Daily on Energy: Permitting news, NYC congestion pricing axed, and HSBC retrenches on emissions
Good afternoon and happy Wednesday, readers! Senate Democrats indicated today that they are likely to withhold support for ...
HSBC expects $2.4b revamp cost over next two years
HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
Europe's largest lender HSBC on Wednesday announced a share buyback of up to $2 billion as its annual pre-tax profit rose 6.5 ...
Explained: Why banks are flying gold worth billions from London to New York amid Trump tariff fears
Gold prices are rising globally, but fears of U.S. tariffs on European imports have driven a price spike in New York.
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 expects restructuring to cost $1.8B over two years
HSBC (HSBC), the Hong Kong- and U.K.-focused bank, expects to pay $1.8B over two years in severance and other up-front costs ...
Irish Examiner on MSN1d
HSBC plans job cuts worldwide as part of plans to cut costs by $1.5bn
Europe's largest bank HSBC has revealed it is kicking off a round of jobs cuts worldwide as it seeks to slash costs by $1.5bn ...
Banks like JPMorgan and HSBC are flying gold worth billions from London to New York. Here's why
The stampede to get gold to the US comes at a time when President Donald Trump has said that Europe’s trade stance was an ...
The Business Journals29d
HSBC is thinking globally, but acting locally, to build 'Innovation Banking' from the Bay Area
CEO of HSBC Bank plc, said on a visit to San Francisco shortly before being promoted from New York to his current role at the bank’s London headquarters. “San Francisco and the Bay Area ...
Forbes17d
HSBC Checking Account Bonus And Promotions Of 2025
Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...
Why are U.S. banks flying gold from London to New York?
JPMorgan and HSBC – who have access to huge gold supplies in London – often lend out bullion to borrowers who need to use it ...