Hong Kong: HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates due to one-time charges related to some businesses, and announced a new $1 billion share buy-back. Europe's biggest bank by assets said on ... Sify, 1 week ago
Global banks have warned they could move thousands of jobs out of Britain to prepare for the expected disruption caused by the country's exit from the European Union, posing a risk to London's status as a major financial centre. Leading financial firms warned ...First Post.com, 1 month ago Factbox - Impact on banks from Britain's vote to leave the EU Sify, 1 month ago
By Anjuli Davies and Lawrence White LONDON (Reuters) - HSBC has begun cutting around 100 senior jobs in its investment banking division worldwide this week, according to sources with direct knowledge of the matter. The cuts affect bankers at managing director ...Sify, 1 month ago
By Pamela Barbaglia DAVOS, Switzerland (Reuters) - Two of Europe's biggest banks warned on Wednesday they could each move around 1,000 jobs out of London, in the clearest sign yet of how financial firms are preparing for disruption caused by Britain's exit ...Sify, 1 month ago HSBC to shift some staff to Paris after Brexit in blow to London Sify, 1 month ago
DAVOS, Switzerland (Reuters) - HSBC will move staff responsible for generating around a fifth of its UK-based trading revenue to Paris following Britain's exit from the European Union, Chief Executive Stuart Gulliver said on Wednesday. "We're not moving this ...Sify, 1 month ago
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