Business
HSBC said Wednesday it achieved “record profit” in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further...
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Business
Capital One's proposed merger with the US credit card specialist Discover has reshuffled the deck in a fast-growing sector in the U.S.
Business
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America’s...
Business
The wealth division, itself, is diverse. It includes investment management, private banking, trust and estate administration, personal investing, financial planning, specialty asset management, retirement...
Business
British bank NatWest on Friday said net profit jumped nearly a third in 2023 on higher interest rates, adding that Paul Thwaite would become...
World
A pair of large investment companies with nearly $7 trillion in assets, said Thursday they exited a climate change investor initiative that aims to...
Business
Presenting its fourth-quarter and full-year earnings, the bank reported a net loss of $279 million in the final three months of 2023.
Business
Swiss banking giant UBS will on Tuesday report its first full-year results since swallowing rival Credit Suisse, with investors keen for details on a...
Business
Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits. French...
Business
Germany’s biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit...