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(Sharecast News) - Shares in HSBC fell sharply on Wednesday following reports that the White House was considering undermining the decades-old peg between the Hong Kong and US dollar.
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(For a live blog on European stocks, type LIVE/ in an Eikon news window)* HSBC hit by report Trump aides want to undermine USD/HKD peg* Nokia falls on concerns over potential loss of Verizon business* Britain cuts VAT for hospitality sector; FTMC ...
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UK BROKER RATINGS SUMMARY: Goldman Cuts Rio Tinto To Neutral From Buy
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FirstGroup plunges after flags doubts about its future* Sunak pledges 30 bln pounds to stem unemployment crisis* Banks, transport stocks lead declines* FTSE 100 down 0.6%, FTS...
Read moreLONDON MARKET OPEN: Stocks Start Lower Amid Coronavirus Worries
Read more(Sharecast News) - HSBC plans to cut more than a third of the 678 jobs at its French investment banking business as part of the bank's wider push to slash costs, according to reports.
Read more(Sharecast News) - The White House is preparing a raft of executive orders on subjects ranging from the People's Republic of China, to manufacturing or immigration and the price of prescription drugs.
Read more(For a live blog on European stocks, type LIVE/ in an Eikon news window)* Banks rally, touch highest level in nearly a month* Euro zone retail sales rebound sharply in May as lockdowns ease* UK homebuilders jump on report on property tax relief* Ge...
Read moreBy Peter HobsonLONDON, July 3 (Reuters) - HSBC Holdings Plc has decided to close its industrial metals business, it told Reuters on Friday, as Europe's largest bank pushes ahead with plans to cut around 35,000 jobs.HSBC was a small player in indus...
Read more(Adds additional comments)By Iain WithersLONDON, July 3 (Reuters) - The chairman of majority state-backed lender Royal Bank of Scotland has called on the Bank of England to lift curbs on dividends by the autumn to make lenders attractive to invest...
Read more(Adds comments, context)By Patricia ZengerleWASHINGTON, July 2 (Reuters) - The U.S. Senate unanimously approved legislation on Thursday to penalize banks doing business with Chinese officials who implement Beijing's draconian new national security...
Read more(Adds more comments, context.)By Patricia ZengerleWASHINGTON, July 2 (Reuters) - The U.S. Senate passed legislation on Thursday to penalize banks doing business with Chinese officials who implement Beijing's draconian new national security law on ...
Read more(Sharecast News) - Lawmakers in the US moved a step closer to retaliating against Beijing's decision to change Hong Kong's security laws to clamp down on dissent.
Read moreHSBC Appoints Former Bridgewater Associates Co-CEO Murray To Board
Read more(Adds more detail)By Huw JonesLONDON, July 1 (Reuters) - Banks and insurers in Britain must implement by the end of 2021 plans they have drawn up to deal with risks to their businesses from climate change, the Bank of England (BoE) said on Wednesd...
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