HSBC can still grow its global revenues even as central banks look to dial down interest rate rises in their battle against inflation, the bank’s chief financial officer Georges Elhedery told a conference on Tuesday.
Bank of England plans that would raise capital requirements for banks in Britain would be “very bad” for the economy, the finance director of NatWest said on Tuesday, as lenders globally push back against regulators setting tougher rules.
UBS’s chief executive said on Tuesday that the momentum is pretty positive at the Swiss bank, which manages $5.5 trillion in assets since merging with former rival Credit Suisse earlier this year.
Societe Generale’s much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy.
Hargreaves Lansdown is betting on savers to fuel growth despite subdued investment and trading activity in the current financial year, the British investment platform said on Tuesday, after posting estimate-beating annual profit.
Most leading euro zone banks have met a January 2024 target for issuing special debt to replenish capital in a crisis, but some need to do more to ensure they can, if necessary, be wound up quickly, a European Union regulator said on Wednesday.
The next 18 months is an ideal time for unlisted asset deals, said the head of one of Australia’s largest pension funds, as meaty returns for once-low yielding investments like bonds or cash force private dealmakers to offer buyers better terms.
Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two new global businesses to help it improve performance and add customers, it said on Monday.
Russian private lender Sovcombank has filed a lawsuit with a Russian court against British bank HSBC , seeking to recover debt in roubles equivalent to 12,958 ounces of gold, court filings showed.
A top German banker went on trial on Monday accused of playing a role in a multibillion-euro German tax fraud scheme that has ensnared scores of domestic and global banks and hundreds of individuals.
