LONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations. The result compared with the £1.17 billion net…
Read more Barclays profit jumps 23% in third quarter, beating expectationsAaron P | Bauer-Griffin | GC Images | Getty Images HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of…
Read more HSBC names Pam Kaur as first female CFO amid major restructuringJaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence when it comes to boosting productivity and…
Read more HSBC exec says there’s a lot of AI ‘success theater’ happening in financeA row of traditional houses on a street in London’s Muswell Hill suburb, located to the north of London, with views of the Canary Wharf on the horizon.…
Read more UK lenders slash mortgages as Bank of England rate cut brings relief to homeownersHSBC logo is displayed outside a branch of in the United Kingdom. Matt Cardy | Getty Images HSBC announced on Wednesday that it has appointed Georges Elhedery as…
Read more HSBC appoints Georges Elhedery as group CEO starting Sept. 2LONDON — French stocks moved higher on Monday as markets reacted to a surprise win for the left in the country’s parliamentary election. The CAC 40 erased earlier…
Read more French stocks rise 0.5% after left-wing coalition clinches surprise election winCustomers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg…
Read more HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stakeHSBC CEO Noel Quinn. Lam Yik | Bloomberg | Getty Images HSBC on Tuesday announced the surprise departure of Group Chief Executive Officer Noel Quinn after nearly five…
Read more ‘An intense five years’: Read HSBC CEO Noel Quinn’s surprise resignation statementThe Hong Kong observation wheel and the HSBC building in Victoria Harbour in Hong Kong. Ucg | Universal Images Group | Getty Images HSBC is “very positive” about…
Read more HSBC is ‘very positive’ about the future of China’s economy, CFO saysTraders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend…
Read more Shareholder payouts hit a record $1.7 trillion last year as bank profits surgedCustomers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg…
Read more HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%The HSBC Holdings Plc headquarters building in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images LONDON — Markets have entered a “new paradigm” as the global…
Read more 'Bonds are back' as markets enter a 'new paradigm,' says HSBC Asset ManagementBARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo…
Read more Mastercard says wide adoption of central bank digital currencies is ‘difficult’HSBC is the largest bank in Europe by total assets. Nicolas Economou | Nurphoto | Getty Images HSBC on Wednesday announced it will offer custody services for tokenized…
Read more HSBC to launch storage services for tokenized securities as more big banks warm to blockchainUp from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+ | Getty Images This report…
Read more CNBC Daily Open: Are things about to get more difficult?Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC’s profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to…
Read more HSBC’s after-tax profit surges over 235% year-on-year, announces $3 billion share buybackThe U.K.’s embattled Metro Bank has launched talks to sell a third of its mortgage book in an urgent attempt to shore up its balance sheet. Matthew Horwood…
Read more UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg |…
Read more Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should actPumpjack near school buses, Arvin, Kern County, California, USA. Citizens Of The Planet | Universal Images Group | Getty Images This report is from today’s CNBC Daily Open,…
Read more CNBC Daily Open: Oil joined the July stocks rally© 2023 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News,…
Read more ‘We want to explore regionally’ if MOU with HSBC is successful: WeLab CEO
