HONG KONG/LONDON HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.
HONG KONG/LONDON, Jan 17 HSBC is
cutting around 100 roles in its equities business with the bulk
of the layoffs falling on its continental European trading
floors, sources familiar with the matter told Reuters.
LONDON/BOSTON BlackRock Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world's top asset manager as it faces mounting concerns about its fossil fuel investments. | Video
LONDON Many banks in Britain are unlikely to hit an October deadline to stop writing loans tied to the discredited Libor benchmark as they grapple with upgrading to crucial new software that allows them to use replacement reference rates, industry sources said.
LONDON, Jan 10 The bonds of travel money
provider Travelex fell to an eight-month low on Friday after a
ratings agency warned about the potential financial hit from a
cyber attack last week that crippled its systems.
LONDON A group of Barclays shareholders coordinated by responsible investment lobby group ShareAction want the bank to phase out financing fossil fuels, stepping up pressure on one of Europe's biggest funders of the sector.
LONDON It's the time of year when London's banker and traders wind down and prepare for holidays. Instead, many are cancelling leave and will work all night on Thursday as Britain votes in an unpredictable election that could convulse global markets.
LONDON Lloyds Banking Group has been heavily criticized for mishandling a compensation scheme for victims of one of Britain's biggest banking scandals in a report published on Tuesday.