LONDON Barclays on Friday reported stronger than expected third-quarter results thanks to a return to profit for the bank's consumer businesses and Chief Executive Jes Staley said he aimed to stay on for two more years. | Video
LONDON Negative interest rates would punch a big hole in UK banks' profits without necessarily delivering the intended lifeline to Britain's frail economy, senior bankers have warned.
LONDON HSBC has launched a restructuring of its commercial banking business in Britain, a source familiar with the matter told Reuters on Wednesday, resulting in around 300 job losses.
NEW YORK/LONDON Wall Street banks are on track for a record year of revenue from trading U.S. government-backed mortgage debt, industry sources told Reuters, amid a surge in demand - from the Federal Reserve in its battle against the pandemic, and from investors hunting yield.
LONDON HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion (772 billion pounds) in financing to help clients make the transition, Chief Executive Noel Quinn told Reuters. | Video
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