HSBC has cut jobs in its retail and commercial banking units in the United Arab Emirates (UAE) as the bank prepares for lower growth in the Gulf Arab state ... Read More
Investigations into financial crisis conduct show ‘no signs of abating’, warns Moody’s Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial ... Read More
Plenty of investment banks have been expressing an interest in the blockchain. It’s the underlying technology that allows cryptocurrencies like bitcoin to exist. The blockchain a sort of ledger that ... Read More
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q ... Read More
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives ... Read More
Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of ... Read More
Inquiry involves possible collusion between UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui A Swiss regulator has opened an investigation into precious metals trading at a ... Read More
Margin loans are at 10-month low relative to market value Record selloff by leveraged traders fueled stock declines Further losses by Chinese stocks are limited after leveraged traders ... Read More
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat HM Revenue and Customs (HMRC) is winding down its ... Read More
New UBS equity index ETF launched on Xetra ETF provides first-time access to Japanese companies focussed on sustainability A new equity index ETF issued by UBS ETF Sicav has ... Read More
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