Staff Writer
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
Standard Chartered is set to book almost $1 billion in income in 2025 from business geared towards helping clients meet
JPMorgan Chase & Co bankers worked through the night in a "war room" to assess the impact of U.S.
Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing scramble in the first half of 2024, a challenge that
With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern
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
Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which
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
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 "
A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the City of
Top stock exchange operators in Europe are under pressure from some investors and brokers to trim and simplify their fees to build a
A financial product that enables banks to shed risk from loan portfolios is gaining more popularity among lenders in the United
Britain's biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world's most promising
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
Climbing costs at HSBC have added to growing investor concerns about how big banks manage their expenses, putting executives under pressure to
The looming introduction of a shorter settlement cycle for U.S. securities is causing headaches for international fund managers, who
Baltimore's Francis Scott Key Bridge collapse could cost insurers several billions of dollars in claims, sources say, but it is too
Global financial companies are falling behind on the monitoring and archiving of all business-related communications using personal messaging apps, a survey
Anglo American's London-listed shares spiked in late UK trade on Wednesday, hours before the miner announced a $39 billion bid by
Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to
Investors are racing back into European bank stocks after a surprisingly upbeat earnings season, pushing their shares to multi-
Participants in the United States' multitrillion-dollar securities markets face an early test of their ability to cope with regulatory
Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, leasing a new regional headquarters in
Asia shares are mixed after a US tech selloff as a Chinese rival joins the global AI frenzy
Trump says Microsoft is one of the companies eyeing TikTok
Oil prices hold near two-week low as weak China data adds to demand concerns
Tech stock selloff deepens as DeepSeek triggers AI rethink
Thompson hits game-winning shot and scores 33 points as Rockets rally past Celtics 114-112
Lady Vols coach Kim Caldwell returns 1 week after giving birth to son
Anthony Davis scores 42 points, grabs 23 rebounds as Lakers top Hornets 112-107 for 4th straight win
