The Los Angeles Post
U.S. World Business Lifestyle
Today: April 09, 2025
Today: April 09, 2025
Sinead Cruise

Sinead Cruise

Staff Writer

Latest From Sinead Cruise

Business|Economy|Europe|Finance

US banks are 'dominant' in European derivatives, EBA says

Non-EU banks have carved out "dominant" roles in some of Europe's key financial markets, including derivatives where U.S. banks prevail, the

US banks are 'dominant' in European derivatives, EBA says
Business|Europe|Finance

Is Britain on the cusp of another multibillion-pound consumer finance scandal?

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain's financial industry billions of pounds in

Is Britain on the cusp of another multibillion-pound consumer finance scandal?
Business|Europe|Finance|Technology

NatWest seals milestone UK banking collaboration with OpenAI

NatWest and OpenAI have joined forces to enhance the lender's digital assistants and customer support processes using artificial intelligence, in the first

NatWest seals milestone UK banking collaboration with OpenAI
Business|Economy|Europe|Finance|Political

London gains ground on New York in Z/Yen global financial hub survey

London is gaining ground on New York in a closely-watched index of the world's leading financial centres, in a first sign that efforts by policymakers to reboot

London gains ground on New York in Z/Yen global financial hub survey
Business|Economy|Europe|Finance

ECB fixes outage in multi-trillion-euro payment system

The European Central Bank said late on Thursday it had fixed an unprecedented outage in its payment system which had

ECB fixes outage in multi-trillion-euro payment system
Business|Europe|Finance|Stock Markets

LSEG sets higher 2025 profitability goals as Microsoft partnership ramps up

London Stock Exchange Group set new goals for improved profitability in 2025 on Thursday, citing a strong pipeline of enhancements to its

LSEG sets higher 2025 profitability goals as Microsoft partnership ramps up
Asia|Business|Economy|Political|US

Trump's $5 million 'gold card' visa unlikely to attract wealthy investors, advisers say

U.S.

Trump's $5 million 'gold card' visa unlikely to attract wealthy investors, advisers say
Asia|Business|Economy|Europe|Finance|Stock Markets

HSBC investors back CEO's investment banking retrenchment

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S.

HSBC investors back CEO's investment banking retrenchment
Business|Economy|Europe|Finance|Stock Markets

Barclays ups performance targets as investors cash in on share price surge

Barclays raised its 2025 performance targets on Thursday after reporting a better than expected 24% rise in annual pretax profit driven by

Barclays ups performance targets as investors cash in on share price surge
Asia|Business|Economy|Europe|Finance

HSBC's global brand in the balance as it doubles down on Asia bet

HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders and senior Chinese

HSBC's global brand in the balance as it doubles down on Asia bet
Americas|Business|Economy|Europe|Finance

HSBC plans biggest investment banking retrenchment in decades

HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday, accelerating a shift to Asia in its biggest

Business|Europe|Finance|Technology

HSBC's payments app closure puts around 400 jobs at risk, source says

HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges

HSBC's payments app closure puts around 400 jobs at risk, source says
Business|Economy|Environment|Finance|Political

Climate shift to help boost StanChart income by almost $1 billion, CEO says

Standard Chartered is set to book almost $1 billion in income in 2025 from business geared towards helping clients meet

Climate shift to help boost StanChart income by almost $1 billion, CEO says
Business|Economy|Europe|Finance|Political|US

Banks running Trump 'war rooms' as bosses prepare for trade ructions

JPMorgan Chase & Co bankers worked through the night in a "war room" to assess the impact of U.S.

Banks running Trump 'war rooms' as bosses prepare for trade ructions
Africa|Business|Economy|Europe|Finance|MidEast

Analysis-Fall of the zombies? Why corporate failures could surge in 2024

Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half of 2024, a challenge that

Analysis-Fall of the zombies? Why corporate failures could surge in 2024
Business|Finance|Technology

Analysis-WhatsApp clampdown highlights video call compliance threat for finance firms

With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern

Analysis-WhatsApp clampdown highlights video call compliance threat for finance firms
Business|Economy|Finance

Analysis-WeWork's troubles darken outlook for embattled office market

The troubles faced by co-working titan WeWork are darkening the outlook for the world's largest business hubs, where rising office vacancies are already heaping

Analysis-WeWork's troubles darken outlook for embattled office market
Business|Finance|News|World

Western investors spooked as Moscow mulls compulsory share purchase plan

Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which

Western investors spooked as Moscow mulls compulsory share purchase plan
Business|Finance

Exclusive-Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source

Barclays is working on plans to save as much as 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in

Exclusive-Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source
Business|Finance|News|Stock Markets|Technology

Robinhood opens in Britain with low-cost US trading to woo clients

Trading app operator Robinhood Markets Inc. said on Thursday it would roll out brokerage services in Britain, as part of an international expansion plan aimed to "

Robinhood opens in Britain with low-cost US trading to woo clients
Business|Economy|Finance

Analysis-Job cuts, lean bonuses loom over Europe's bankers in 2024

A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of

Analysis-Job cuts, lean bonuses loom over Europe's bankers in 2024
Business|Europe|Finance|Stock Markets

Europe's stock exchanges face calls to reform fees to challenge Wall St

Top stock exchange operators in Europe are under pressure from some investors and brokers to trim and simplify their fees to build a

Europe's stock exchanges face calls to reform fees to challenge Wall St
Business|Economy|Finance|Stock Markets

Analysis-Wall Street explores novel ways to repackage bank loan risk

A financial product that enables banks to shed risk from loan portfolios is gaining more popularity among lenders in the United

Analysis-Wall Street explores novel ways to repackage bank loan risk
Business|Finance|Technology

HSBC partners with Google to hit $1 billion climate tech finance goal

Britain's biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world's most promising

HSBC partners with Google to hit $1 billion climate tech finance goal
Business|Environment|Finance

Barclays to adopt fresh curbs on oil and gas financing

Barclays, Britain's biggest lender to the oil and gas industry, told Reuters it will stop direct financing of new oil and gas fields and restrict

Barclays to adopt fresh curbs on oil and gas financing

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