The heads of the four largest banks in the UK have quietly urged Chancellor of the Exchequer Rachel Reeves to end so-called ...

The bosses of HSBC, Lloyds Banking Group, NatWest Group and Santander UK have told the chancellor the moment has come to ...

China's Ping An Insurance (Group) reported a 26.4% decline in first-quarter net profit on Friday, citing reduced investment ...

HSBC has faced repeated disruptions at past meetings by groups such as Extinction Rebellion and is under pressure to reduce costs. Chief executive Georges Elhedery has targeted $1.5bn in annual ...

Earnings season is now in full swing, with a number of key companies due to report in the coming week, including four of the Magnificent 7 tech giants in focus. Uncertainty over US president Donald ...

UK financial services handed out the industry’s highest bonuses in 2024 after taking advantage of the lifting of pay ...

Jamie Markham, head of credit and capital management, who HSBC hired from JPMorgan in February 2023, is overseeing the ...

Some senior executives, including CEO Georges Elhedery, have expressed doubts about whether the potential revenue will outweigh the associated costs. This cautious approach is also influenced by the ...

HSBC is preparing a foray into the white-hot market for private credit, five sources with knowledge of the plans said, the ...