week, starting in Asia: Sources
LONDON - HSBC Holdings is kicking off a fresh round ... division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas.