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HSBC says April activity muted after first-quarter profit drop
LONDON (Reuters) - HSBC's first-quarter pretax profit fell 20 percent from a year ago to just under $7 billion, as revenue dropped in Brazil and at its investment bank, while...
Barclays dealmaker McGee quits as U.S. head
LONDON (Reuters) - Hugh 'Skip' McGee, one of the British bank Barclays' highest earners, has quit as head of its Americas business, the bank saying he did not want to...
Barclays’ boss treads fine line in investment bank review
LONDON (Reuters) - Barclays' Chief Executive Antony Jenkins is facing a high-wire act to overhaul the firm's investment bank without undermining a division that contributes about half of group profits....
Barclays settles Libor ‘test case’ before UK trial
LONDON (Reuters) - Barclays has reached a settlement with a UK care home operator weeks before the start of a court case that was seen as a test case for...
StanChart pays 118 staff $1.4 million or more, top earner Rees lands $9.5 million
LONDON (Reuters) - Asia-focused bank Standard Chartered Plc paid 118 of its bankers at least 1 million euros ($1.4 million) last year, topped by a $9.5 million payout to Mike...
StanChart pays 118 staff $1.4 million or more, top earner Rees lands $9.5 million
LONDON (Reuters) - Asia-focused bank Standard Chartered Plc paid 118 of its bankers at least 1 million euros ($1.4 million) last year, topped by a $9.5 million payout to Mike...
Fed stress test upset weighs on sale of RBS unit in U.S.
LONDON (Reuters) - Royal Bank of Scotland's separation and flotation of its U.S. business Citizens could be delayed after it was one of three foreign banks which had their plans...
Fed stress test upset weighs on sale of RBS unit in U.S.
LONDON (Reuters) - Royal Bank of Scotland's separation and flotation of its U.S. business Citizens could be delayed after it was one of three foreign banks which had their plans...
Ukraine crisis forces bank bond investors to rethink risk
LONDON, March 25 (Reuters/IFR) - European banks such as Societe Generale, Credit Agricole and Unicredit will likely have to pay investors a higher return to buy the risky bonds that...
HSBC to seek investor OK to sell ‘CoCo’ bonds
LONDON (Reuters) - HSBC is to ask its shareholders for permission to sell bonds that would convert into shares and bolster its capital if it hits trouble, giving it the...