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...Berruga’s resignation was followed by exits of executives including chief investment officer Jon Maier, chief operating officer John Belanger and head of finance Ronnie Riven....
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...Total pay for the HSBC chief executive nearly doubled to £10.6mn ($13.4mn) in 2023....
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...According to the finance ministry, corporation tax receipts for November, typically a bumper month, reached €6.3bn ($6.8bn), a 27 per cent or €1.3bn rise on the same month last year....
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...Finance minister Chrystia Freeland said the deal was subject to stringent conditions, including maintaining HSBC’s Canadian workforce, establishing a banking hub in Vancouver and raising its headcount in...
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...The changes follow rate cuts announced last week by HSBC, Halifax and Leeds Building Society across their residential ranges....
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...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
...Long seen as artefacts of the previous century, shares of these groups including Mitsubishi Corporation and Itochu have traded at typical conglomerate discounts....
...HSBC needs to fend off Asia-focused rival Standard Chartered....
...HSBC’s quarterly profit plunged 80 per cent thanks to a $3bn charge on the value of its stake in a Chinese bank and a further writedown on commercial real estate, highlighting how a slowdown in the country...
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...bank, has urged the government to facilitate a “level playing field” with other markets on their financing of the green transition.Speaking at the Global Banking Summit on Tuesday, Charlie Nunn said “many corporations...
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