Hints and tips:
...Deutsche Bank reported one of its strongest quarterly performances since before the financial crisis this morning, while Barclays, Santander, UniCredit, Standard Chartered, HSBC and UBS all beat analysts...
...Conversely, HSBC, the UK biggest bank, reported third-quarter profits that exceeded expectations as it overhauled its leadership team and announced the appointment of a new chief financial officer....
...On Tuesday, the cinema chain took a step in an unexpected direction, buying a 22 per cent stake in Nevada-based miner Hycroft Mining Holding Corporation....
...During his 30-year career in banking Mr Livingstone has also worked for Credit Suisse — where he was vice-chairman of European investment banking, capital markets and head of regional M&A — as well as HSBC...
...The hedge fund Lansdowne Partners has appointed the former HSBC banker Brian Heyworth as co-managing partner of strategic development....
...A spokesman for HSBC said the bank was “absolutely committed” to helping its customers and was working with clients to complete pending applications ahead of the scheme’s potential reopening....
...The debate comes ahead of the Nevada caucuses scheduled to take place on Saturday....
...(FT) HSBC’s executive search HSBC has identified Jean Pierre Mustier, boss of Italian lender UniCredit, as the leading external contender to become its next chief executive....
...Relative to share price moves since 21st of Feb, DBK/UBS/HSBC appear to be undersold and ING/CASA/RBS appear to be oversold....
...Other banks have also been counting the cost....
...Mr Gulliver was due to hand control of the bank at midnight on Tuesday UK time to John Flint, HSBC’s former global head of retail banking....
...Wednesday 13:30 BST Here’s what’s happening ● William Hill climbed after revealing a national tie-up with US casino operator Eldorado Resorts, its partner in Nevada....
...It also feels at odds with trends at other European banks that have largely seen stable or improving asset quality trends,” he added....
...I know lot of companies like talenthon.io and etoro which went to eastern Europe to do their banking as UK banks won’t accept the money....
...Those defendants include Scotiabank, Barclays, HSBC and Société Générale....
...When Stuart Gulliver, the HSBC chief executive, was called to give evidence before a parliamentary committee last year as to why he once parked money in a Swiss private bank account, the questions soon turned...
...(FT) HSBC slow to clean up its act The bank avoided prosecution over money-laundering allegations in 2012 by paying a $1.9bn penalty and agreeing to provide quarterly updates on compliance efforts....
...(FT) In the news HSBC's Swiss secrets leaked Leaked secret bank account files have revealed how HSBC's Swiss private bank helped customers avoid taxes and conceal billions of dollars of assets, in some...
...Douglas Flint, chairman of HSBC, warned earlier this year that there was “an observable and growing danger of disproportionate risk aversion creeping into decision-making” at Europe’s biggest bank by assets...
...It is setting up dispensaries in Nevada and applying for licences to operate in New York’s new medical market, following the state’s legalisation of some medical cannabis last year....
...(FT) In the news HSBC’s Swiss secrets leaked Leaked secret bank account files have revealed how HSBC’s Swiss private bank helped customers avoid taxes and conceal billions of dollars of assets, in some...
...“We need a miracle,” he posted on Facebook, hoping that Hughes, who was at the Burning Man festival in Nevada, would see it and somehow be able to help....
...“Banks’ profitability in Korea is worsening because of tough regulations. The authorities control everything from loan pricing to fee income,” said Michael Na, analyst at Nomura....
...“This is a good deal in principle with clear synergies and a real rationale,” says Patrick Chidley, an HSBC analyst....
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