Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt
2023-08-13 23:49
HSBC Denies Poaching SVB Employees During First Citizens Takeover
HSBC Holdings Plc denied wrongdoing in its hiring of dozens of employees of the former Silicon Valley Bank
2023-08-08 12:28
UK Lawmakers Criticize HSBC After Executive’s Remarks on China
HSBC Holdings Plc drew criticism from British lawmakers after its head of public affairs accused the UK government
2023-08-07 23:47
HSBC Executive Slams ‘Weak’ UK for Siding With US Against China
HSBC Holdings Plc’s head of public affairs criticized the US for strong-arming the UK into cutting back business
2023-08-07 09:17
UK Banks Set to Reap Billions From Hedging Against Rising Interest Rates
The UK’s biggest banks stand to gain billions this year from hedging against rising rates. Structural hedges, the
2023-08-03 12:20
Asset Managers Pledging Climate Action Drop Ball When Investing
Despite commitments to sustainability, BlackRock Inc., Vanguard Group Inc. and Goldman Sachs Group Inc. are among the asset
2023-08-01 21:26
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:45
HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:24
Biggest UK Banks Under Fire for Not Passing On Rate Rises
Banks including HSBC Holdings Plc, Barclays Plc and NatWest Group Plc have only passed through about a quarter
2023-07-31 23:47
BOJ Stance to Put Japan Earnings Outlook Under Scrutiny Next Week
Japanese firms will be in the spotlight this week after the Bank of Japan loosened its grip on
2023-07-31 10:47
Christian Nonprofit Ditches Barclays Over Oil and Gas Financing
Christian Aid, a British nonprofit, announced that it will no longer bank with Barclays Plc due to the
2023-07-25 13:22
HSBC Votes Against Big Oil More Often Than Peers, Analysis Shows
The investment arm of HSBC Holdings Plc is ahead of peers in backing shareholder resolutions designed to force
2023-07-17 13:20