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...can discover not only its ready-to-wear but enjoy a vast array of services, including food — offered by its Marchesi 1824 pâtisserie — and art shows and cultural exhibitions made possible by the Fondazione...
...This year HSBC has completed the sale of its Canada unit and its French retail banking business. It has previously agreed to sell its operations in Greece and Russia....
...Private equity group Carlyle and Abu Dhabi investment group IMI have agreed a fresh debt funding package for the Barclay family’s Very Group, the Liverpool-based retail and financial services group....
...HSBC is set to launch a payments app in the UK that will offer cheap foreign exchange to retail consumers as the global lender seeks to compete with fast-growing digital rivals such as Revolut and Wise....
...Pre-tax profits fell 15.3 per cent to £277mn, largely related to its decision in January to withdraw from financial services and offload its core banking business to focus on retail....
...But, for Ridge at Beekman 1802, the services and advice Shopify provides are invaluable. “For us, it’s just ease of use,” he says....
...Already our membership includes companies such as HSBC, Nationwide, Aviva and Barclays. They’re upping their game and others need to follow....
...The Bank of England has fined HSBC £57.4mn for failing to correctly identify customer deposits eligible for protection under the UK’s Financial Services Compensation Scheme between 2015 and 2022....
...The idea that lenders such as Barclays or HSBC, among those reportedly bidding, would now see great potential in cross-selling to supermarket customers should be treated with scepticism....
...Primark will expand its click and collect service across the UK but Weston reiterated that the economics of home delivery still did not make sense given its low prices and the costs associated with it....
...The sprawling global lender also reported a £500mn charge for hyperinflation in Argentina, a $2bn writedown on the sale of its lossmaking French retail network and $300mn of impairments related to unsecured...
...services by 2030....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...By clustering more services in one place, stores could not only spread out the costs but make more of their personal touch....
...HSBC was fined £57.4mn on Tuesday for failing to identify billions of pounds worth of deposits held by hundreds of its customers who were eligible for protection under the UK’s Financial Services Compensation...
...RBC is also required to boost or maintain French, Mandarin and Cantonese language services....
...According to the Met Office, the UK’s national weather service, last month was a wetter than average month, with the south of England experiencing its wettest February since the data series began in 1836...
...The company’s click-and-collect service is being rolled out across all stores in England, Scotland and Wales after an encouraging trial, with management finding that the model “is satisfying unfulfilled...
...Claus Vistesen at Pantheon Macroeconomics said the data excluded services and was often revised heavily....
...“Sephora is very impressive in terms of sales,” said Erwan Rambourg, global head of consumer and retail research at HSBC....
...Farfetch and Yoox also started to offer services and software to build and run ecommerce businesses for luxury brands and for department stores such as Harrods....
...the Financial Services Compensation Scheme between 2015 and 2022....
...Back in 2014, HSBC had published a policy stating that it would not “knowingly provide financial services directly supporting projects which threaten the special characteristics of Unesco World Heritage...
...The value of retail sales rose by an annual rate of 1.2 per cent in January, the British Retail Consortium said on Tuesday....
...There is, he says, “serious oversupply” in the retail market — too many businesses vying for our custom — and, as recent retail collapses have demonstrated, not enough consumer spending to sustain them all...
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